The latest news from the Allianz Group as well as images for use by the media
Dec 18, 2018
Allianz to acquire the largest subsidy free solar project in Portugal
Allianz Capital Partners, on behalf of Allianz insurance companies, has signed the acquisition of the 218.8 megawatt Solara project in Portugal. Construction works for Solara have already started. The commissioning of the project is planned for summer 2019. Solara is located in Southern Portugal, around 230 km south-east of Lisbon.
AREF II now fully invested with solar energy from France and Italy
Allianz Global Investors announces that the Allianz Renewable Energy Fund II (AREF II) has been fully invested within 24 months following the purchase of further photovoltaic plants in Italy and France. The issuing period for AREF II to European institutional investors began in March 2016 and closed for further investments on November 15, 2016.
Consortium including Allianz invests in Altice France's fiber to the home business
A consortium, including Allianz Capital Partners, OMERS Infrastructure and AXA IM - Real Assets, acting on behalf of its clients, has entered into an exclusivity agreement with Altice France to acquire a 49.99 percent stake in SFR FttH.
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...