Insurance 2029: Outlook & Opportunities

As digitalization changes the insurance landscape, risk prevention, and not risk management, will be key for the industry in the future. What other trends are foreseen for the coming decade? Allianz Research spots a few and provides a 10-year outlook for the industry.

Allianz X and Power Financial Corporation co-invest C$100 million in Wealthsimple

Allianz X, the digital investment unit of the Allianz Group, and Canada-based Power Financial Corporation, a financial management and holding company, announced that they will invest C$100 million in Wealthsimple, a financial technology company that offers Canada's leading online investing service and commission-free trading app.

Allianz X to acquire Finanzen.de

Allianz X, the digital investment unit of the Allianz Group, announced that it will acquire Finanzen.de, a leading European B2B online marketplace for high-value consumer traffic in the insurance and financial services sectors. Headquartered in Berlin, Finanzen.de uses a proprietary platform to connect lead generators and buyers in real-time.

Allianz reports operating profit of 3 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent.

Allianz X co-leads a Series B investment in major African ride hailing platform SafeBoda

Allianz X, the digital investment unit of the Allianz Group, announced an investment in SafeBoda, based in Kampala, Uganda. SafeBoda is a major African ride hailing platform that also offers various on-demand consumer and payment services.

Allianz to invest in Czech gas distribution network GasNet

Allianz Capital Partners (ACP) on behalf of Allianz insurance companies has, in a consortium led by Macquarie Infrastructure and Real Assets (MIRA), reached an agreement to purchase a stake in GasNet. MIRA, which currently holds a 49.96 percent stake indirectly in GasNet, has exercised contractual pre-emption rights over the remaining 50.04 percent stake currently owned by RWE.

Allianz and Sri Ayudhya Capital PCL complete expansion of strategic partnership in Thailand

Allianz and Sri Ayudhya Capital PCL have completed the expansion of their strategic partnership in Thailand, ensuring a stronger insurance franchise focused on meeting the diverse and growing protection needs of local customers and enhancing the Allianz proposition in the region.

Sites for sore eyes

Many hearts broke as the Notre Dame burned. But fire isn’t all that’s posing a risk to UNESCO world heritage sites. What is? And what can insurers do to protect these sacred sights?  

Car Wars: E-dvantage China

Mean to green, machines have come a long way in taking us from one place to another. As electric vehicles herald the future of automobiles, which countries are ahead in the race for green mobility and why?