Allianz News
Allianz: Many U.S. Residents Want Foreign Vacation Insurance Coverage
Nearly half of Americans would consider buying travel insurance for future foreign vacations due to recent world events, according to a new survey. The finding is among the conclusions contained in ...
Allianz To Pimco: Now Is The Time To Prove Yourself
German insurer Allianz has called on its California-based asset manager, Pimco, to prove itself after investors withdrew a further 22 billion euros ($30 billion) in the first quarter, denting group ...
Reputational Risk Isn’t Just for Insurance Carrier Clients Anymore
Social media moves at the speed of a whisper these days, which is why hushed information—personal prejudices, corporate moves—can be a secret one minute and twirling across the Twittersphere the ...
Allianz to Face Shareholder Pressure Over Pimco Performance
Allianz shareholders will publicly press its top executives next week to address the underperformance of its Pimco fund management unit in the hope that the German insurer will look more closely at ...
Allianz Targets Energy Industry as Insurer Expands in Canada
Allianz SE, Europe's biggest insurer, is expanding in Canada, targeting protection for the energy and mining industries. The insurer plans to boost gross written premiums in the nation to C$500 ...
Damage Control Underway at Allianz’s PIMCO
In mid-February, a group of current and former PIMCO employees were invited to a private farewell party for Mohamed El-Erian on March 10, to mark his impending departure as chief executive of the ...
Allianz in 440 Million Euros Deal for Italian Insurer P/C Book
Allianz SE, Europe's biggest insurer, agreed to buy Milano Assicurazioni SpA assets from Unipol Gruppo Finanziario SpA for 440 million euros ($612 million), the Munich-based company said. The deal ...
Expect Nothing ‘Radical’ in 2014 for Reinsurance Prices: Allianz Re CEO
Property and casualty reinsurance rates, which fell in seven of the last 10 years, probably won't rebound in 2014, the head of Allianz SE's reinsurance arm said. "Last year's catastrophe activity was ...