All the headlines from our Allianz Topic Page, ordered by recency.
Jun 17 2021 // A French Michelin three-star chef is asking Allianz SE for 1.6 million euros ($1.9 million) in insurance claims for losses suffered by his restaurants during the country’s lockdowns, a person familiar with the matter...
Jun 4 2021 // DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm of NN Group NV, people familiar with the matter said.The unit, known as NN Investment Partners,...
May 21 2021 // MILAN – Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies and insurance price comparison companies to limit competition for automobile...
May 17 2021 // COVID-19 may drive market corrections and insolvencies that could impact financial institutions’ balance sheets, increase exposures for directors and result in litigation.However, financial institutions are also...
May 11 2021 // Everest Re Group reports that Jim Williamson has assumed responsibilities as the head of the Everest Reinsurance Division effective immediately. This is in addition to his roles as executive vice president and group chief...
May 6 2021 // COVID-19 may drive market corrections and insolvencies that could impact financial institutions’ balance sheets, increase exposures for directors and result in litigation.However, financial institutions are also...
May 3 2021 // Allianz Global Corporate & Specialty (AGCS) and Nexus Group announced a four year strategic underwriting and claims delegated authority agreement for small and medium-sized enterprises (SMEs) customers.Nexus, a...
Apr 16 2021 // Dieter Wemmer, a veteran insurance executive who was chief financial officer at Allianz SE, is launching a blank-check company to target deals in the sector where he worked for more than three decades, people familiar with...
Mar 28 2021 // Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the feasibility of a counteroffer, according to people familiar with the...
Mar 26 2021 // BERLIN – The container ship blocking the Suez Canal could cost global trade $6 billion to $10 billion a week, a study by German insurer Allianz showed on Friday.The study by Europe’s biggest insurer also found that...
Mar 26 2021 // Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion).The deal values London-based Aviva’s Polish business at 2.7 billion euros, according...
Mar 23 2021 // Allianz Partners, a travel insurance and assistance company, has added enhancements to its travel insurance products that may provide coverage to customers who become ill with COVID-19 or a future epidemic, are...
Mar 9 2021 // Allianz’s technology investment arm is committing $75 million to WeLab, a Hong Kong-based fintech focused on virtual banking, consumer financing and other related digital services. The deal also includes a strategic...
Mar 4 2021 // Aviva Plc has exited its Italian businesses in a pair of deals totaling 873 million euros ($1.1 billion) as the UK insurer continues to pivot to its core markets.CNP Assurances and Allianz SE bought the London-based...
Mar 3 2021 // Thierry Portevin, current global head of property at Allianz Global Corporate & Specialty (AGCS), will be appointed global head of Allianz Risk Consulting (ARC), reporting directly to Tony Buckle, chief underwriting...
Mar 2 2021 // Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its clients, the companies...
Mar 2 2021 // Hub International has added entertainment insurance specialist David Cloward as practice leader in the Los Angeles, Calif. office. Cloward will focus on managing film, production, venue, business management and live...
Feb 24 2021 // Allianz Global Corporate & Specialty (AGCS) has named Katie Fioretti as regional head of portfolio steering for financial lines in North America, effective immediately.She assumes the role from Alessandro Carriglio,...
Feb 19 2021 // FRANKFURT – German insurer Allianz posted its first fall in annual operating profit in nearly a decade on Friday on higher claims from businesses hit by lockdowns and lower demand for car and travel insurance.Operating...
Feb 11 2021 // Allianz Global Corporate & Specialty’s (AGCS) North American Aviation team has promoted two executives and hired a new underwriting specialist, effective immediately. Lamont Rosemond has been promoted to regional...