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Allianz sells US mid-size corporate insurance unit to Arch Capital

by AIP Online Bureau | Apr 6, 2024 | International News, Non-Life, Reinsurance

The transaction is part of Allianz’s new strategy to focus on large corporate and specialty businesses in the U.S. instead BERLIN: Allianz agreed to sell Fireman’s Fund, its U.S. insurance unit for mid-sized corporations and entertainment industry clients,...
Allianz takes a larger wealth bet with stake in $68 billion manager AlTi

Allianz takes a larger wealth bet with stake in $68 billion manager AlTi

by AIP Online Bureau | Feb 25, 2024 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Allianz, one of the world’s largest financial services companies with €2.16 trillion ($2.33 trillion) in assets under management, joins a growing number of global firms building their focus on the wealth sector Allianz SE is making a strategic investment in money...

Key risk trends for Directors and Officers in 2024: Allianz

by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, Features, Non-Life, Reinsurance, Risk Management

Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated, and ESG claims are here to stay and proving challenging. D&Os need to be prepared for these headwinds and have a strategy that can adapt when presented with a block to the...

Allianz and Dutch development bank back $1.1 bln sustainable loans fund

by AIP Online Bureau | Nov 28, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

The fund will co-invest in a portfolio of about 100 loans targeting the energy, financial and agribusiness sectors to help developing countries meet three SDGs – boosting economic growth, equality, and fighting climate change Allianz Global Investors and Dutch...
Detection and response tools increasingly important as cyber claims surge: Allianz

Detection and response tools increasingly important as cyber claims surge: Allianz

by AIP Online Bureau | Oct 25, 2023 | Eco/Invest/Demography, Features, Non-Life, Risk Management, Technology

Cyber breaches that are not detected and contained early can be as much as 1,000 times more expensive than those that are, the report highlights, with Allianz Commercial analysis showing that early detection and response can stop a €20,000 loss turning into a €20mn...
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