From summit to survival: How Allianz Travel Insurance helped Mark escape a Mount Everest emergency

Mark Drew, a seasoned ultra-marathon athlete and Allianz customer, was on the adventure of a lifetime, a guided trek to Everest Base Camp. However, things took a serious turn when he was struck by severe altitude sickness. With his oxygen saturation level dropping to a dangerously low 70%, Mark suddenly had to be airlifted off the mountain to receive urgent, lifesaving medical care.

Thankfully, he had Allianz travel insurance, making all the difference when it mattered most. Watch his incredible story of endurance, emergency, and recovery below. 

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Apr 23, 2026 | Media release

AllianzGI acquires a 51% stake in German battery storage platform GESI

Allianz Global Investors (AllianzGI) announced today that it has acquired a 51 percent stake in battery storage platform Green Energy Storage Initiative (GESI) on behalf of Allianz insurance companies.

Apr 22, 2026 | Mergers & Acquisitions, Media release

Jio Financial Services and Allianz to form 50:50 primary insurance joint venture

Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V., today entered into a binding agreement to form a 50:50 primary insurance joint venture (JV) – covering general insurance and health insurance – to serve the rapidly expanding Indian insurance sector.

Apr 17, 2026 | Climate Change, Natural Disasters, Statement, Sustainability, Property & Casualty

Keeping Europe insurable and inhabitable

The rising economic costs of natural disasters are putting the affordability and viability of insurance – as well as the habitability of Europe – at risk. In a byline for the March 2026 edition of The Eurofi Magazine, Group Head of Global P&C Matthias Trüstedt discusses the challenges Europe is facing in adapting its changing climate.

Apr 08, 2026 | Reports & studies

Business as unusual: Exporters adapt to geopolitical shocks

The conflict between the US and Iran has thrown a fresh layer of uncertainty onto an already fragile global trade landscape. According to the Allianz Trade Global Survey for 2026, which gathered insights from 6,000 companies across 13 countries, businesses are now grappling with increased tariffs, weakened demand, and soaring energy costs in addition to uncertainty in the Middle East.

Mar 27, 2026 | Article, People & Culture, Artificial Intelligence

AI at Work: How Human and AI Skills Make Insurance Better

Blending human skills with cutting-edge AI technology is revolutionizing insurance at Allianz. Discover how upskilling in AI empowers employees to deliver faster, smarter, and more personalized customer service—while fostering responsible innovation and stronger, more collaborative teams.

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The Allianz Group is one of the world’s leading insurers and asset managers, active in almost 70 countries and serving around 97 million private and corporate customers*. Our customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Recognized for the seventh consecutive year as the number one global insurance brand in Interbrand’s Best Global Brands 2025 ranking, Allianz’s success is built on technology-enabled customer centricity – providing peace of mind, protection, and prevention for our customers and strengthening the resilience of individuals, communities, and societies. We are one of the world’s largest investors, managing around 764 billion euros** on behalf of our insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 2.0 trillion euros** of third-party assets. Thanks to our systematic integration of environmental and social criteria in our business processes and investment decisions, Allianz received an MSCI ESG Rating of AAA (as of March 2026). In 2025, our 156,000 dedicated employees achieved a total business volume of 186.9 billion euros and an operating profit of 17.4 billion euros for our shareholders.

* Customer count reflects Allianz customers in consolidated entities that are part of the customer reporting scope only.

** As of December 31, 2025.

As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements: