Allianz
Allianz : fined by US Securities and Exchange Commission over Indonesia bribe
US securities regulators charged German insurer Allianz SE on Monday with bribing Indonesian government officials, and fined the company $12.3 million for violating overseas...
AGCS : Simon Buxton appointed as new Global Head of Reinsurance
Allianz Global Corporate & Specialty (AGCS) has appointed Simon Buxton as its new Global Head of Reinsurance with effect from January 1, 2013, based...
Allianz : profits up seven-fold in third quarter
German insurance giant Allianz announced that net profit soared nearly seven-fold in the third quarter, because year-earlier figures had been hit by heavy writedowns...
Allianz appoints UK Head of Product Development, Financial Lines
Allianz Global Corporate & Specialty (AGCS) has appointed Elke Vagenende as Head of Product Development, Financial Lines (UK). Elke will be based in the...
S&P : Allianz Worldwide Care rating raised to A+
Standard & Poor's Ratings Services has raised its ratings on Dublin-based, Allianz Worldwide Care to 'A+' from 'A'. The outlook is stable.
The upgrade reflects...
Allianz : confirms 2012 outlook after solid second quarter
German insurance giant Allianz posted a solid second-quarter net profit, boosted partly by its life and health divisions, and confirmed its full-year outlook.
Net profit...
Traffic jam in space threatens satellites
In April 2012, the European Space Authority lost contact with its Earth observation satellite Envisat, rendering it inoperative. Envisat will orbit Earth for approximately...
Allianz : 2012 Genius Safety Prize goes to Ford
Allianz’s parent company, Allianz SE, has selected Ford as the winner of the 2012 Allianz Genius Safety Prize, which rewards automotive manufacturers and suppliers...
Allianz : profits soar 60%
German insurance giant Allianz on Tuesday said its net profits soared by 60 per cent in the first quarter of 2012 and confirmed its...
Leading insurers and Looking Glass Analytics recognised at SAS user event
Chartis Insurance and Allianz SE are being honoured for their use of SAS Analytics to address company goals with confidence and knowledge. SAS conferred the 2012...
Allianz : profits halved by Greece and natural disasters
German insurance giant Allianz said Thursday natural catastrophes and losses on its investments in Greece slashed its bottom-line in half in 2011.
Allianz said in...
Allianz and Evolution extend partnership until 2016
Allianz and Evolution Underwriting will continue to work together for the next five years after extending their arrangements until at least 2016, Evolution said...
Standard and Poor’s downgrading insurers
Standard and Poor's have taken negative movements on the ratings of at least four major insurance groups this weekend, painting a bleak picture for...
What are the biggest fears of companies today?
Economic risks, business interruption and destructive natural catastrophes are the risks which business fear the most, according to a recent study by Allianz Glabal...
Allianz : Eurozone on the road to recovery?
For the first time since the global financial crisis began, economic imbalances in the eurozone as a whole have relaxed slightly, an Allianz report...
Allianz : launch of Clear Private Car product with Adrian Flux
Allianz announces that its Clear Private Car product is now available via specialist motor insurance broker Adrian Flux.
This is the second Clear product available...
Allianz : profits slump in third quarter
German insurance giant Allianz said on Friday that earnings plunged in the third quarter, hit by turmoil on financial market, but the group said...
Allianz : improves fleet products for profitable growth
Research from Allianz with brokers and customers has lead to the introduction of new motor fleet products.
There is now a distinction between ‘Small fleet’...
International groups vie for acquisition of Polish insurer
Major international groups are vying for the acquisition of Polish insurance company Warta from Belgium's KBC for a sum estimated at between 233 and...
Allianz : reorganises asset management business
Allianz said it is reorganizing its asset management business to give better visibility to its two main brands, Pimco and Allianz Global Investors.
Pimco is...
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