Allianz Partners offers ticket cancellation insurance for Paris 2024 Paralympic Games ticket sales across 28 markets

Allianz Partners has joined forces with Paris 2024 and offers event ticket cancellation insurance during the official Paris 2024 Paralympic Games ticket sales starting from October 9, 2023. The event ticket cancellation insurance can be added to the shopping cart together with event tickets by the fans. The offering is available in 27 countries across the European Union and Switzerland.

Offshore windfarm Hollandse Kust Zuid inaugurated

Dutch King Willem-Alexander jointly with the board members of Allianz, Vattenfall, and BASF officially inaugurated Hollandse Kust Zuid 1-4, one of the largest offshore wind farms in the world / The fossil free electricity generated from Hollandse Kust Zuid is expected to equal the consumption of 1.5 million households / Hollandse Kust Zuid 1-4 is Allianz´s first direct offshore wind investment

Oliver Bäte, Allianz CEO, addresses United Nations Climate Ambition Summit

Yesterday (Sep 20, 2023), leaders from 34 governments along with seven non-government bodies, including Californian governor Gavin Newsom, London mayor Sadiq Khan, the World Bank president, the Chief Executive of insurer Allianz, and the head of the UN’s Green Climate Fund, addressed the summit.

Offshore windfarms: Making a difference at a large scale

Michelle Rühl , Senior Investment Manager at Allianz Investment Management and Cristina Rotariu, Transactions Director at Allianz Capital Partners worked successfully together on making the Hollandse Kust Zuid 1-4 (“HKZ”) offshore wind farm part of the Allianz green investment portfolio, together with BASF and Vattenfall.

Offshore wind industry poised for growth, but economic pressures and tech innovation need to be managed

In its new report, ‘A turning point for offshore wind’, Allianz Commercial highlights growth opportunities, tech innovations, risk trends, and loss patterns for the global industry. / Damage to cables is the top cause of insurance claims, followed by turbine failure. / Speed of build-out is creating pressure on materials and supply chains, port infrastructure, and available construction and maintenance vessels. / Bigger turbines and new technology drive bigger exposures for insurers which need to be understood in partnership with developers. / Weather and natural catastrophe risks are increasing as sector expands into new territories.

A better view on natural hazard risk

Hailstorms across the Alpine region that shattered roofs and cars, heavy rainfall throughout Europe flooding homes and a devastating earthquake in Morocco – this summer has seen its fair share of natural disasters that led to severe damages of peoples’ property. But what if we could offer an individually tailored view on natural hazard risk to homeowners and support them in perhaps preventing some of the damage that floods, storms, wildfires and earthquakes can bring?

“In a changing climate, the role of insurance will have to be much bigger”

Nicola Ranger, Leader, Resilience and International Development Program at the Environmental Change Institute; and Executive Director for Oxford Martin Systemic Resilience Program, and Sibylle Steimen, Managing Director Advisory & Services at Allianz Re, make a case for putting more focus on climate resilience. In their view, the public discussion needs to center more on investing in adaptation measures to reduce the physical risk of climate change.

Allianz announces first net-zero transition plan with 2030 intermediate targets for core business segments

Allianz is publishing its first comprehensive net-zero transition plan, which substantiates the company’s long-term strategic climate commitment to achieve net-zero emissions by 2050 in its proprietary investment and P&C underwriting portfolios and already by 2030 within its own operations.

Allianz raises its climate ambitions further: Intermediate 2030 decarbonization targets

Allianz has launched a Net-Zero Transition Plan detailing 2030 intermediate targets for the Group’s ambition to decarbonize our insurance and investment portfolios by 2050. Günther Thallinger, the Allianz Member of the Board management responsible for investment management and sustainability, explains the plan.