As the challenging socio-economic conditions persist, Allianz Group demonstrated its resilience again in the third quarter of 2020 and recorded a solid performance in all business segments nine months into the year...
The United Nations-convened Net-Zero Asset Owner Alliance (AOA), of which Allianz is a founding member, has set its first target range for portfolio decarbonization until 2025. What role does this alliance aim to play in the world economy and what is the way forward?
Earlier this year, the coronavirus outbreak forced most of us to participate in the world’s biggest remote working experiment. The ‘New Work Model’ project at Allianz aims to use the positive lessons from the Covid-19 crisis to create a blueprint for the future of daily work at the company...
The Covid-19 pandemic is one of the largest economic loss events in history for companies and insurers alike. However, it’s not only the magnitude of the impact which is unprecedented. Claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of the pandemic, according to a new AGCS report.
Connected cars need to offer adequate protection from potential cyber risks, but at the same time they have to permit discrimination-free access to the vehicle’s data so that third parties can perform servicing. Just how complex that can turn out to be in practice was discussed recently by experts at the 8th Allianz Motor Day, focusing on the example of the “virtual car key.”
Allianz and Telefónica create a partnership to deploy fiber in Germany
Allianz and Telefónica have reached an agreement for the creation of a joint venture to deploy Fiber-to-the-Home (FTTH) in Germany. Following closing, Allianz Group and Telefónica Group will each hold 50 percent in the joint venture company under a co-control governance model. Allianz Capital Partners will invest 50 percent in the JV on behalf of Allianz insurance companies and the Allianz European Infrastructure Fund.
Allianz to invest in Portuguese gas distributor Galp Gás Natural Distribuição
Allianz Capital Partners on behalf of Allianz insurance companies and the Allianz European Infrastructure Fund has signed an agreement to purchase from Galp Energía S.A. a 75 percent stake in Galp Gás Natural Distribuição. GGND is a regulated distribution network with a length of over 13,000 km that is serving c.1.1 million households. Almost 95 percent of GGND's network consists of low-pressure polyethylene pipes, which can be utilized for distribution of hydrogen, synthetic natural gas or biomethane.
Allianz again named world’s #1 insurance brand in Interbrand’s Best Global Brands Ranking
For the second consecutive time, Allianz has emerged as the top insurance brand in the world, according to Interbrand’s Best Global Brands Ranking. The positive news comes at an especially uncertain time for markets and industries across the globe, as they attempt to navigate the challenges of a worldwide pandemic.