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.

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

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

Lloyd’s becomes the 10th major player to mark its exit from NZIA

30th May 2023

Lloyd's announced its resignation as a member organisation from the Net Zero Insurance Alliance with immediate effect on Friday. This makes it the tenth major insurance and reinsurance player to offer its resignation since last week. Lloyd’s, the insurance and reinsurance market in London, mentioned in a statement that it will ... Read the full article

QBE and Sompo the latest re/insurers to quit NZIA

26th May 2023

QBE and Sompo Holidngs have both announced their resignations as a member organisation from the Net Zero Insurance Alliance. This news takes the total now exited from the NZIA to nine major insurance and reinsurance players. The QBE and Sompo Holdings exits come right after two other big firms, namely AXA ... Read the full article

Allianz Holdings to revamp executive leadership team as Treloar & Dyson depart

24th May 2023

Allianz Holdings has announced that Steve Treloar, CEO for Allianz Personal, and Fernley Dyson, chief financial officer, are stepping down from their respective roles to pursue new opportunities. Treloar first joined LV= as Managing Director in May 2016. Before this, he served as managing director of Personal Lines at Aviva and ... Read the full article

Allianz Indonesia names Grenz as Country Head, President Director & CEO

18th May 2023

Allianz Indonesia has appointed Alexander Grenz as Country Head, President Director & CEO. Grenz has a 'strong' track record of working in the insurance industry. Grenz is skilled in Distribution, Operation and IT, DigitalTransformation, Post-Merger Integration, Enterprise Risk Management, Business Planning, Analytical Skills, Sales, and Communication. Prior to this role, Grenz held ... Read the full article

Allianz sees 24.2% increase in Q1 operating profit to €3.7 billion

12th May 2023

Allianz has reported that its Q1 2023 operating profit increased 24.2% to €3.7 billion, which the firm attributes to strong performance in Life/Health and Property-Casualty business segments. Meanwhile, total business volume in Q1 2023 increased by 3.9% to €46 billion. Allianz states this growth was spearheaded by the Property-Casualty segment, which benefited ... Read the full article

Allianz Commercial leaders confirmed for key markets

4th April 2023

Allianz Group has announced new leadership appointments for four of its largest Property and Casualty Commercial insurance markets: Australia, France, Germany and the United Kingdom. In each country, every Commercial lead will represent the integrated Allianz Commercial business and bring to the market Allianz’s full set of solutions for specialty clients, ... Read the full article

AGCS recruits AIG’s Browne as Global Head of Specialty

14th March 2023

Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has announced the appointment of Gordon Browne as Global Head of Specialty. Most recently, Browne served as Global Head of Energy & Construction and Head of North America Specialty for AIG. During his eight years at AIG he also ... Read the full article

Allianz to serve global commercial insurance segment as one business

10th March 2023

Allianz Group has announced that it will serve the global commercial insurance segment as one go-to-market business under the trading name Allianz Commercial. The business will contain an integrated approach that encompasses its Allianz Global Corporate & Specialty (AGCS) business, serving large corporate clients and the insurance businesses of Allianz’s operating ... Read the full article

Tracy Ryan takes over as head of AGCS North America

8th March 2023

Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has announced that Tracy Ryan will join its Board of Management as Chief Regions and Markets Officer for North America She succeeds William Scaldaferri who has decided to leave Allianz after 23 years, 11 of which were spent ... Read the full article