by AIP Online Bureau | Jan 15, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
“In addition to cyber incidents as the top risk in India, the results from the Allianz Risk Barometer indicate a stronger link between climate change, natural catastrophes, and business interruption risks. As extreme weather events become more frequent, we expect this...
by AIP Online Bureau | Jan 15, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
Christian Sandric, Regional Managing Director of Allianz Commercial Asia, said, “Business interruption is the most significant risk for companies in the region and this is no surprise as Asian economies are increasingly participating in trade globally and regionally....
by AIP Online Bureau | Jan 2, 2025 | International News, Life, Technology
Published a week back, S&P has Allianz SE, ($807 billion, 4.8%), China Life Insurance Co. ($685 billion, 3.9%) and Ping An Insurance (Group) Co.($686 billion,13.3 %) of China Ltd. as the three largest life insurance companies in the world, according to a ranking...
by AIP Online Bureau | Dec 17, 2024 | Eco/Invest/Demography, Health, International News, Life, Non-Life
Singapore’s prime minister said in October that the city-state would block Allianz’s bid The move would have lifted Allianz to fourth largest composite insurer in Asia, from ninth, but sparked critique in Singapore because of concerns that it would detract...
by AIP Online Bureau | Dec 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Western Europe leads the global count with 195 cases, a reflection of the region’s current economic instability, followed by Asia-Pacific (67 cases) and North America (66 cases). Rising bankruptcies typically lead to an increase in D&O claims, so this trend is a...
