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Aug 05, 2020

Allianz achieves 2.6 billion euros operating profit in 2Q 2020

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to -7.7 percent in the second quarter of 2020, mostly driven by the Life/Health business segment. Total revenues decreased 6.8 percent to 30.9 billion euros in the second quarter of 2020.

Jul 28, 2020

Economic outlook: Rocky road to recovery

Both the human and the economic cost of the coronavirus pandemic have been huge. As countries and communities pick up the pieces, Allianz economists take stock of the effect of the Covid-19 crisis on the global economy...

Jul 20, 2020

The insolvency time bomb: prepare for a record-high increase in insolvencies, the collateral damage of the Covid-19 crisis

The Covid-19 crisis will trigger a major acceleration in business insolvencies due to both the suddenness and historic size of the economic shock and its expected lasting effects, according to a new study by Euler Hermes, the world’s largest trade credit insurer.

Jul 15, 2020

AGCS Safety and Shipping Review 2020: Covid-19, political tensions cloud horizon

Large shipping losses are at a record low, according to Allianz Global Corporate & Specialty SE’s Safety & Shipping Review 2020. However, the coronavirus crisis could endanger the long-term safety improvements in the industry for 2020 and beyond.

Jul 10, 2020

Allianz completes acquisition of automobile and other Property-Casualty business from SulAmérica

Allianz has closed the acquisition of the automobile and other Property & Casualty business from SulAmérica. This follows the announcement of the deal on August 23, 2019. The transaction enlarges the service offering for customers and grows Allianz’s geographical footprint in Brazil.

Jul 07, 2020

AllianzGI and Virtus Investment Partners announce strategic partnership in U.S. retail market

Allianz Global Investors and Virtus Investment Partners Inc announced they have agreed to a strategic partnership that will focus on enhancing both firms’ growth opportunities with Virtus representing AllianzGI’s compelling investment strategies in the U.S. retail market to existing and potentially new clients.

Jul 01, 2020

Allianz Global Corporate & Specialty SE embarks on global transformation program

Under its new leadership, Allianz Global Corporate & Specialty (AGCS), the industrial insurer of Allianz Group, announces a comprehensive transformation program, “New AGCS”, to regain profitability and market leadership in the corporate and specialty insurance segment.

Jul 01, 2020

Insurance Outlook 2020: A Lost Year

Coronavirus will keep the insurance industry in weak health this year. But the pandemic could accelerate emerging trends in the industry. Digitalization, ESG and Asia are some keywords to watch, says the latest Allianz Global Insurance Report...

Jun 15, 2020

The EV-olution of Mobility

That electric vehicles are the future of mobility is not even a debate anymore. But new technologies seldom come without new challenges. What risks will these harbingers of green mobility bring our way? In a new report, Allianz Global Corporate & Specialty explores the risks and rewards of electric vehicles... 

63 releases in total