The latest news from the Allianz Group as well as images for use by the media
Oct 29, 2020
Allianz and Telefónica create a partnership to deploy fiber in Germany
Allianz and Telefónica have reached an agreement for the creation of a joint venture to deploy Fiber-to-the-Home (FTTH) in Germany. Following closing, Allianz Group and Telefónica Group will each hold 50 percent in the joint venture company under a co-control governance model. Allianz Capital Partners will invest 50 percent in the JV on behalf of Allianz insurance companies and the Allianz European Infrastructure Fund.
Allianz to invest in Portuguese gas distributor Galp Gás Natural Distribuição
Allianz Capital Partners on behalf of Allianz insurance companies and the Allianz European Infrastructure Fund has signed an agreement to purchase from Galp Energía S.A. a 75 percent stake in Galp Gás Natural Distribuição. GGND is a regulated distribution network with a length of over 13,000 km that is serving c.1.1 million households. Almost 95 percent of GGND's network consists of low-pressure polyethylene pipes.
Allianz again named world’s #1 insurance brand in Interbrand’s Best Global Brands Ranking
For the second consecutive time, Allianz has emerged as the top insurance brand in the world, according to Interbrand’s Best Global Brands Ranking. The positive news comes at an especially uncertain time for markets and industries across the globe, as they attempt to navigate the challenges of a worldwide pandemic.
With its creative design and easygoing mood, the office of the future blurs the line between work and play. Creative designs, vibrant colors, open and closed spaces, there's a lot changing in our workspaces...
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) announced changes to its Board of Management, which take effect in 2018. From July 1, 2018, Chief Operating Officer Sinéad Browne moves to a new Board-level role at AGCS, taking over from Chief Regions and Markets Officer, Carsten Scheffel, who retires from his role at the end of June.
Euler Hermes, the world’s leading trade credit insurer, has appointed Virginie Fauvel as Chief Transformation Officer as of January 15, 2018, and Head of the Americas region as of April 1, 2018. Once her nomination is approved by the Supervisory Board on February 9, 2018, she will also join the Board of Management of Euler Hermes as of April 1, 2018.
After years in the doldrums, global trade has finally caught a decent tailwind. After an increase of 4.3 percent this year global trade could expand by 3.9 percent in volume next year. This would represent an increase in value of 6.3 percent and 7.5 percent, projects Allianz.
Russian gross domestic product (GDP) is set to grow by 1.9 percent, the oil price will move to $56 per barrel, Russian exports are set to increase by $26 billion, and both insolvencies and the negative impact of international sanctions on investment will decline in 2018, forecasts Euler Hermes, the world’s leading trade credit insurer. With this background demand for trade credit insurance is set to grow.
Still wary of the stock markets after the global financial crisis, private investors are parking their funds in banks. But inflation and low interest rates are eroding their savings, warns the Allianz Global Wealth Report…
Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group.
Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America. Allianz becomes BIMA’s sole insurance shareholder and the largest strategic shareholder overall.
The new European identification, registration and data platform Verimi welcomes further support: Giesecke+Devrient (G+D), world market leader for the validation of payment transactions, identification, connectivity and data becomes a new shareholder.
How can we better understand the way climate change is shaping extreme weather events? And how do we foster resilience around the world against these risks by applying modern technological solutions? These questions were at the core of the first edition of the Allianz Climate Risk Research Award.
Allianz today launched its Global Explorer Program: a series of global and local partnerships, digital and physical activations and crowd-generated content platforms that calls out to curious minds around the globe to explore, connect and share how disruptive technologies can drive a more sustainable way of life for humans.
Allianz Global Investors (AllianzGI) and Allianz Capital Partners (ACP) announced today that they will join forces in order to extend the range of investment expertise available to AllianzGI’s broad global client base, strengthening further its offering in Alternatives. From January 1, 2018, ACP will become a discrete entity under the umbrella of AllianzGI.
Euler Hermes, the world’s leading trade credit insurer, today announced the French launch of TRIBRating, a new rating service specifically designed for SMEs and MidCaps, offered by Euler Hermes Rating.
The average cost of a major recall is $12 million – and the number of incidents is set to rise as new technologies add more complex layers to products, says a new report by Allianz Global Corporate & Specialty...
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