Fears of Hacking Increase Demand for Cyber Insurance May 10, 2017 By Oliver Suess For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping...
Holocaust Survivors Pleased Allianz Golf Tourney Sponsorship Ends April 26, 2017 By TERRY SPENCER and CURT ANDERSON Holocaust survivors on Monday celebrated the end of German insurance giant Allianz’s sponsorship of a Florida pro golf tournament, saying...
Federal Appeals Court Finds Luxury Condo Owner’s Suit Filed too Late Against Insurer January 4, 2017 By Denise Johnson A luxury high rise condominium located in Las Vegas, Nevada, was found to have been barred from recovery of its...
Allianz: A Lot of Home Theft Occurs in the Garden May 4, 2016 Nearly 1 in 10 homeowners reported that they had fallen victim to a theft from their garden with the average...
Allianz is Lead Reinsurer for Missing AirAsia Plane December 29, 2014 By Lawrence White German insurer Allianz said on Monday it was the lead re-insurer to the AirAsia jet missing off the Indonesian coast...
Ace to Buy Allianz’s Fireman’s Fund Luxury Unit December 19, 2014 By Zachary Tracer, Noah Buhayar and Jing Cao Ace Ltd. agreed to buy Allianz SE’s Fireman’s Fund unit serving wealthy clients to expand insurance of luxury homes, yachts...
Allianz to Absorb Fireman’s Fund Commercial P&C Business September 18, 2014 The Fireman’s Fund commercial property/casualty business will be integrated into Allianz Global Corporate & Specialty (AGCS), the global corporate insurance...
Allianz Issues Insurance Payments for Missing Plane March 20, 2014 German insurance company Allianz says it has made initial payments in connection with the missing Malaysian Airlines plane. Allianz’s global...
Allianz Increases Dividend After Profit February 28, 2014 Insurance company Allianz says it is increasing its dividend to 5.30 euros ($7.27) from 4.50 euros a share after profits...
Business Interruption, Supply Chain Among Top Business Risks for 2014: Allianz January 14, 2014 Business interruption (BI) and supply chain, natural catastrophes and fire/explosion top the list of company risks in 2014, according to...