Allianz News
Sea-Level Rise Puts $117.5B at Risk From Chronic Flooding
Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for proof one can just ask Phil Renaud, executive director for the Risk ...
Who Will Allianz Acquire Next? There Are Plenty of Potential M&A Targets
A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe's largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential ...
The Latest Launches From Allianz and ISO
Allianz Group will start selling property/casualty insurance in several Central and Eastern European markets, thanks to a new distribution agreement. ISO is now offering a new home healthcare program ...
Allianz Invests in Africa Re, Continuing an Africa Expansion
Germany's Allianz Group will acquire an 8 percent stake in Africa's largest reinsurer, Africa Re, in a cash deal worth $81 million. The deal makes Allianz one of Africa Re's largest shareholders and ...
Executives On The Move at Allianz, Great American and Validus Specialty
Allianz promoted an executive to the new role of chief business transformation officer. Great American Insurance Group has a new head of its annuity group. Validus Specialty added a senior ...
Allianz Hurricane Claims Dampened Profit, but PIMCO Unit Surged
A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn't enough to stop Allianz SE from raising its dividend. Europe's biggest insurer will increase ...
Rash of Natural Disasters Made Reinsurers Desirable Acquisition Targets
The $500 billion reinsurance industry is experiencing a flurry of deal talks. One reason: Companies are finally for sale as a rash of natural disasters has depressed valuations and a influx of ...
XL Group Is Reportedly Drawing Potential Suitors, Including Allianz
Bermuda-based insurer XL Group Ltd. is attracting interest from rivals including Allianz SE of Germany, according to people with knowledge of the matter. Interest from insurers in potentially ...