Company: Allianz Page 2 / 5
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- March 18 2025
Allianz ‘will explore new opportunities’ in India as it exits JVs with Bajaj for US$2.8bn
German insurer will sell its 26% stake in Indian non-life and life insurance JVs to Bajaj Group.
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- March 4 2025
Allianz APAC P&C business total business volume tops US$2bn
The insurance group's regional total operating profits rose 6% to EUR795 million despite less favourable health claims experience.
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- March 4 2025
Thailand’s Allianz Ayudhya targets 12% premium growth amid product expansion
The carrier will focus on health, SME and home products, while also growing Allianz Commercial's property, engineering, transportation, and liability offerings for large businesses and corporates.
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- March 3 2025
Allianz Commercial appoints Rosa Ficarra as APAC ART head
Ficarra will relocate from London, and be responsible for new and renewal alternative risk transfer (ART) business in Asia and Australia.
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- February 13 2025
As Trump plays a ‘treacherous trade game’, tariffs solve nothing, leading underwriter says
Sean Dalton, vice president of the International Union of Marine Insurance (IUMI), says the rising risks of an all-out trade war between the US and China are a huge concern for insurers and clients.
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- February 10 2025
Allianz Commercial taps Aon’s Josephine Tam to lead financial lines, cyber in Asia
Singapore-based Tam was most recently regional director for cyber solutions and financial institutions at Aon.
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- February 7 2025
Allianz Commercial promotes Horace Gon to deputy Hong Kong CEO
New role in addition to responsibility as head of financial lines for Hong Kong and greater China.
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- February 5 2025
‘We are the captain of this ship’: Bajaj-Allianz edges closer to split
Chairman and managing director Sanjiv Bajaj expresses the need for 'greater control' in an interview with Bloomberg TV.
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- January 26 2025
Allianz Commercial appoints Phuong Ly as UK managing director
Ly is currently Allianz Australia's chief general manager of the commercial division, based in Sydney.
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- January 15 2025
BI ‘most significant risk’ for Asian firms in 2025: Allianz Risk Barometer
Business interruption is the main risk in China and Hong Kong, Malaysia, Singapore, and South Korea, while cyber incidents top risk in India for the eighth consecutive year.
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- December 16 2024
Allianz withdraws US$1.6bn offer to acquire Singapore’s Income Insurance
The pre-conditional offer was called off following the Singapore government's decision to block the deal.
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- December 14 2024
Allianz to scrap US$1.6bn deal to acquire Income Insurance: report
The companies had difficulty finding a way to assuage government concerns, so they are likely to make an announcement about calling the deal off later this week.
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- November 25 2024
Allianz Trade targets to capitalise on Asia’s shifting supply chains
The carrier is eyeing South-East Asia expansion and adapting to China's evolving trade landscape amid post-pandemic challenges, says APAC head Paul Flanagan.
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- November 20 2024
Trebling of ‘nuclear’ verdicts in US challenges liability underwriters: Allianz
Apart from social inflation, the increasing complexity of pharma class actions, PFAS litigation and the growth of collective redress outside of the US are among the other trends creating difficulties for carriers, according to the report.
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- November 18 2024
Allianz Commercial appoints Ben Church as head of broker distribution for Australia
The appointment comes after Sydney-based Church had assumed this role in an acting capacity six months ago.
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- November 15 2024
‘No guarantee’ Allianz-Income deal will proceed, discussions ongoing
Allianz and Income Insurance said they are still having discussions on amendments to the proposed acquisition deal.
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- November 14 2024
Singapore blocked Income-Allianz deal over US$1.4bn ‘capital extraction’ plan
The proposed plan is “very different in both its nature and quantum” and “does not align with the representations NTUC Income made” to the government, MAS chairman said.
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- November 7 2024
Singapore minister clarifies Allianz-Income deal halt following “misperceptions” on government’s role
Minister for Law K Shanmugam said it is not true that the government “blessed” the deal only to reverse its decision later.
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- October 23 2024
Allianz opens talks with India’s Reliance to launch insurance JVs: report
While Jio has been looking to rope in a foreign partner for its insurance foray, as exclusively reported by IAN, the current talks follow the German insurer’s plans to exit its JVs with Bajaj Group.
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- October 22 2024
Allianz looks to exit decades-old India JV with Bajaj: report
It is eyeing an exit from life and general JVs because its Indian partner is not allowing the German insurer to raise its stakes at a discounted price.
