As digitalization changes the insurance landscape, risk prevention, and not risk management, will be key for the industry in the future. What other trends are foreseen for the coming decade? Allianz Research spots a few and provides a 10-year outlook for the industry.
Allianz Africa launched the transformation of its core IT Platform with the introduction of the Allianz Business System (ABS). The system was adapted for the African market and is now operational in Ghana for motor insurance products. ABS was developed by the Allianz Group with customer centricity at its core.
Allianz Global Investors (AllianzGI) announced the launch of the Allianz European Infrastructure Fund S.A. – RAIF (AEIF), which, for the first time, allows institutional investors to access the deep infrastructure investment experience of Allianz Capital Partners (ACP).
Cyber risks and the impact of new technologies will have an increasing influence on the corporate loss landscape in years to come. However, it is fire and explosion incidents that cause the largest claims for insurers and the businesses they cover, according to new research from Allianz Global Corporate & Specialty (AGCS).
Allianz today announced that it has received approval from the China Banking and Insurance Regulatory Commission (CBIRC) for the preparatory establishment of an insurance holding company in China. The company - Allianz (China) Insurance Holding Company Limited - will be China’s first-ever wholly-owned insurance holding company by a foreign insurer, and will be based in Shanghai.
Other than unclogging traffic in megacities, can autonomous vehicles end road deaths? Jon Dye, the head of motor insurance at Allianz UK, believes it’s a potential solution but some basics need to be covered first...