Allianz News
Risks Rise Significantly for Company Execs Seeking D&O Cover
The range of risks facing company executives, or directors and officers (D&Os), has increased significantly in recent years along with resulting insurance claims, according to a report published ...
Insurers, Others Pressure Global Energy Watchdog Over Climate Change Fight
Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned about climate change to overhaul the agency's projections for ...
AGCS Picks Müller as New Leader, Makes Other Executive Changes
Allianz Global Corporate & Specialty SE named a new leader and has made other key executive changes. All are effective Dec. 1, 2019, pending regulatory approval. Joachim Müller, currently CEO of ...
Allianz, Microsoft Partnership Seeks Industry Transformation Through Open-Source Software
Allianz SE and Microsoft Corp. are partnering to reimagine the insurance industry experience for carriers and customers, in part through greater use of digital technology and the cloud. Their ...
Key Allianz Insurance Unit Slumps, but PIMCO Arm Excels
Allianz SE, the German insurer that owns bond manager Pacific Investment Management Co., relied on inflows at the asset management unit to offset lower earnings at its property and casualty business. ...
Allianz Reportedly Emerges as Frontrunner for BBVA Insurance Arm Investment
German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources close to the deal told Reuters, after Italian rival Generali pulled ...
Allianz Pays $738M For General Insurance Assets of SulAmerica in Brazil
Allianz SE agreed to pay 667 million euros ($738 million) for the general-insurance assets of SulAmerica, a deal that will make the German firm Brazil's second-largest provider of motor insurance. ...
Allianz’ PIMCO Helps Boost Insurer’s Q2 Profit
Allianz SE got a boost from bond giant Pimco in the second quarter as its main insurance businesses felt the pinch of low interest rates. Pacific Investment Management Co. attracted 23 billion euros ...