Tag Archives: Allianz Group

Allianz X Invests in NEXT Insurance to Advance Small Business Insurance Innovation

Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) Allianz X, the digital investments division of global insurer Allianz Group, has announced a strategic investment in NEXT Insurance, a leading technology-focused small business insurer in the United States. Allstate is also participating in this investment round, bringing … Read the full press release

Allianz Group divests 50.1 percent of its Russian business to Interholding LLC, the owner of Russian P/C insurer Zetta Insurance

Agreement aimed at ensuring continuity for clients and employees Transaction subject to regulatory approval (PRESS RELEASE) MUNICH, 3-Jun-2022 — /EuropaWire/ — Allianz Group (ETR: ALV), one of the leading integrated financial services providers worldwide, has announced the divestment of its … Read the full press release

Le groupe Allianz cède 50,1 % de ses activités russes à Interholding LLC, propriétaire de l’assureur P/C russe Zetta Insurance

Accord visant à assurer la continuité pour les clients et les employés Transaction soumise à l’approbation réglementaire (COMMUNIQUÉ DE PRESSE) MUNICH, 3-Jun-2022 — /EuropaWire/ — Groupe Allianz (ETR : ALV), l’un des leaders intégrés fournisseurs de services financiers du monde entier, … Read the full press release

George David Sartorel to join Prudential Board as Non-executive Director

(PRESS RELEASE) LONDON, 14-Jan-2022 — /EuropaWire/ — Prudential plc (LON: PRU), a British multinational life and health insurance company, has announced the appointment of George David Sartorel to its Board as a Non-executive Director. George Sartorel has extensive experience of … Read the full press release

Allianz Life announces a $35-billion fixed index annuity portfolio reinsurance agreement, one of the largest transactions of this type

Allianz Life reinsures $35 billion of liabilities of fixed index annuity book in one of the largest transactions of its kind Agreement underscores shared values of flexibility, ability to scale, risk management, and commitment to policyholders Transaction expected to improve … Read the full press release

Allianz Real Estate to acquire manage-to-core office complex in Milan’s Central Business District

(PRESS RELEASE) MUNICH/ PARIS/ MILAN, 24-Nov-2021 — /EuropaWire/ — Allianz Group, one of the leading integrated financial services providers worldwide, announces that Allianz Real Estate has completed the off-market acquisition of a manage-to-core office complex situated in the heart of … Read the full press release

Allianz Group the leading insurance company in the Dow Jones Sustainability Index (DJSI)

(PRESS RELEASE) MUNICH, 15-Nov-2021 — /EuropaWire/ — Allianz Group, one of the leading integrated financial services providers worldwide, has announced that it leads the insurance sector in the Dow Jones Sustainability Index (DJSI). The insurer has been ranked on the … Read the full press release

Allianz releases Sustainability Report 2020, new climate strategy and targets

High customer satisfaction, most attractive employer in the insurance industry and more female managers  Significant reduction in greenhouse gas emissions from business operations   Expansion of guidelines for carbon-based business models in property and casualty insurance and proprietary investments from 2023 … Read the full press release

LV= to sell residual stake in LV= General Insurance to Allianz Group for up to £365 million

(PRESS RELEASE) BOURNEMOUTH, 31-May-2019 — /EuropaWire/ — Liverpool Victoria Friendly Society to sell its residual 30.1 percent stake in LV= General Insurance to Allianz Group for up to £365 million. At the completion of the sale, Allianz will own 100% … Read the full press release

Allianz Group sells 8.4 percent stake in Banco BPI to CaixaBank for 178 million euros

Allianz Group sells 8.4 percent stake in Banco BPI to CaixaBank Allianz and CaixaBank agree to reorganize terms of insurance distribution cooperation in Portugal Allianz Group aims to extend and deepen insurance partnership in Portugal with Banco BPI, subject to … Read the full press release

Allianz Group and Liverpool Victoria Friendly Society (LV=) complete the first stage in the creation of their joint venture and strategic partnership

Acquisition of 49 percent stake in LV=’s UK General Insurance businesses by Allianz Group is now completed Transaction creates third-largest personal insurer in the UK market Allianz to pay another 213 million pounds for a further 20.9 percent stake in … Read the full press release

Liverpool Victoria Friendly Society (LV=) completed the planned sale of 49 percent stake in its UK General Insurance businesses to Allianz Group

Bournemouth, UK, 02-Jan-2018 — /EuropaWire/ — Liverpool Victoria Friendly Society (LV=) announces that it has completed the planned sale of a 49 percent stake in its UK General Insurance businesses (LV=GI) to Allianz Group. Total consideration at this first stage of … Read the full press release

Allianz Group again ranked among leading sustainable insurers by the Dow Jones Sustainability Index

Today, Allianz Group has again been recognized as one of the leading sustainable insurers by the Dow Jones Sustainability Index (DJSI). MUNICH, 08-Sep-2016 — /EuropaWire/ — Since its inception in 1999, Allianz has been included in the DJSI with top ranking … Read the full press release

Allianz Group welcomes Peter Borchers as CEO of its newly established unit Allianz X

The recently established unit Allianz X has won Peter Borchers to become CEO as of October 1, 2016. MUNICH, 08-Sep-2016 — /EuropaWire/ — Peter Borchers is one of the most experienced and highly respected leaders in the area of corporate incubation … Read the full press release