Allianz global claims analysis: Fires and explosions cause largest losses for business

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 receives CBIRC approval for preparatory establishment of China’s first fully-owned foreign insurance holding company

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.  

Water coming over the road during a hurricane
Worst Case

Hurricane Florence has been downgraded to a Category Two storm, but people should still be prepared for severe damage, says AGCS…

Danger Warning
Danger Warning

Although Hurricane Florence is losing strength approaching landfall, Allianz warns the dangers should not be underestimated...

Allianz Partners to further boost innovation with four Innovation Centers
Allianz Partners to further boost innovation with four Innovation Centers

Leveraging its knowledge and expertise in assistance, automotive, health and travel protection, Allianz Partners further embraces technological disruption and redefines insurance by establishing three new innovation centers focusing on travel, health and assistance, following the success of its pioneering Automotive Innovation Center, launched in 2014.

California Wildfires 2018: Reign of Fire
Reign of Fire

Wildfires in California have burnt through 820,000 acres so far this year. As the U.S. state battles the blaze, is it time to accept that bigger and more frequent wildfires are the new normal?

Allianz and StreetScooter enable business customers to start e-mobility with ease
Allianz and StreetScooter enable business customers to start e-mobility with ease

Allianz and StreetScooter now enable business customers to start into electric mobility with greater ease. Allianz is offering third-party liability and comprehensive insurance for vehicles from StreetScooter GmbH, a subsidiary of the world's leading logistics provider Deutsche Post DHL Group. 

Aviation accidents: Top causes of damages at Germany's airports
Aviation accidents: Top causes of damages at Germany's airports

The holiday season means Germany's airports are becoming much busier. Consequently accidents on the tarmac, in the airport building or in the parking garages are not uncommon, as an analysis by Allianz Global Corporate & Specialty (AGCS) reveals. As one of the largest airport insurers in Germany, AGCS surveyed loss events at the country's airports in 2017. The result – it is vehicles like baggage trolleys, not aircraft, which are at particular risk on the tarmac. However, passengers should also be wary.

Euler Hermes announces new financing support for exporting SMEs through Credable
Euler Hermes announces new financing support for exporting SMEs through Credable

Euler Hermes, the world’s largest trade credit insurance company, is revolutionizing the market with a brand new concept: offering individual invoice insurance to SMEs. Sweden’s exporting SMEs can now assess the credit worthiness of potential business partners in 24 European countries and protect their payments online in less than two minutes.