We spoke with Carsten Quitter, Group CIO, to discuss NeuConnect, a recent investment by Allianz in a power link between Germany and the United Kingdom, and how Allianz’s approach to renewable energy is developing.
Allianz confirms that it is neither insuring new business nor making new investments on behalf of its own investment portfolio in Russia. Our operating entities are no longer underwriting new insurance business in Russia, and are decisively reducing exposure in an orderly manner. In addition, Allianz is making no new investments in Russia or Belarus on behalf of its policyholders.

Supporting Ukrainian refugees and those who help them

The analysis conducted by Allianz Global Corporate & Specialty found that over the past five years, fire and explosion, natural catastrophes and faulty workmanship or maintenance have been the major causes of loss by value of insurance claims.
The race to energy sovereignty sparked by Russia’s invasion of Ukraine could push Germany’s green transition well past the finish line. Despite the increased use of coal for electricity generation in the short term, the EU ETS will limit additional emissions, and coal is still on track to be phased out by 2030.

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dummy Tomorrow - a podcast by Allianz Research

The Allianz Group Half-year Report 2022 was released on August 5, 2022.

 

Sustainability is an integral part of our business and value system. 

Latest News

Aug 05, 2022

With the publication of its second quarter and half-year 2022 financial results today, Allianz Group confirmed its full-year outlook. 

Jul 22, 2022

Allianz Direct and CHECK24 are launching a strategic partnership in Germany and Spain: in future, consumers in both countries will be able to access Allianz Direct products on CHECK24's comparison portals. The first joint product launch will be in motor insurance in Germany.

Jul 21, 2022

NeuConnect is a privately-financed interconnector that will connect Germany´s and the UK´s energy power grids for the first time. It could deliver a net reduction in carbon emissions of over 13 Mt of CO2 over 25 years and power up to 1.5 million households.

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