Reinsurance News

Allianz news

News about Allianz, one of the largest global insurance and reinsurance groups.

Also news about Allianz Global Corporate & Specialty, the Allianz specialist unit that underwrites commercial insurance exposures and alternative risk transfer.

Allianz appoints new CEOs to Allianz DE & Allianz Italia

19th September 2017

The Supervisory Board of Allianz Deutschland AG has appointed Dr. Klaus-Peter Röhler to Chairman of the Management Board (CEO) and successor to Dr. Manfred Knof, who is stepping down from the position and will take time off for health reasons. Since 2014 Röhler has been CEO of Allianz Italia SpA, a post ... Read the full article

AGCS names leader of downstream energy unit, Regional London Energy team

14th September 2017

Allianz Global Corporate & Specialty (AGCS), a division of global insurer Allianz, has announced that Anthony Vassallo has been appointed as a Senior Underwriter to lead its downstream energy unit within its Regional London Energy team. Vassallo has been with the firm since 2003, and has worked across numerous specialty lines ... Read the full article

Allianz expands African footprint with Ensure Insurance acquisition

4th September 2017

Global insurer Allianz has announced a new binding agreement to acquire 98% of Nigerian domiciled insurance firm, Ensure Insurance Plc., from its main shareholder, Greenoaks Global Holdings Ltd. Ensure Insurance provides life and non-life insurance services and during 2016 produced gross written premiums (GWP) of €11 million ($13.1mn). Nigeria has the largest ... Read the full article

Allianz and Brokerslink partnership already showing its worth

23rd August 2017

A strategic partnership between global insurer and reinsurer, Allianz, and Brokerslink, a company which is composed of brokers and risk consultant entities, provides the latter's clients in 95 countries with improved access to Allianz' solutions and is already proving successful. According to a statement Allianz clients are already benefiting from the ... Read the full article

Allianz & LV= announce joint venture in deal valued at over £1 billion

4th August 2017

After recent media speculation it has now been announced that insurer Allianz and Liverpool Victoria Friendly Society (LV=) are to launch a joint venture under the LV= brand, which will create the third largest personal insurance company in the UK. Earlier this week media reports had claimed a deal was close ... Read the full article

Allianz and InsurTech start-up Flock announce pay-as-you fly drone cover

1st August 2017

Allianz and InsurTech start-up Flock have announced the soon to come launch of the UK's first pay-as-you fly drone insurance that can be tailored to each flight through the Flock app and provides up to £10 million liability cover. The pay-as-you-fly drone insurance is the first product to be launched by ... Read the full article

Potential for Africa to be a leader in digital insurance: Allianz

28th July 2017

The African risk transfer industry has the potential to transition itself into a global digital insurance leader, driven by customer demand for innovative solutions and favourable rules and regulations, according to Allianz Chief Executive Officer (CEO), Oliver Bäte. Speaking at the 44th annual Insurance Conference in Sun City, South Africa, the Allianz CEO ... Read the full article

Allianz Global Corporate & Specialty SE opens South Korea branch

29th June 2017

Allianz Global Corporate & Specialty (AGCS) SE is opening a Seoul branch targeting "significant growth opportunities" in the South Korean corporate and specialty insurance segment as the country launches a number of large-scale infrastructure projects. Noh Chang Tae, a Korean national with almost 25 years insurance experience, will assume the role ... Read the full article

Allianz AGCS promotes Hansen to lead global aviation

25th May 2017

Allianz Global Corporate & Specialty (AGCS), the corporate focused division of insurance and reinsurance giant Allianz, has promoted Mike Hansen to be its new Global Head of Aviation, effective immediately. Hansen will succeed Henning Haagen who has managed AGCS’s aviation business for five years. Haagen was appointed Northeast Zone Executive for ... Read the full article

Larger losses, digitalisation & tech are reshaping liability risk landscape: Allianz

31st March 2017

Companies around the world are increasingly susceptible to larger liability losses and the advancement of technology has the potential to drive a shift in the liability risk landscape, warns Allianz Global Corporate & Specialty (AGCS), a division of Allianz. After analysing 100,000 insurance claims from more than 100 countries between 2011 and ... Read the full article