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Moody’s revises Allianz’s outlook to Stable, affirms A2 IFSR

Moody’s Investors Service has affirmed the A2 insurance financial strength rating (IFSR) of Allianz S.p.A., the Italian subsidiary of Allianz SE, and simultaneously revised the outlook from negative to...

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Allianz develops machine learning tool to tackle growing fraud claims

Allianz has announced that it has developed a machine learning tool called ‘Incognito’ that is set to tackle growing fraud claims. Experts across the Allianz UK business have collaborated in developing...

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Nina Klingspor to become CEO of Allianz Central Europe

Allianz SE has announced that Nina Klingspor, currently CEO of Allianz Private Krankenversicherungs-AG, Allianz’s private health insurance business in Germany (APKV), will be appointed as the new Chief...

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Allianz issues €250m European windstorm catastrophe bond

Insurance giant Allianz has returned to the catastrophe bond market for the first time in over a decade with a new deal which will provide it with a multi-year risk transfer capacity of €250 million to...

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Rokstone announces $25m Allianz-backed partnership

Aventum Group’s international insurance and reinsurance MGA, Rokstone, has entered into a strategic alliance with Allianz Commercial, which has committed a $25 million facility to Rokstone. This...

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Cyber events top global business risk for 2024: Allianz Risk Barometer

In its latest Risk Barometer, Allianz reveals that cyber incidents have claimed the top spot as the foremost global business risk for 2024. This concern is underscored by the rising threat of...

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Allianz introduces new Financial Lines team to enhance customer support

Allianz has announced the launch of a new in-house team dedicated to managing Financial Lines claims. This move aims to provide seamless support to brokers and customers who rely on Allianz’s Directors...

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Allianz reports record operating profit of €14.7bn for FY23

Insurance giant Allianz has reported a record operating profit of €14.7 billion for the full year 2023, an increase of 6.7% from €13.8 billion in the previous year, driven primarily by the Life/Health...

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Allianz completes acquisition of Tua Assicurazioni from Generali

Allianz, a leading insurer and asset manager, has completed the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A., an Italian global insurance and asset management provider....

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Allianz Commercial appoints four regional distribution managers for broker...

Allianz Commercial has recently appointed four regional distribution managers covering the South, North, London, Midlands, and the South West regions to enhance support for brokers across the UK. The...

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