All the headlines from our Allianz Topic Page, ordered by recency.
Sep 5 2024 // This edition of International People Moves details appointments at Brit Ltd. in Bermuda and HDI Global in Germany.A summary of these new hires follows here. Brit Names Guy Carpenter’s Stephenson to Lead Bermuda...
Aug 6 2024 // Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would be held to account on its commitments and that the potential deal isn’t expected...
Aug 1 2024 // Howden, the global insurance intermediary group, today announces that it has agreed to acquire the Musical Insurance book from Allianz UK and will incorporate its customer base and marketing and operations teams into...
Aug 1 2024 // Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will...
Jul 22 2024 // Insurer Allianz SE expects to pay German winemakers tens of millions of euros in insurance claims this year after many vineyards lost their entire harvest to heavy frosts.While mild temperatures earlier in the year helped...
Jul 17 2024 // Allianz SE agreed to buy a majority stake in Singapore’s Income Insurance Ltd. for about S$2.2 billion ($1.6 billion) to strengthen its presence in Asia.The German company plans to acquire at least 51% of Income...
Jun 14 2024 // Singapore’s Income Insurance Ltd is in discussion with Allianz regarding a transaction relating to its shares in Income Insurance, it said in a statement on Friday.The company added in the statement that there is no...
Jun 10 2024 // A former Allianz fund manager pleaded guilty on Friday over his role in a meltdown of private investment funds sparked by the pandemic that caused an estimated $7 billion of investor losses.Gregoire Tournant, 57, of...
May 29 2024 // This edition of International People Moves details appointments at aviation specialist Itasca MGA Ltd. and DUAL Group, Howden’s MGA subsidiary.A summary of these new hires follows here. Specialist Aviation MGA Itasca...
May 24 2024 // Allianz is the lead insurer for the Singapore Airlines aircraft which left one person dead and scores injured after it hit severe turbulence and had to be diverted to Bangkok this week, two sources said on Thursday.The...
May 21 2024 // Allianz Commercial and Rokstone, the Aventum Group’s international re/insurance MGA, announced a collaboration for a US$10 million facility to write marine cargo business worldwide with immediate effect.This broadens...
Apr 17 2024 // Aspen Insurance Holdings Ltd. and PIMCO Investment Management Co. announced the formation of Pando Re Ltd., a Bermuda-domiciled collateralized re/insurer focused on casualty business.Under a long-term agreement, Aspen will...
Apr 5 2024 // Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire Allianz Global Corporate & Specialty’s US MidCorp and Entertainment businesses...
Feb 28 2024 // This edition of International People Moves details appointments at AXIS Capital Holdings and Xenia Broking Group.A summary of these new hires follows here. AXIS Names Lord as Global CIO, Barriero as Head of Strategic...
Feb 28 2024 // The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds facing Prime Minister Rishi Sunak as he attempts to boost growth.About 15% of small and...
Feb 26 2024 // This edition of International People Moves details appointments at QBE’s International Markets division and Howden’s DUAL.A summary of these new hires follows here. QBE Names Shallow to Executive Director for...
Feb 23 2024 // Allianz SE is making a strategic investment in money manager AlTi Global Inc. in an expansion of the insurance giant’s global holdings in wealth management.The German insurer’s venture arm, together with...
Feb 23 2024 // Allianz SE shares fell as the German insurance giant reported earnings in its property-casualty business that missed expectations.Fourth-quarter operating profit in the segment came in at €1.6 billion ($1.7 billion),...
Feb 5 2024 // Cyber-related incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer.Business interruption ranked second, while...
Jan 29 2024 // An insurance start-up founded by three former Allianz executives that aims to guarantee companies buying carbon credits get the permits they’ve paid for has closed the biggest European climate-focused seed funding...