Euler Hermes Group announces leadership change

Euler Hermes Group announces that Wilfried Verstraete, CEO and Chairman of the Board of Management, has decided to step down from his operational duties after twelve successful years in the role. Clarisse Kopff will succeed him as CEO and Chairperson of the Board of Management.

Changes to the Allianz SE Board of Management

Barbara Karuth-Zelle, currently CEO of Allianz Technology SE, has been appointed to the Board of Management of Allianz SE in charge of Operations and IT, effective January 1, 2021. Christopher Townsend has been appointed to the Board of Management of Allianz SE in charge of Global Insurance Lines, including AGCS and Euler Hermes, Reinsurance, Anglo Markets, Middle East and Africa, effective January 1, 2021.

Barbara Karuth-Zelle: A new kind of manager

Barbara Karuth-Zelle (51), currently CEO of Allianz Technology SE, has been appointed to the Board of Management of Allianz SE in charge of Operations and IT, effective January 1, 2021.

A portrait…

Allianz Global Wealth Report 2020: Year of the Rich

A year to miss for several reasons, 2019 was also when global wealth jumped to a new record high. But not everyone benefited. And a positive trend towards financial equality reversed, according to the Allianz Global Wealth Report 2020...

Companies face five liability risk trends in the face of the coronavirus pandemic

Liability exposures for companies around the world are increasing. Factors such as rising litigation, collective redress and large court verdicts, costly and frequent recalls in the automotive and food sectors, the disruptive impact of civil unrest and riots in a growing number of countries, and environmental concerns such as indoor air quality and higher fines and remediation standards will likely impact businesses and their insurers in future, according to a new report from AGCS...

Europe: Post-corona pulse check

In the aftermath of the coronavirus crisis, what’s the mood in Germany, France and Italy? More pessimistic than earlier believed, finds the latest Allianz Pulse. Surprisingly, digitalization has slipped in the priority list of these Europeans but climate change remains their concern...

East Africa's Jubilee Insurance and Allianz forge strategic partnership

Jubilee Holdings Limited, East Africa’s largest insurance group, and Allianz, one of the world's leading insurers and asset managers, have signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates.

Allianz Benelux and Monument Re announce closed book portfolio transaction

Allianz Benelux (Belgium) and Monument Re have agreed today to transfer a closed book of classical life retail insurances together with 4,500 mortgage loans to Monument Assurance Belgium (MAB) and to transfer the related operations within 18 months after regulatory approvals. The transaction includes a portfolio of 95,000 policies with technical provisions of 1.4 billion euros under Solvency II.

Allianz achieves 2.6 billion euros operating profit in 2Q 2020

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to -7.7 percent in the second quarter of 2020, mostly driven by the Life/Health business segment. Total revenues decreased 6.8 percent to 30.9 billion euros in the second quarter of 2020.

Covid-19 Vaccine: Trials and Tribulations

Even as countries hobble out of lockdown, coronavirus retains its firm grip on the planet. Dozens of vaccines against Covid-19 are being explored and tested. Can new methods accelerate the development of a solution for the pandemic?

United Against Coronavirus: Allianz - A Friend In Need

Amid a raging pandemic, how are Allianz entities worldwide supporting customers and communities in their battle for survival? Here are some highlights...  

Coronavirus: 3 Questions, 3 Answers

Coronavirus has thrown the best-laid plans for 2020 out of gear. Anne Lepetit, Chief Medical Officer of Allianz Partners, shares her expertise on Covid-19...

8th Allianz Motor Day: The cyber risk of virtual car keys

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 by the experts at the 8th Allianz Motor Day on September 22, 2020, focusing on the example of the “virtual car key.” 

Earthquake and Fire Research Center in Turkey expands family of Allianz research centers

The family of Allianz Centers for Technology is growing. With the Allianz Teknik Earthquake and Fire Testing and Training Center in Turkey, three Allianz Group research centers are now available to support customers and society in loss prevention, improve products and processes, and increase the operational safety of systems and consumer goods.

Allianz Capital Partners' first global infrastructure fund reaches first close

Allianz Global Investors (AllianzGI) announced the first close of the Allianz Global Diversified Infrastructure Equity Fund (AGDIEF). The fund, which was launched earlier this year and is managed by Allianz Capital Partners (ACP), attracted commitments exceeding 600 million euros from institutional clients.