The 10th Allianz Motor Day addressed the question of how sustainable car insurance can be. The discussions at the international event hosted by Allianz focused on how electromobility can be promoted as a key lever for decarbonization on both the product and service sides and how CO2 emissions can be reduced through sustainable claims management.
We spoke with Carsten Quitter, Group CIO, to discuss NeuConnect, a recent investment by Allianz in a power link between Germany and the United Kingdom, and how Allianz’s approach to renewable energy is developing.
Allianz Direct and CHECK24 are launching a strategic partnership in Germany and Spain: in future, consumers in both countries will be able to access Allianz Direct products on CHECK24's comparison portals. The first joint product launch will be in motor insurance in Germany.
NeuConnect is a privately-financed interconnector that will connect Germany´s and the UK´s energy power grids for the first time. It could deliver a net reduction in carbon emissions of over 13 Mt of CO2 over 25 years and power up to 1.5 million households.
The funds raised in this investment round will be used to accelerate Coalition’s rapid growth, power its international expansion, and broaden the services Coalition offers to help organizations manage digital risk. Coalition is a leading provider of cyber insurance and security to Small and Medium Enterprises (SMEs).
Allianz is providing Coalition with long-term committed capacity for its US cyber insurance programs and will lead Coalition’s UK cyber program when it launches later this year.
Allianz Global Investors (AllianzGI) today announced the first close of the Allianz Global Real Estate Debt Opportunities Fund (AGREDO) at EUR 515mn. The fund that was launched in February 2022 is the first real estate private debt fund of AllianzGI. The AGREDO enables investors to invest alongside Allianz and aims to provide them with access to a globally diversified portfolio of higher yielding real estate debt opportunities with strong downside protection.
Allianz Real Estate has acquired a brand new LEED Platinum & WELL Gold office complex in Barcelona. The 29,000 sqm asset is composed of two buildings, which meet Carbon Risk Real Estate Monitor (CRREM) standards and are compliant with EU Taxonomy.
Allianz Real Estate, one of the world’s largest real estate investment managers, has entered into an agreement to acquire a portfolio of prime multi-family residential assets in Tokyo for approximately USD 90 million, on behalf of the Allianz Real Estate Asia-Pacific Japan Multi-Family Fund I (‘AREAP JMF I’).
