Allianz News
Former Allianz Execs Raise Funds for Carbon Credit-Backed Insurance
An insurance startup 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 ...
Ransomware, Extortion Claims See ‘Worrying Resurgence,’ Says Allianz
Following two years of high but stable loss activity, 2023 has seen a "worrying resurgence" in ransomware and extortion claims as the cyber threat landscape continues to ...
Generali to Sell TUA Assicurazioni to Allianz in $295M Deal
Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA Assicurazioni for 280 million euros ($295 million) in ...
Allianz Establishes New $1.6B Private Credit Fund
Allianz Global Investors, the insurance company's money management division, is pushing ahead with plans to raise at least 1.5 billion euros ($1.63 billion) for a new global private credit fund, a ...
AGCS and Local Allianz P/C Entities Now Trading as ‘Allianz Commercial’
Allianz Global Corporate & Specialty (AGCS) together with the commercial insurance businesses of local Allianz Property & Casualty (P&C) entities have begun ...
War, Inflation, Polarization Driving Global Increase in Political Risk
Inflation, social inequality, environmental concerns, political polarization and the Russia-Ukraine war are among factors that are leading to an increased risk of civil ...
Allianz Commits 6 Million Euros to Earthquake Relief and Recovery
Allianz Group has made a commitment of six million euros to support relief and recovery efforts following the earthquakes in Turkey and Syria, including up to one million ...
Insurers Challenge Boy Scouts $2.5B Bankruptcy Approval Alleging Abuse
A group of insurers—including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers—are challenging an approval of the Boy Scouts of America's $2.46 billion bankruptcy ...
Update: Amazon Launches Home Insurance Comparison Website for UK Customers
Amazon.com Inc. is launching a home insurance portal in Britain and has signed up three big-name insurers as it pushes further into financial services across the ...