Despite underlying tensions over a host of issues, the European Union came together remarkably well to deal with the Covid-19 crisis. Has the adversity changed perceptions about EU solidarity? Allianz takes the pulse in France, Germany and Italy…
In fits and starts, the wheels of the global economy are beginning to turn again. The year-and-a-half-long winter of discontent across the globe is fading away as Covid-19 vaccination programs make inroads and summer slows down infections in Europe. So what can we expect from 2021?
The insurance industry weathered the Covid-19 storm with more resilience, says the latest Allianz Global Insurance Report. The post-Covid-19 landscape will open up new opportunities, with growth expected for both the insurance industry and the global economy…
Financial institutions and their directors have to navigate a rapidly changing world, marked by new and emerging risks driven by cyber exposures based on the sector’s reliance on technology, a growing burden of compliance, and the turbulence of Covid-19, according to a new report 'Financial Services Risk Trends: An Insurer’s Perspective' from Allianz Global Corporate & Specialty (AGCS).
Allianz’s Annual Report 2020 details board members’ remuneration. The base salary, annual bonus, and perquisites are linked to the performance of 2020 and 2019, whereas the Allianz Equity Incentive payouts result from grants related to 2015 and 2014. Supervisory Board Chairman Michael Diekmann answers three questions on the changes in CEO Oliver Bäte’s remuneration.
Allianz and American Tower Corporation announced that Allianz Capital Partners on behalf of Allianz insurance companies and the Allianz European Infrastructure Fund will acquire a 10 percent stake in ATC Europe, joining Caisse de dépôt et placement du Québec (CDPQ) in a long-term strategic partnership with American Tower. The transaction is valued at over 530 million euros, reinforcing a more than 8.8 billion euros enterprise value for ATC Europe.
Allianz completes acquisition of majority stake in Jubilee General Insurance, Kenya
Allianz has become the majority shareholder in Jubilee General Insurance Limited in Kenya. This follows the acquisition of a 66 percent stake in the company, representing 1,522,622 ordinary shares, from Jubilee Holdings Limited (JHL), East Africa’s largest insurance group who are retaining a 34 percent shareholding in the company.
Allianz announces its sustainability performance 2020 and new guidelines for coal-based business models
Allianz Group has released its 20th Sustainability Report, outlining its environmental, social and corporate governance achievements in fiscal year 2020, as well as its sustainability strategy and targets.