Allianz Global Pension Report: Old Without Gold

It’s neither as sudden, nor as visible, as the Covid-19 pandemic. But a pension crisis will be no less painful if we don’t prepare for the upcoming demographic changes worldwide. The latest Allianz Global Pension Report tests the adequacy and sustainability of pension systems across the globe...

Allianz and Lime jointly address safety needs in micromobility industry

Lime, the global leader in shared smart mobility solutions, and Allianz, via its Allianz Partners entity dedicated to assistance and insurance solutions, have entered into a global strategic partnership focused on improving the safety of micromobility. Together, Lime and Allianz have launched a comprehensive insurance program that automatically provides Lime riders with two types of insurance: Personal Accident Insurance, and Liability Insurance, at no extra cost.

Euler Hermes study: Coronavirus pandemic leads to a worldwide wave of insolvencies of +20 percent

The coronavirus pandemic is leaving deep scars on the global economy. According to Euler Hermes, this will likely to lead to a deep recession in world trade and the global economy – and consequently to a wave of insolvencies worldwide. Globally, the number of insolvencies is therefore likely to rise for the fourth time in succession in 2020 – albeit at an unprecedented rate of +20 percent.

Catharina Richter to lead Allianz Cyber Center of Competence

Effective June 1, 2020, Dr Catharina Richter will be appointed Global Head of Cyber Center of Competence for Allianz Group. The Cyber Center of Competence (CoC) coordinates and steers cyber risk underwriting and governance across Allianz Group and is embedded into Allianz Global Corporate & Specialty (AGCS).

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?

Allianz reports 2.3 billion euros operating profit in 1Q 2020

The COVID-19 induced turmoil in the financial markets and a slowing economy have clearly aggravated busi-ness conditions for the financial services industry. However, Allianz with its well-diversified business portfolio and a robust balance sheet is well prepared to manage the Corona crisis and has achieved good results in the first quarter of 2020.

Allianz withdraws profit target for 2020

On the basis of the preliminary results for the first quarter 2020 Allianz Group expects an operating profit for 1Q of 2.3 billion euros (1Q 2019: 3.0 billion euros) and a shareholder’s net income for 1Q of 1.4 billion euros (1Q 2019: 2.0 billion euros). 

Allianz and BBVA to form long-term bancassurance joint venture in Spain

Allianz and Banco Bilbao Vizcaya Argentaria have signed an agreement to create a bancassurance joint venture in Spain including a long-term exclusive distribution agreement for the sale of property-casualty insurance products through BBVA’s banking network in Spain.

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...