As the title sponsor of DRL’s race circuit, Allianz will leverage its motor racing heritage to bring the “Sport of the Future” to a rapidly growing world-wide audience. The Allianz World Championship 2017 series will consist of six races to be aired in over 75 countries starting in June.
Since its launch in October 2016, the Blockchain Insurance Industry Initiative B3i has gained broad attention across the industry and beyond. In the meantime, 10 additional insurance and reinsurance companies have decided to join, giving the initiative a truly global scope with members from Asia, Europe and the Americas.
Allianz has agreed to acquire the remaining 33.5 percent stake in Allianz Irish Life Holdings plc (AILH) not already owned by Allianz Group. Allianz aims to increase its stake in AILH from 66.5 percent currently to 100 percent.
Allianz and MUFG, one of the world’s leading financial groups, have together invested tax equity in the Great Western wind park developed and owned by EDF Renewable Energy (EDF RE), one of the leading wind project developers in the United States.
Allianz Global Investors announced on Tuesday that the Allianz Renewable Energy Fund 2 (AREF2) has added three British solar parks to its portfolio. The three solar parks are located in Cambridgeshire, Worcestershire and Norfolk.
We’ve been told time and again to not ‘put all our eggs in one basket’. Yet, many Europeans are found wanting when it comes to financial literacy and an understanding of risk concepts, finds an Allianz study...
Allianz has invested tax equity in the Kelly Creek wind project developed and owned by EDF Renewable Energy (EDF RE), one of the leading wind project developers in the United States. Allianz is the sole tax equity partner in the project.
Cybersecurity and related issues are fast emerging as the biggest risk for companies, believe risk experts in Germany and the United Kingdom, showed the 6th annual Allianz Risk Barometer released by Allianz Global Corporate & Specialty SE (AGCS) on Wednesday.
Allianz has successfully concluded the sale of Allianz Life Insurance Korea to Anbang Group Holdings. The transaction, announced in April, followed an extensive review by Allianz to secure long-term growth for Allianz Life Insurance Korea
Allianz is co-financing a pan-European property portfolio facility that was arranged and underwritten by Aareal Bank AG. Allianz’s share in this financing, which totals €610 million, amounts to €366 million and is granted for a 10-year term
Allianz will be the new insurance partner of HypoVereinsbank (UniCredit Bank AG) from January 1, 2018. From 2018, retail and corporate customers of HypoVereinsbank will be able to benefit from the broad range of products and services from Allianz
Quad Gas Group, a consortium of long-term infrastructure investors, today announces that it has entered into an agreement with National Grid plc to acquire a 61 percent shareholding in its four regulated gas distribution networks.
At its December meeting the European Central Bank (ECB) announced that it would be extending its bond purchasing program until at least the end of 2017. From April next year the monthly purchase volume is to be reduced to EUR 60bn from EUR 80bn at present. All told, this boosts the QE program by EUR 540bn to EUR 2.28 trillion. Should inflation remain below expectations in the coming months, the ECB has kept its options open to up the monthly purchase volume as well as extend the time horizon.
Claus Stickler and Andreas Gruber will co-lead AIM as Managing Directors. The new management set-up for AIM is to integrate even more tightly all functions and international locations, to strengthen project work and global teams
Allianz Group, Europe’s largest insurer and asset manager, saw operating profit in the third quarter rise 18.2 percent to 2.9 billion euros, driven by contributions from all business segments. The Life and Health segment produced the strongest results with contributions from all large operating entities.
Allianz Group and International Finance Corporation (IFC), a member of the World Bank Group, today have signed a partnership under the Managed Co-Lending Portfolio Program. Under the agreement, Allianz intends to make an investment of $500 million which will be co-invested alongside IFC debt financing for infrastructure projects in emerging markets worldwide.
First global interfaith conference on ‘Sport and Faith’ opens at the Vatican tomorrow. Oliver Bäte, CEO Allianz, holds keynote at opening ceremony. Founding partner Allianz has established the global Humanity Sports Club to reach out to youth, foster social inclusion.
What do an Oscar winner, a frontrunner in travels to Mars and an international insurance corporation have in common? It’s the enthusiasm for innovation and creativity, as represented at the founders fair Bits&Pretzels in Munich, where start-ups pitched their most recent ideas and more than 5,000 participants connected with an exciting community.
One of the paradoxes of the findings of this year’s Global Wealth Report is that while people are saving more, their assets are growing less. At least in most of the countries reviewed. Here’s a region-by-region look at the financial successes and challenges facing the world’s households.
Public-run infrastructure projects running over budget has become almost cliché. But what if they were outsourced to the private sector? Allianz chief investment officer Andreas Gruber gives his insights on the benefits and risks of public-private partnerships.
Today OMV, the international integrated oil and gas company based in Vienna, OMV Gas & Power GmbH (OGP) and the Consortium composed of Allianz, Europe´s largest insurer, and Snam S.p.A., Italy’s gas infrastructure operator, signed an agreement for the sale and purchase of a 49% minority stake in Gas Connect Austria GmbH (GCA).
Marked slowdown in asset growth in 2015 / Asia (excl. Japan) the one – and only – dynamic region / Households in industrial countries still wary of new debt – low interest rates notwithstanding / German savers “giveaway” EUR 200bn / Global inequality declining but in many industrial countries gains go mainly to the happy few at the top
As leaders from the world’s wealthiest countries gather in China for the G20 Summit, Mohamed A. El-Erian and Michael Heise face off over China’s rising economic power. This is the second part of a two-part series.
As leaders from the world’s wealthiest countries gather in China for the G20 Summit, Mohamed A. El-Erian and Michael Heise face off over China’s rising economic power. This is the first part of a two-part series.
The “Internet of Things” is a part of the “Industry 4.0” movement which makes up the fourth industrial revolution, the age of digital power. Connecting production and products to automation and data exchange opens up new business areas for traditional suppliers. The insurance sector is taking part in this transformation.
Allianz in Asia Pacific posted healthy operating profit in the first half of 2016, demonstrating portfolio resilience and strength in its core distribution channels, even as market conditions continued to be challenging. The business delivered underlying operating profit of € 134 million, in line with the previous year. This excludes the one-off impact from the expected sale of Allianz’s South Korean business.
The Atlantinc hurricane season starts in June and lasts until end November. Dr. Sarah Abelen from Natural Catastrophe Risk Management at Allianz Global Corporate & Specialty (AGCS) explains the major risks.
Global partnership aims to give young people better opportunities, skills and networks / Allianz employees run 34 times around the world at the first Allianz World Run to raise money for 12 SOS children's villages, setting a new world record / The partnership is part of Allianz' "Encouraging Future Generations" program and is designed to promote social inclusion.
From May 2 to July 30, Allianz hosted the “Allianz World Run”, the biggest global running event ever staged. 52 teams from all across the Allianz world and different business entities kept on running, collecting mile after mile after mile.
The after-effects of the failed coup will add further uncertainties to Turkey’s already fragile political environment, which has been steadily deteriorating in recent years. Michael Heise, Allianz Chief Economist, shares his opinion.
Allianz Austria becomes the naming-rights partner of the Allianz Stadion until 2026. Host SK Rapid Wien wins against Chelsea FC by 2:0 at the sold-out opening ceremony. Allianz now holds naming rights of six stadiums worldwide.
Emmanuel (Manny) Roman (52) will become Chief Executive Officer at Pacific Investment Management Company LLC (PIMCO), an Asset Management subsidiary of Allianz, as of 1 November 2016. He will take over responsibilities from Douglas (Doug) Hodge (58), who steered PIMCO through a phase of rapid change.
Allianz Real Estate Germany has sold a group of 9 office buildings to one of the institutional funds managed by Patrizia Immobilien AG. Objects in Duesseldorf, Frankfurt, Hamburg, Hannover, Munich and Stuttgart are involved.
The conference will host 150 leaders from faith and sport at the Vatican this October. The aim is to discuss how faith and sport can work together to improve lives. As founding partner Allianz will also help support a global movement to encourage youth to adopt the conference principles.