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Allianz Global Corporate & Specialty Resseguros Brasil (AGCS Brazil), the business formed earlier this year by Allianz Global Corporate & Specialty to operate as a local reinsurer in Brazil, has secured a financial strength rating of A from AM Best. 28 March 2014
Insurance
Insurers are increasingly looking to build out new specialist areas with cyber insurance and sharia-compliant insurance being two of the biggest areas of focus for firms. 28 March 2014
Insurance
Allianz Deutschland AG has appointed a new CEO to oversee Central and Eastern Europe and the Middle East. Manfred Knof, who is also the member of the management board responsible for operations, will succeed Bruce Bowers. 20 March 2014
Insurance
Insurer Allianz has said it anticipates more growth in its Latin American operations despite economic growth in the region remaining below expectations. 20 March 2014
Insurance
Allianz Global Corporate & Specialty SE (AGCS), the industrial and specialist risk insurer of Allianz Group, has created a new chief claims officer position on its Management Board. 19 March 2014
Insurance
German insurer Allianz will acquire a chunk of the Property and Casualty (P&C) insurance business of Italy’s UnipolSai, for €440 million. UnipolSai is a subsidiary of insurer Unipol, which achieved €1.1 billion of premiums in 2013. 17 March 2014
Insurance
German reinsurer, Hannover Re has estimated losses of up to €30 million following the disappearance of the Malaysian jet, flight MH370. 17 March 2014
Insurance
XL Group has strengthened its marine team with the appointment of Bert Nelen as chief underwriting officer, Europe and Rod O’Malley as senior class underwriter, Cargo. 12 March 2014
Insurance
German insurer Allianz has confirmed that it is the lead insurer for Malaysia Airlines following the disappearance of one of the airline’s jets over the Pacific Ocean on Saturday. 12 March 2014
Insurance
Liberty International Underwriters, a division of Liberty Mutual Insurance, has entered into a strategic alliance with NJ PURE, a New Jersey-based not-for-profit medical malpractice insurer. 11 March 2014
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