Allianz
Market Moves - 13 March 2014
Post takes a look at who has moved where in the insurance industry this week.
Allianz's Asia-Pacific arm hit by stronger euro
Allianz's insurance unit across 14 countries in Asia-Pacific saw revenues and profits fall as the euro appreciated against Asian currencies.
Allianz on cover for missing Malaysian Airlines flight
Allianz has confirmed that it is the lead insurer for Malaysia Airlines, the company whose flight MH370 disappeared on Saturday.
Allianz strengthens marine team with senior underwriter appointment
Allianz Global Corporate & Specialty has appointed Simon Hudson as senior marine liability underwriter.
Allianz approved for ABS with Serious Law
Allianz has been granted an Alternative Business Structure licence, and will launch a partnership with catastrophic personal injury specialists Serious Law.
2013 results: insurers’ CORs boosted by benign weather but RSA takes £244m hit
Insurers’ full‑year results were bolstered by largely benign weather conditions last year as many firms sacrificed market share in motor and home segments to retain profitability.
Interview: Jake Hickinbottom: Is Gin the tonic?
The recently launched Graduate Insurance Network aims to provide new entrants to the insurance market with support and networking. Jake Hickinbottom, Gin chairman and Allianz graduate trainee, details his ambitious plans for the group.
BIA countdown: Young achievers look back: Q&A with Victoria Cuggy and Claire White
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to two past winners of the Young Achiever accolade. Equity’s Victoria Cuggy won the award in 2006 for her work in managing the company’s compliance…
Dye hopes storms will have 'corrective' impact on rates
The impact of poor weather in the fourth quarter of 2013 and the first quarter of 2014 could see rate strengthening across a number of business lines, Allianz Insurance chief executive Jon Dye said today.
Allianz UK profits climb 5.6% for 2013
Allianz has revealed UK operating profits climbing 5.6% to £170.5m in its full year 2013 results.
Allianz group profits hit £8.3bn in 2013 as UK income dips
Allianz Group chalked up 7.8% growth in operating profit of €10.1bn (£8.3bn) in a year in which revenues grew by 4.1% to €110.8bn.
Senior claims specialist moves from AIG to Allianz in Hong Kong
Patsy Wong has been recruited by Allianz Global Corporate & Specialty as head of long tail claims for Hong Kong and Greater China.
Add-on sales top the agenda in Competition Commission talks
CHO critical of commission’s credit hire cost calculations,
Allianz and Jelf renew engineering insurance arrangement
Jelf has reached a ‘preferred partner’ deal with Allianz Engineering that will see the insurer provide a new three-year facility for the majority of the broker’s engineering insurance and inspection business.
Motor insurance regulator mooted by Straw slammed as ‘unnecessary’
Former Home Secretary’s parliamentary counterpart Evans ‘dead against’ idea.
Spotlight On – Fraud: Building on the foundations
The insurance industry’s approach to fraud has progressed enormously over the past 20 years but there is still more to be done.
ABI confident insurers will get behind its personal injury code of conduct
Code aims to combat perception of insurers exploiting PI claims.
Allianz takes 8.3% Bayern Munich stake
Allianz has agreed a deal for an 8.33% stake in Bayern Munich football club in a deal worth €110m.
Tickets.com partners with Allianz Global Assistance UK on missed event product
Tickets.com has partnered with Allianz Global Assistance UK to offer missed event insurance to its more than 300 UK venues through its partners ticketing platforms.
QBE recruits from Allianz, AIG and Hiscox in tech drive
QBE has swooped for four new technology, media and telecommunications specialists, recruiting from Allianz, AIG and Hiscox.
Allianz launches new healthcare plan for seafarers
Allianz Worldwide Care has unveiled a new healthcare product designed to provide care to seafarers in compliance with the Maritime Labour Convention.
Penny Black's Insurance Week - 6 February 2014
Allianz has been employing some sneaky sponsorship techniques, Penny learnt this week.
Vehicle Technology: End of the driver?
At the Consumer Electronics Show in Las Vegas, nine motor manufacturers exhibited autonomous car prototypes. What does this technological leap mean for the future of motor insurance?
Allianz and DAC Beachcroft launch motor safety paper for fleet drivers
Allianz Commercial has teamed up with law firm DAC Beachcroft to launch a white paper aimed at raising awareness of motoring offences and their penalties among fleet managers and business drivers.