ACP joins AllianzGI to extend client offering

Allianz Global Investors (AllianzGI) and Allianz Capital Partners (ACP) announced today that they will join forces in order to extend the range of investment expertise available to AllianzGI’s broad global client base, strengthening further its offering in Alternatives. From January 1, 2018, ACP will become a discrete entity under the umbrella of AllianzGI. 

Euler Hermes Rating Launches New SME & MidCap Rating Service in France
Euler Hermes Rating launches new SME & MidCap Rating Service in France

Euler Hermes, the world’s leading trade credit insurer, today announced the French launch of TRIBRating, a new rating service specifically designed for SMEs and MidCaps, offered by Euler Hermes Rating. 

Avoiding Total Recall
Avoiding Total Recall

The average cost of a major recall is $12 million – and the number of incidents is set to rise as new technologies add more complex layers to products, says a new report by Allianz Global Corporate & Specialty...

Allianz Automotive and Scania Financial Services announce global strategic partnership
Allianz Automotive and Scania Financial Services announce global strategic partnership

Allianz Partners (with its commercial brand Allianz Automotive) and Scania CV AB Financial Services have concluded a global cooperation agreement in June 2017. The cooperation comprises Scania branded motor insurance solutions for Scania customers. 

Product recall risks growing in size and number as technology drives new triggers, warns Allianz
Product recall risks growing in size and number as technology drives new triggers, warns Allianz

Product-related risk is one of the biggest perils facing businesses today, with recall exposures having increased significantly over the past decade, bringing the potential for larger and more complex losses than ever before, warns insurer Allianz Global Corporate & Specialty (AGCS) in a new report.

Printing an extra dimension of risk

3D printing is revolutionizing manufacturing, but it is also adding an extra layer of risk that companies may not be aware of. 

Allianz expands footprint in China with new Beijing branch
Allianz expands footprint in China with new Beijing branch

Allianz has announced the official opening of its Beijing branch office, strengthening its presence across China and enhancing its ability to serve more customers in the world’s fastest-growing insurance market. 

Solunion to offer Euler Hermes Transactional Cover Unit products
Solunion to offer Euler Hermes Transactional Cover Unit products

Solunion, experts in credit insurance, will offer its clients the full range of Transactional Cover Unit (TCU) products from Euler Hermes, its joint shareholder with MAPFRE. The tailor-made policies are designed to safeguard against default and political risks, including those arising from short, medium and long-term contract interruptions and issues with credit and bank financing.

Modern IT architecture has to be anti-fragile
Modern IT architecture has to be anti-fragile

Digitalization provides a lot of new opportunities. Unfortunately, the danger of the IT systems being attacked by hackers also increases with it. Ralf Schneider, Group CIO of Allianz, sees protecting these systems with robust defense mechanisms as one of his most important challenges. In a recent interview to German magazine Digitale Welt, he discusses the cyber threat landscape that global corporations face and the foundation for a solid cybersecurity strategy…