Allianz completes transaction to sell its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC)

Allianz Group announced today the completion of the disposal of its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC), a multiline regional insurance provider based in the United Arab Emirates and listed on the Abu Dhabi Stock Exchange.

AllianzGI receives approval to commence wholly foreign-owned public fund management business in Mainland China

Allianz Global Investors (AllianzGI), a leading active investment manager, announced today that it has obtained approval from the China Securities Regulatory Commission (CSRC) to operate as a wholly foreign-owned public fund management company (FMC) in mainland China. The approval underscores AllianzGI's commitment to the mainland Chinese market and providing onshore investors with access to its global investment expertise.

How are Allianz employees playing a role in the Olympics?

Ahead and during the Games, Allianz employees globally can get involved in the Olympics, be it as active participants or spectators. More than 500 colleagues from 16 Allianz entities will be volunteering at Paris 2024 in a variety of roles, while 2000 colleagues across 30 entities ordered tickets to cheer the athletes in person.

A passion and profession

Eike Bürgel has led the Olympic and Paralympic Program at Allianz since 2018. We recently asked her about the benefit of this partnership for the Allianz brand, people, and business, and she shared the sports discipline she’s most excited about

Survey Reveals Loss of Trust but High Expectations for US-German Partnership

“The State of Trust and the US-German Partnership: A Transatlantic Survey” conducted in March 2024 finds Americans and Germans are less confident in the partnership and its future than they were two years ago. Trade, common interests, and military alliance remain bedrocks of transatlantic partnership’s foundation.

How savers fared: strategies and outcomes across the Euro zone

A new report from Allianz Research compares the saving strategies of households across countries and generations in the euro zone to see how savers fared. European savers have emerged from the crises of the last two decades in surprisingly good shape, almost doubling their financial assets.

AGCS to focus on U.S. Large Corporate and Specialty insurance with sale of U.S. MidCorp and Entertainment businesses to Arch Insurance North America

Allianz Global Corporate & Specialty SE (‘AGCS’) to sell its Fireman’s Fund insurance businesses in the United States to Arch Insurance North America for total transaction value of $1.4 billion / AGCS will continue to leverage its competitive advantages in the strategically important U.S. insurance market through its Large Corporate and Specialty business as part of its Allianz Commercial strategy

Baltimore bridge collapse and shipping safety

The tragic collapse of Baltimore’s Francis Scott Key Bridge in the US after it was hit by a container ship, the Dali, has made headlines around the world. In this Q&A, Allianz Commercial Global Head of Marine Risk Consulting, Captain Rahul Khanna, who sailed on oil tankers and bulk carriers for 14 years, explains that while such incidents are thankfully rare, the fact that ships are getting bigger can make a number of different events more complicated when they do occur. (Photo source: https://www.fbi.gov/contact-us/field-offices/baltimore/news/fbi-baltimore-statement-on-francis-scott-key-bridge-collapse)

Lights, camera, action: Navigating the economic landscape

Delve into Allianz Research's new Economic Outlook for 2024-25, presenting a detailed analysis of the global economy's trajectory. This report offers a glimpse into anticipated growth rates, the strategic direction of central banks, and the evolving dynamics of global trade. With emerging markets at a crossroads and inflationary pressures under scrutiny, discover the key factors poised to influence economic trends. Gain essential insights into the unfolding economic landscape.