by AIP Online Bureau | Jul 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life
“Singapore serves as our Asia-Pacific headquarters and is central to our global growth strategy,” Baete said in the firm’s release on Friday. Singapore “is a nation that cares deeply about the well-being of its people.” Allianz SE agreed to buy HSBC Holdings Plc’s...
by AIP Online Bureau | Jul 16, 2026 | Indian News, Life, Non-Life, Reinsurance
“We assure clients of uninterrupted service, continuity of coverage and consistent relationship management, as the existing facultative reinsurance portfolio from Allianz Commercial / Allianz Global Corporate & Specialty (AGCS) will be transitioned to...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Technology
The cuts, which they expect to take the forms of severance agreements, early retirements and similar options, will amount to between 1,500 to 1,800 positions across Europe, the unit’s chief executive officer Tomas Kunzmann said at an event late Tuesday in Munich....
by AIP Online Bureau | Jul 2, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
by AIP Online Bureau | Jun 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Clearly, loss of life and property damage – in terms of both vessels and their cargo – are the main causes to date,” said Regis Broudin, global head of marine claims at Allianz Commercial. The insurance industry is set to face significant claims for ships that were...
