All the headlines from our Allianz Topic Page, ordered by recency.
Dec 16 2020 // While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead.Rising insolvency exposures, growing...
Dec 2 2020 // Allianz announced it has agreed to purchase the general insurance business of Westpac Banking Corp., the Australian banking group for a deal worth A$725 million (US$534 million).It will also enter into a new 20-year...
Nov 24 2020 // Swiss Re Corporate Solutions appoints Tina Baacke as global head Risk Engineering Services, effective Jan. 1, 2021.In this role, Baacke will be responsible for leading a global team of experts that provides ri sk...
Nov 9 2020 // Some of the world’s largest insurers and pension schemes are warning companies they invest in not to finance, insure, build, develop or plan new thermal coal plants or face sanctions, including possible...
Nov 6 2020 // German insurer Allianz on Friday declined to provide a forecast for 2020 given uncertainty around the COVID-19 pandemic, despite delivering an unexpected 6% rise in third-quarter net profit.Allianz, like other insurers,...
Oct 6 2020 // Allianz SE, Europe’s largest insurer, is bracing for a flood of claims after movie and television studios were forced to curtail production during lockdown.A unit of Allianz, which says it’s the largest insurer...
Oct 6 2020 // Allianz CEO Oliver Baete said on Tuesday that European governments needed to be careful about spending record amounts on the COVID-19 crisis as many ordinary people would be angry when they were handed such a vast bill.The...
Sep 30 2020 // Allianz Global Corporate & Specialty (AGCS) has made several hires to strengthen its cyber insurance underwriting team: Tresa Stephens as regional product leader; Josh Navarro, executive underwriter; and Ed Lee,...
Sep 28 2020 // Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments...
Sep 18 2020 // Former Bank of England Governor Mark Carney will join the advisory board of PIMCO, one of the world’s biggest bond investment companies, adding to his existing roles with the United Nations and a Canadian asset...
Aug 25 2020 // Newly-launched insurance run-off specialist Marco Capital Holdings said it has agreed to purchase British Reserve Insurance Co. Ltd., a UK non-life insurance company, from Allianz. The transaction, Marco’s first, is...
Aug 18 2020 // Allianz Benelux in Belgium reported it will transfer a closed book of life retail insurance business together with 4.500 mortgage loans to Monument Assurance Belgium (MAB) within 18 months after regulatory approvals.The...
Aug 5 2020 // Allianz said on Wednesday that it was fielding a request for information from the U.S. Securities and Exchange Commission over a series of funds that suffered sharp losses amid the coronavirus-led market meltdown earlier...
Aug 5 2020 // German insurer on Wednesday posted a 29% fall in net profit in the second quarter from a year earlier and shied away from updating its full-year profit guidance as the coronavirus pandemic slows business and clouds the...
Aug 5 2020 // New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. contaminated and consumer products recall...
Jul 21 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has named Dr. Frank Amandi as head of Financial Institutions, for Executive and Professional Lines in Germany.Amandi has more than 20 years of experience...
Jul 16 2020 // Large shipping losses dropped by 20% last year, in a continuation of decade-long trend when losses declined by almost 70%, according to a report published by Allianz Global Corporate & Specialty (AGCS).However, the...
Jul 15 2020 // The West African coast has overtaken Southeast Asia as the worst area for piracy and kidnappings reported at sea last year, with the number of seafarers seized rising by more than 50%, according to a study.The area, known...
Jul 13 2020 // As Allianz Global Corporate & Specialty SE (AGCS) executes its plan to regain profitability in the corporate and specialty insurance segment, it is adopting a more simplified regional organization in North America. The...
Jul 13 2020 // Allianz has finalized the acquisition of the automobile and other property & casualty business from SulAmérica in Brazil.This follows the announcement of the deal on August 23, 2019. The transaction enlarges the...