Allianz and American Tower Corporation (NYSE: AMT) announced that Allianz Capital Partners on behalf of Allianz insurance companies (“Allianz”) and the Allianz European Infrastructure Fund will acquire a 10 percent stake in ATC Europe, joining Caisse de dépôt et placement du Québec (CDPQ) in a long-term strategic partnership with American Tower.
In fits and starts, the wheels of the global economy are beginning to turn again. But will the grand reopening also be great? Patchy, more like it...shaped by vaccine security, regional politics, the use of excess savings and supply-side bottlenecks, among other factors. In its latest economic outlook, Allianz Research identifies some likely trends this year.
The insurance industry weathered the Covid-19 storm with more resilience, says the latest Allianz Global Insurance Report. The post-Covid-19 landscape will open up new opportunities as growth is expected for both the insurance industry and the global economy.
Allianz has had an excellent start into 2021 and continued to successfully navigate the impact of the ongoing pandemic. The group saw a strong performance across all its business segments, with a marked rebound in profitability in its Property-Casualty, as well as in its Life/Health business segment.
Financial institutions and their directors have to navigate a rapidly changing world, marked by new and emerging risks driven by cyber exposures based on the sector’s reliance on technology, a growing burden of compliance, and the turbulence of Covid-19, according to a new report 'Financial Services Risk Trends: An Insurer’s Perspective' from Allianz Global Corporate & Specialty (AGCS).
With the lifespan of skill sets shortening, companies must constantly reskill and upskill their workforce to meet the rapidly-changing needs and wants of customers. What skilling initiatives are under way at Allianz? The latest Allianz People Fact Book offers some insights...
Allianz, one of the world’s leading insurers and asset managers has become the majority shareholder in Jubilee General Insurance Limited in Kenya. This follows the acquisition of a 66 percent stake in the company, representing 1,522,622 ordinary shares, from Jubilee Holdings Limited (JHL), East Africa’s largest insurance group who are retaining a 34 percent shareholding in the company.
Allianz Group has released its 20th Sustainability Report, outlining its environmental, social and corporate governance achievements in fiscal year 2020, as well as its sustainability strategy and targets. In the coming years, the company plans to further embed environmental and social criteria in its business strategy, product development and marketing.
A survey commissioned by Allianz into the impact of the COVID-19 pandemic on respondents’ sense of security in five European countries has revealed inequality in the perceived repercussions of the pandemic across the dimensions of gender, age, and the extent to which a country was impacted by the virus.
