2Q 2020 EARNINGS

ALLIANZ ACHIEVES 2.6 BN EUROS OPERATING PROFIT

Press release

In the spotlight

Rocky Road to Recovery

Both the human and the economic cost of the coronavirus pandemic have been huge. As countries and communities pick up the pieces, Allianz economists take stock of the effect of the Covid-19 crisis on the global economy, forecasting a contraction of 4.7 percent this year followed by a recovery in 2021...

VIRUS SCAN

Insurance Outlook 2020

Coronavirus will keep the insurance industry in weak health this year. But the pandemic could accelerate emerging trends in the industry. Digitalization, ESG and Asia are some keywords to watch, say Allianz economists in their latest Allianz Global Insurance Report...

A LOST YEAR

Euler Hermes Insolvency Report

The Covid-19 crisis will trigger a major acceleration in business insolvencies due to both the suddenness and historic size of the economic shock and its expected lasting effects, according to an Euler Hermes study. At a global level, Euler Hermes’ insolvency index is expected to hit a record high of +35 percent.

Ticking time bomb

Safety & Shipping Review 2020

Large shipping losses are at a record low, having fallen by over 20 percent year-on-year, according to Allianz Global Corporate & Specialty SE’s Safety & Shipping Review 2020. However, the coronavirus crisis could endanger the long-term safety improvements in the shipping industry for 2020 and beyond.

CLOUDY HORIZON

Results 2Q 2020

The results for the 2nd quarter of 2020 were released on August 5.

Sustainability @ Allianz

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

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Latest News

Jul 10, 2020

Allianz completes acquisition of automobile and other Property-Casualty business from SulAmérica

Allianz has closed the acquisition of the automobile and other Property & Casualty business from SulAmérica. This follows the announcement of the deal on August 23, 2019. The transaction enlarges the service offering for customers and grows Allianz’s geographical footprint in Brazil.

Jul 07, 2020

AllianzGI and Virtus Investment Partners announce strategic partnership in U.S. retail market

AllianzGI, a leading global active asset manager, and Virtus Investment Partners Inc., which operates a multi-boutique asset management business, have agreed to a strategic partnership that will focus on enhancing both firms’ growth opportunities with Virtus representing AllianzGI’s compelling investment strategies in the U.S. retail market to existing and potentially new clients.

Jul 01, 2020

Allianz Global Corporate & Specialty SE embarks on global transformation program

Under its new leadership, Allianz Global Corporate & Specialty (AGCS), the industrial insurer of Allianz Group, announces a comprehensive transformation program, “New AGCS”, to regain profitability and market leadership in the corporate and specialty insurance segment.

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