Euler Hermes announces an extension to the protective shield scheme

The global pandemic continues to create a volatile environment for the German economy, especially its many SMEs. So, last week’s announced extension of the protective shield is a welcome boost for businesses and welcome news for the German economy.

Euler Hermes: Successful extension of supply chain protection

The German government, Euler Hermes and other German credit insurers have jointly decided to extend their protective shield for the German economy by six months until June 30, 2021. The agreement is still subject to approval by the EU Commission.

Are pandemics insurable?

The magnitude and impact of the COVID-19 pandemic on businesses, regardless of size or location, cannot be underestimated. Mass closures due to lockdown restrictions have sent shockwaves through the economy and led to the number of business interruption-related damages to soar. As a result, insurers have come under fire. They argue that pandemics are not insurable and insurance cover cannot be provided. Allianz, however, is working on solutions for the future...

Life after Covid: The new normal

Earlier this year, the coronavirus outbreak forced most of us to participate in the world’s biggest remote working experiment. Allianz now plans to take the lessons learnt from the crisis to develop a New Work Model at the group...

8th Allianz Motor Day: The cyber risk of virtual car keys

Connected cars need to offer adequate protection from potential cyber risks, but at the same time they have to permit discrimination-free access to the vehicle’s data so that third parties can perform servicing. Just how complex that can turn out to be in practice was discussed by the experts at the 8th Allianz Motor Day on September 22, 2020, focusing on the example of the “virtual car key.” 

Earthquake and Fire Research Center in Turkey expands family of Allianz research centers

The family of Allianz Centers for Technology is growing. With the Allianz Teknik Earthquake and Fire Testing and Training Center in Turkey, three Allianz Group research centers are now available to support customers and society in loss prevention, improve products and processes, and increase the operational safety of systems and consumer goods.

Allianz Capital Partners' first global infrastructure fund reaches first close

Allianz Global Investors (AllianzGI) announced the first close of the Allianz Global Diversified Infrastructure Equity Fund (AGDIEF). The fund, which was launched earlier this year and is managed by Allianz Capital Partners (ACP), attracted commitments exceeding 600 million euros from institutional clients.

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.

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.