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Latest news

Apr 18, 2024

Allianz Global Investors (AllianzGI), a leading active investment manager, announced today that it has obtained approval from the China Securities Regulatory Commission (CSRC) to operate as a wholly foreign-owned public fund management company (FMC) in mainland China. 

Apr 18, 2024

Allianz Group announced today the completion of the disposal of its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC), a multiline regional insurance provider based in the United Arab Emirates and listed on the Abu Dhabi Stock Exchange.

Apr 15, 2024

“The State of Trust and the US-German Partnership: A Transatlantic Survey” conducted in March 2024 finds Americans and Germans are less confident in the partnership and its future than they were two years ago. Trade, common interests, and military alliance remain bedrocks of transatlantic partnership’s foundation.
Company
Allianz once again named the world’s #1 insurance brand in Interbrand’s Best Global Brands Ranking

For a 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.

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.

Studies
An age-old, old-age problem: How financial advisors can help close the racial wealth gap

Making sure you are financially prepared for retirement is one of the most important steps you can take to protect both yourself and your family – and it is a step best taken early. Unfortunately, a recent U.S. study suggests that many People of Color may not be ready for the time after they stop working.

Allianz: How Covid-19 is changing claims trends and risk exposures for companies and their insurers

The Covid-19 pandemic is one of the largest economic loss events in history for companies and insurers alike. Claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of the pandemic, according to a new report Covid-19 – Changing Claims Patterns from AGCS...

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...

Financials
BBVA Allianz Seguros begins operations in Spain

BBVA Allianz Seguros, the bancassurance joint venture between Allianz Seguros and BBVA announced in April of this year, begins its operations in Spain. The new venture combines BBVA's banking expertise and distribution capacity in physical and digital channels with Allianz’s innovative, simple and digital non-life insurance solutions.

Allianz agrees to purchase Westpac’s General Insurance business

Allianz today announced it has agreed to purchase the general insurance business of Westpac, and enter into a new 20-year exclusive agreement for the distribution of general insurance products to Westpac customers.

Allianz achieves 2.9 billion euros operating profit in 3Q 2020

After a short period of economic recovery, the recent increase in infection rates has led many governments to intensify containment measures again to limit the spread of COVID-19. As the challenging socio-economic conditions persist, Allianz Group demonstrated its resilience again in the third quarter of 2020 and recorded a solid performance in all business segments nine months into the year.

Commitment
Asset Owner Alliance: Towards Net-Zero 2050

The UN-convened Net-Zero Asset Owner Alliance (AOA), of which Allianz is a founding member, has set its first target range for portfolio decarbonization until 2025. What role does this alliance aim to play in the world economy and what is the way forward?

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...  

Business
Euler Hermes announces an extension to the protective shield scheme

The global pandemic continues to create a volatile environment for the German economy, especially its many SMEs. So, last week’s announced extension of the protective shield is a welcome boost for businesses and welcome news for the German economy.

Euler Hermes: Successful extension of supply chain protection

The German government, Euler Hermes and other German credit insurers have jointly decided to extend their protective shield for the German economy by six months until June 30, 2021. The agreement is still subject to approval by the EU Commission.

Are pandemics insurable?

The magnitude and impact of the COVID-19 pandemic on businesses, regardless of size or location, cannot be underestimated. Mass closures due to lockdown restrictions have sent shockwaves through the economy and led to the number of business interruption-related damages to soar. As a result, insurers have come under fire. They argue that pandemics are not insurable and insurance cover cannot be provided. Allianz, however, is working on solutions for the future...

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