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Allianz reports strong growth in P&C segment for Q2 2023
10th August 2023
Global insurance giant Allianz has reported double-digit growth in its property and casualty (P&C) insurance business segment for the second quarter of 2023, with total business volume hitting €17.6 billion. Within P&C, business volume was up 8%, and when adjusted for foreign currency translation and consolidation effects, internal growth was robust ... Read the full article
Allianz Commercial promotes distribution experts Thomas and Montgomery
28th July 2023
Allianz Commercial has announced the promotion of two distribution experts as part of its UK strategy; Mike Thomas and Andy Montgomery. From 1 September 2023 the newly formed UK Distribution function led by Nick Hobbs - whose appointment was announced in June - will operate across digital trading, mid-market, large ... Read the full article
Allianz unites AGCS and Allianz P&C under ‘Allianz Commercial’ for enhanced insurance offerings
25th July 2023
In a strategic move to consolidate and enhance their commercial insurance offerings, Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of local Allianz Property & Casualty (P&C) entities have come together to trade under the new name "Allianz Commercial." The unified business will provide comprehensive insurance solutions for ... Read the full article
Allianz Trade in Asia Pacific makes key changes in senior management
19th July 2023
Allianz Trade in Asia Pacific has announced the appointment of Chris Markesteijn as Regional Head of Surety and Guarantees. The appointment will be effective from the 1st of August and will be based out of Singapore. Markesteijn will report directly to the Regional CEO of Allianz Trade in Asia Pacific, Paul ... Read the full article
Allianz names Christian Sandric Commercial leader for Asia
13th July 2023
Christian Sandric will join Allianz Commercial as Commercial Managing Director Asia in Singapore with effect from 1 September, subject to regulatory approval. Sandric will join the company from AIG Singapore where he currently serves as President & CEO. He is also Regional Manager for Indonesia, the Philippines and Vietnam with overall ... Read the full article
Italy’s top insurers, Allianz and banks come to Eurovita’s rescue: reports
3rd July 2023
Italy's top four insurers and Germany's Allianz have agreed on a multi-billion euro rescue deal for Eurovita, industry supervisor IVASS said on Friday, as reported by Reuters. This comes after months of work to broker an accord which also involves 25 banks. Earlier this year, Eurovita became the first Italian insurance ... Read the full article
Allianz AGCS names Oskar Buchauer as its new Chief Financial Officer
3rd July 2023
Allianz Global Corporate Specialty SE (AGCS) has appointed Oskar Buchauer as its new Chief Financial Officer (CFO). With effect from September 1, 2023, Claire-Marie Coste-Lepoutre, CFO of AGCS for more than four years, will hand over to Buchauer who currently serves as Head of Allianz Group Actuarial, Planning and Controlling and ... Read the full article
Allianz Global Corporate & Specialty names Global Head of Natural Resources
28th June 2023
Allianz Global Corporate & Specialty SE (AGCS) has announced the appointment of Anthony Vassallo as the Global Head of Natural Resources, effective immediately. In his new role, Vassallo will report to Gordon Browne, the Global Head of Specialty at AGCS. As the Global Head of Natural Resources, Vassallo's primary focus will be ... Read the full article
We have to continue to look for new solutions within cyber, Allianz AGCS’s Sayce
28th June 2023
A joint report from Federation of European Risk Management Associations (FERMA) and its industry partners, which examines how Europe can be the driving force towards cyber resilience, was recently published earlier this month. The report was produced in partnership with leading industry players including Allianz Global Corporate & Specialty, AXA ... Read the full article
Allianz SE extends mandates of key board members Barbara Karuth-Zelle and Christopher Townsend
26th June 2023
The Supervisory Board of Allianz SE, one of the world's leading insurance and asset management companies, announced that it has extended the mandates of Barbara Karuth-Zelle and Christopher Townsend, two prominent members of the Allianz SE Board of Management. The decision extends their contracts until December 2028, showcasing the board's confidence ... Read the full article
Allianz names Nick Hobbs as Chief Distribution Officer for Allianz Commercial in UK
23rd June 2023
Allianz, a leading global insurance company, has announced the appointment of Nick Hobbs as the Chief Distribution Officer for Allianz Commercial in the UK. In this newly created role, Hobbs will oversee all aspects of distribution for the integrated Allianz Commercial operations across the UK. The appointment, subject to regulatory approval, is ... Read the full article
Allianz names Serge Raffard as Managing Director for Personal Lines
7th June 2023
Allianz Holdings appointed Serge Raffard as the new personal managing director, following the recent news of Steve Treloar deciding to step down. Treloar has decided to leave the business to pursue new opportunities. Raffard will join at the beginning of July and report to Colm Holmes, CEO of Allianz Holdings. Raffard joined Allianz ... Read the full article
Allianz Commercial makes key leadership appointments for Iberia & Latin America
2nd June 2023
Allianz Commercial has announced that it has appointed Managing Directors to lead its Commercial insurance business in two key regions. Agustín de la Cuerda will lead Iberia, while David Colmenares will lead Latin America. According to the announcement, each Managing Director will represent the integrated Allianz Commercial insurance business across all ... Read the full article
Simon McGinn stepping down as CEO of Allianz Commercial
1st June 2023
Allianz Holdings has announced that Simon McGinn, CEO of Allianz Commercial will be stepping down from his position, effective July 1, 2023. McGinn joined the company in 2004 as trading director, before later going on to take on the role of director, commercial broker markets. Fast forward to 2013, he was then ... Read the full article
Allianz Partners UK & Ireland names Patricia Moon CEO
26th May 2023
Allianz Partners UK & Ireland has appointed Patricia Moon as its new Chief Executive Officer (CEO), effective March 1, 2023. Moon, who previously served as the CEO of Allianz Partners Japan, brings a wealth of industry experience and knowledge to her new role. Moon assumes the position of CEO from Tim Tozer, ... Read the full article