Allianz France and CNP Assurances announce the transfer of Allianz France’s savings contract portfolio to CNP Assurances

CNP Assurances and Allianz France announced today that they have finalized a transfer of savings contracts from Allianz France to CNP Assurances. The transfer comprises more than 20,000 life insurance and capitalization policies for total assets of 2.1 billion euros.

The (Back) Book of Life

Everyday life is evolving with time. So is life insurance With the Solvency II directive changing the way insurers set aside capital reserves for products, capital-efficient offerings are the way forward The combination of high guaranteed annuity rates, longevity improvements, together with the low interest rate environment and a lack of very long dated assets make these products the most complex to manage

Coronavirus: Doctors on Call

Covid-19 is taking many victims and burdening the healthcare systems globally. Telehealth, the digital delivery of medical services and information, could help ease some of the stress on both patients and doctors in these tough times...

Dr. Allianz makes house calls
Dr. Allianz makes house calls

Allianz's new digital doctor improves customers service and lowers cost.

“What really matters is the total return”
“What really matters is the total return”

On May 27 the German Federal Ministry of Finance published a new draft pensions package which provides for a reduction in the guaranteed interest rate for life insurance policies with effect from January 1, 2015. What should customers do now? We asked Alf Neumann, Member of the Board of Allianz Leben

Allianz signs 10-year life insurance distribution agreement with HSBC in continental Europe
Allianz signs 10-year life insurance distribution agreement with HSBC in continental Europe

Allianz SE and HSBC Bank plc have signed a 10-year bancassurance distribution agreement through which HSBC Group companies will distribute Allianz life insurance and pension products in Turkey and other countries in continental Europe as may be agreed.

Allianz signs 10-year exclusive life insurance distribution agreement with HSBC in Asia
Allianz signs 10-year exclusive life insurance distribution agreement with HSBC in Asia

Allianz and HSBC announced today that they have signed a 10-year exclusive bancassurance distribution agreement for life insurance in Asia. Allianz life insurance products will be distributed by HSBC in China, Indonesia, Malaysia, Australia, Sri Lanka and Taiwan1.Life insurance products will be provided by strategic partners of Allianz in Brunei and the Philippines. The upfront cash consideration by Allianz amounts to USD 100.5 million (EUR 77 million).

 

Allianz Life Korea's Call Center awarded

Koreans have set the bar high for call center performance: the average response ratio within 20 seconds amongst high performing competitors in life industry is about 90% and outperformed by Allianz Life Korea (AZLK) with 96%. Also, AZLK's welcome call ratio is 99%, a comfortable lead over peers' 92%.

Allianz Worldwide Care in major recruitement drive 

Allianz Worldwide Care has announced a major recruitment drive that will see 50 new positions created in Ireland by the international health insurer. This means that the company will have created 150 new jobs over the course of the last 12 months.