Allianz Group is adapting its guidelines to pragmatically provide insurance and investment in renewable energy projects. The changes aim to support and speed up the transition of energy companies, particularly in Asia and Eastern Europe, where the adaptation from coal to renewables is difficult and less advanced than in Europe or the United States.
Allianz Group announced today that it would make available six million euros to support relief and recovery efforts following the earthquakes in Turkey and Syria, including up to one million euros to match the donations of its employees and tied agents. At least 500,000 euros has already been deployed via a local fund for immediate humanitarian aid
Sibylle Steimen, Managing Director Advisory & Services at Allianz Re, heads a team of over 40 scientists in the area of catastrophe management. She earned her PhD in seismology at the Swiss Seismological Institute. We spoke to her about the recent earthquakes in Turkey and Syria.
In response to the earthquake that struck Türkiye and Syria on February 6, 2023, Allianz Group is contributing to the Red Cross Society through its Disaster Response fund. Funds will be distributed to Turkish and Syrian Red Crescents for relief work in the impacted areas on both sides of the border.
Feb 06, 2023
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Sustainability,Climate Change,Article,Property & Casualty
When intertwined, diverse green initiatives add up to smaller and smaller carbon footprints. Combine a video assessment of car damage, for instance, with choosing to repair a slightly damaged part instead of replacing it, and the positive impact grows further.
