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…

AGCS and Allianz Germany announce leadership changes

Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG have announced leadership changes that will take effect from December 1, 2019, subject to regulatory approval. Joachim Müller, currently CEO of Allianz Versicherungs-AG and of Allianz Beratungs- und Vertriebs-AG, will be appointed as the new CEO of AGCS.

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. 

Allianz Global Investors announces leadership changes

Tobias C. Pross, currently Global Head of Distribution, and Deborah Zurkow, currently Global Head of Alternatives, will succeed Andreas Utermann as CEO and Global Head of Investments, respectively. Andreas Utermann will be available to the leadership of the firm on an advisory basis for the first six months of 2020.

Allianz reports strong operating profit of 3.0 bn euros in 3Q 2019. FY operating profit outlook in upper half of target range

Allianz Group closed another successful quarter with a strong business performance. Dynamic revenue development and robust profitability in all business segments are evidence of our strategy execution and support our full-year outlook.

Allianz and Embry-Riddle Aeronautical University report: Flying has never been safer

Despite record numbers of over 4 billion passengers globally, statistics show that flying has never been safer. The global airline industry has experienced some of its safest years ever in terms of fatal accidents in recent times, according to the new “Aviation Risk 2020: Safety And The State Of The Nation” report by AGCS and Embry-Riddle Aeronautical University.

World in 2040: Home smart home

A house that maintains itself? It’s not a pipe dream. This might turn into a reality in 20 years. Tomorrow’s home is a 3D-printed, power-generating unit with robo housekeepers, virtual assistants and hi-tech security, predicts noted futurologist Ray Hammond...