Allianz Economic Outlook: Temperamental 2020

The decade has changed, the challenges have not. But some of the pain of the past couple of years may be easing. In its economic outlook for 2020, Allianz Research lists its top 10 expectations from the year...

Allianz Risk Barometer 2020: Cyber top peril for companies globally for the first time

For the first time ever, Cyber incidents (39 percent of responses) ranks as the most important business risk globally in the ninth Allianz Risk Barometer 2020, relegating perennial top peril Business interruption (BI) (37 percent of responses) to second place. Awareness of the cyber threat has grown rapidly in recent years, driven by companies’ increasing reliance on data and IT systems and a number of high-profile incidents.

Euler Hermes Global Insolvency Index: Insolvencies to rise in 4 out of 5 countries in 2020

Global bankruptcies are still on the rise, implying higher export risks: this is the conclusion of the latest Global Insolvency Report by Euler Hermes, which covers 44 countries and 87 percent of global GDP and provides the last update of its Global Insolvency Index.

Allianz completes purchase of LV GIG and General Insurance division of Legal & General

Allianz Holdings plc has completed the planned acquisition of the remaining 51 percent of the LV General Insurance Group (LV GIG) from Liverpool Victoria Friendly Society (LVFS). The total consideration by Allianz for 100 percent of LV GIG will be up to 1.078 billion pounds.

Allianz Global ESG Report: The cost of survival

Successes rarely come without sacrifices. As urgency builds around the topic of climate change, industries will have to transition to more sustainable operations. What will be the overall cost? Allianz Global ESG Report makes some predictions...

Allianz X and Debeka invest in SDA SE Open Industry Solutions

Allianz X, the digital investment unit of the Allianz Group, and Debeka, a German insurance and financial services provider, have invested in SDA SE Open Industry Solutions. Together with existing investors SIGNAL IDUNA and the msg group, the new strategic partners will support the development of a new standard for setting up and delivering digital services in the insurance industry.

Global trade: Is the worst over?

As it gets ready to exit, 2019 might take with it the dubious honor of being the worst year this decade in terms of global trade growth. But despite the U.S.-China saga being far from over, trade growth could tick up next year, predicts Allianz Research in its latest Global Trade Report…

Allianz partners with Microsoft to digitally transform the insurance industry

Allianz SE and Microsoft Corp have announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and their customers. Through the strategic partnership, Allianz will move core pieces of its global insurance platform, Allianz Business System (ABS), to Microsoft’s Azure cloud and will open-source parts of the solution’s core to improve and expand capabilities.

Allianz receives regulatory approval to commence operation of China’s first fully foreign-owned insurance holding company

Allianz has received the approval from the China Banking and Insurance Regulatory Commission (CBIRC) to commence operation of China’s first fully foreign-owned insurance holding company. With this, Allianz will strengthen its proposition in the country and position the business to capitalize on the fastest growing economy in the world.