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Allianz leads race for HSBC Life Singapore

Allianz leads race for HSBC Life Singapore

by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Life

HSBC had shortlistedAllianz, Sumitomo Life Insurance Co. and Daiichi Life Group Inc. as bidders for the Singaporean insurance unit. Other insurers including Sun Life Financial Inc. and Nippon Life Insurance Co. were said to be in the frame for the unit previously....
War becomes the number one political violence risk for more than 50% of companies globally:Allianz

War becomes the number one political violence risk for more than 50% of companies globally:Allianz

by AIP Online Bureau | May 19, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“The political violence landscape across Asia remains volatile, with civil unrest in countries such as Indonesia and Nepal, as well as domestic regional tensions including those between Pakistan and India, and Cambodia and Thailand. While some of these events...
AI:ERGO aims to cut about 1,000 positions in Germany

AI:ERGO aims to cut about 1,000 positions in Germany

by AIP Online Bureau | Feb 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Technology

The cuts affect simple and repetitive tasks in telephony and claims processing, a spokesman said on Tuesday. They will take place over five years through the end of 2030, with ERGO saying there will be no forced redundancies during this time. Munich Re’s primary...
Bajaj Group completes acquisition of 23% stake in insurance companies from Allianz for Rs 21,390 crore

Bajaj Group completes acquisition of 23% stake in insurance companies from Allianz for Rs 21,390 crore

by AIP Online Bureau | Jan 8, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life

Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv. The transfer of Allianz’s remaining 3% stake is expected to be completed over the nextfew months through a proposed buyback of shares by the insurance companies, subjectto applicable law and necessary...
Allianz and Oaktree join hands to launch reinsurance syndicate at Lloyd’s

Allianz and Oaktree join hands to launch reinsurance syndicate at Lloyd’s

by AIP Online Bureau | Dec 10, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Thorsten Fromhold, Chief Group Reinsurance Officer, Allianz SE Reinsurance, said: ” The launch of this Lloyd’s syndicate highlights the strength of the portfolio we are ceding and our consistent approach to reinsurance, which is an important contributor to...
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