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.

Allianz and Telefónica create a partnership to deploy fiber in Germany through an open wholesale company

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 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.

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?

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.

Life after Covid: The new normal

Earlier this year, the coronavirus outbreak forced most of us to participate in the world’s biggest remote working experiment. Allianz now plans to take the lessons learnt from the crisis to develop a New Work Model at the group...

Allianz has more than 100 wind and solar parks with its first investments in Poland

Allianz Capital Partners on behalf of Allianz insurance companies (“Allianz”) has closed the acquisition of its first renewable energy installations in Poland from ENERTRAG, consisting of nine sites split into two projects, Dargikowo and Karlino. With these additions, Allianz now owns more than 100 wind and solar parks.

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...

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.