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BestWire

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Property/Casualty (Non-Life)

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Allianz SE

141 through 160 of 528 matching documents, newest pages first. Sort by relevance

Allianz Closes on Westpac General Insurance Acquisition in Australia
Westpac Banking Group's general insurance business. With the close of the acquisition, Allianz Australia also began a 20-year exclusive agreement to distribute general insurance ...
Source: BestWire Date: July 2, 2021
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Update: Observers: Pandemic Backstop Proposals Find Cool Reception From Government Leaders, Policymakers
...Corrects the company name in the third bullet point.) Industry-sponsored proposals for creating government pandemic backstops to fix the business-interruption protection gap have ...
Source: BestWire Date: July 2, 2021
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COVID-19 Permanently Altered Travel Insurance, But the Line Will Rebound, Participants Say
Anthony Kaye, chairman, Association of Travel insurance Intermediaries. Kaye said a lack of market competition will have the adverse effect of driving up rates for consumers. He ...
Source: BestWire Date: June 11, 2021
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Washington AG Sues Allianz Over Mental Health Travel Claims Denials
The policies sold by AGA Service Co. and Jefferson Insurance Co. include an exclusion for "mental or nervous health disorders" and their related physical complications that disrupt ...
Source: BestWire Date: May 11, 2021
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Update: Australian Regulator Files Criminal Charges Against Allianz Related to Travel Insurance
...Adds Allianz comment beginning in fifth paragraph.) The Australian Securities and Investment Commission has filed criminal charges against Allianz Australia Insurance Ltd. and AWP ...
Source: BestWire Date: February 23, 2021
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Gallagher Exec: Tokyo Olympics Underwriters May Face Up to $3 Billion in Losses on Cancellation
Games will go on this summer. Reinsurers that have been reported as involved include Swiss Re, Munich Re and Hannover Re, Henderson said. Insurers include Axa, Beazley, Hiscox and ...
Source: BestWire Date: January 29, 2021
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Italy’s Competition Regulator Probes Allianz, Generali and UnipolSai Over Car Insurance Practices
...Sai Assicurazioni S.p.A., Generali Italia S.p.A. and Allianz S.p.A. for alleged unfair commercial practices in the settlement of damages from car claims. "All three insurance ...
Source: BestWire Date: December 3, 2020
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Allianz Strikes $535 Million Deal for Westpac’s Australia General Insurance Operations
Westpac General Insurance Ltd. and Westpac General Insurance Services Ltd., Allianz will expand its existing general insurance distribution arrangement with Westpac, allowing ...
Source: BestWire Date: December 2, 2020
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Judge: Presence of COVID-19 Virus Not Sufficient to Press BI Claim
The mere threat of COVID-19 cannot cause a "direct physical loss of or damage to" covered property, a judge ruled in dismissing a federal lawsuit filed by a Hawaii retailer seeking ...
Source: BestWire Date: November 11, 2020
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Allianz CFO: Insurers Should Focus on Underlying Profitability as Pandemic Stresses Global Economies
Financial Officer Giulio Terzariol. Revenue bases may decline as the pandemic continues but virus-related losses would also likely decline during another wave of lockdowns because ...
Source: BestWire Date: November 6, 2020
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Australian ASIC Says Allianz Misled Consumers on Expedia Sites
Allianz Australia Insurance Ltd. and its related-party AWP Australia Pty Ltd. for allegedly misleading consumers on the sale of travel insurance sold through three websites run by ...
Source: BestWire Date: October 1, 2020
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Allianz Plans East Africa Expansion With $98.7 Million Stake in Jubilee
East Africa's largest insurance groups, for 10.8 billion Kenyan shillings ($98.7 million). The deal will establish Allianz "as a meaningful presence in East Africa," Allianz Africa ...
Source: BestWire Date: September 30, 2020
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AM Best Affirms Credit Ratings of Allianz SE and Rated Subsidiaries
Specialty Resseguros Brasil S.A. Allianz Global Corporate & Specialty SE Allianz S.p.A Allianz Risk Transfer AG Allianz Risk Transfer (Bermuda) Limited AWP P&C S.A. Jefferson ...
Source: BestWire Date: September 10, 2020

Fusion Creates Hong Kong M&A MGA, Extends Partnership With Allianz Commercial Lines Unit
Allianz Global Corporate & Specialty and Fusion Specialty Asia Ltd. launched a managing general agent in Hong Kong and extended their warranty and indemnity solutions partnership ...
Source: BestWire Date: September 3, 2020
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Allianz Agrees to Sell BRIC to Runoff Specialist
Allianz Insurance plc said it will sell its British Reserve Insurance Co. Ltd. to Marco Capital Holdings Ltd., a European property/casualty runoff group making its first ...
Source: BestWire Date: August 25, 2020
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Axon Underwriting Acquires Renewal Rights to Allianz Contamination Recall Business
Global Corporate & Specialty's U.S. contaminated and consumer products recall business. The program administrator said it acquired the lines' renewal portfolio written through ...
Source: BestWire Date: August 3, 2020
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AGCS: COVID-19, Piracy Increase Risks for Shippers
Allianz Global Corporate & Specialty S.E. The number of reported total shipping losses of over 100 gross tonnes fell to 41 in 2019, down by 12 from the previous year, according to ...
Source: BestWire Date: July 15, 2020
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Allianz Completes $660.7 Million Acquisition of SulAmérica’s Auto and P/C Business
The transaction was announced in August (Best's News, Aug. 23, 2019) and completed ahead of schedule, Allianz Brazil Chief Executive Officer Eduard Folch said in the statement. ...
Source: BestWire Date: July 14, 2020
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AGCS Turnaround Strategy to Trim 700 Jobs, Save $225.1 Million
... The company said it will also continue to serve U.S. midsize companies, in particular through its MidCorp line. AGCS said MidCorp generated €965 million in gross net written ...
Source: BestWire Date: July 1, 2020
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Appeals Court Overturns $64 Million Award Against Fireman’s Fund in Asbestos Litigation
Circuit Judge Barrington D. Parker, who wrote the majority opinion. Fireman's Fund refused, which led to the litigation. The appeal's court agreed with the Fireman's Fund argument ...
Source: BestWire Date: April 30, 2020
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