News

Insurance

Allianz sells $120bn assets of US business AGI to Voya after SEC ban

The guilty plea to fraud has resulted in the disqualification of AGI US licence.   18 May 2022

Insurance

Allianz AGCS regional head of claims quits; replacement revealed

The new leader will be responsible for claims across the UK, Ireland, and Nordics.   18 May 2022

Insurance

Allianz unit pleads guilty to fraud, loses US licence, will pay $6bn

Allianz Global Investors admitted to defrauding investors over multiple years and concealing losses.   18 May 2022

Insurance

Allianz taps senior global P&C exec as head of motor claims

Ian Kershaw is leaving Allianz to pursue other opportunities.   16 May 2022

Insurance

Allianz leader moves to Everest for ‘once-in-a-career opportunity’

Says Everest’s international team is now ‘perfectly balanced and positioned for growth’.   13 May 2022

Insurance

Fidelis joins UN-convened Net-Zero Insurance Alliance

The carrier intends to reach the net zero underwriting target well before 2050   13 May 2022

Insurance

Aon lands Zurich/Allianz talent to expand global yacht practice

He will drive Aon’s small yacht offering for the UK, Europe, and then globally.   13 May 2022

Insurance

Allianz calm on nat cat: reinsurance & investment beat cover it

The gap from nat cat budget to aggregate engagement can easily be covered by investments.   12 May 2022

Insurance

Allianz profit plummets 78% as multibillion-dollar fund blowup hits

The latest €1.9bn provision has reduced the first quarter net profit by €1.6bn.   12 May 2022

Insurance

Allianz reserves €100m on Ukraine losses, sounds all-clear for AGCS

‘Exposure at AGCS is very limited… we don't expect to see anything major’.   12 May 2022

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