Browsing: Allianz

Bajaj Finserv announces the acquisition of Allianz SE’s stake in its insurance ventures, increasing its ownership to 100%.

Allianz has agreed to sell its stakes in its Indian non-life and life insurance joint ventures to Bajaj Finserv.

Allianz’s commercial insurance unit saw a 6.4% year-on-year increase in emission intensity, according to a recent report. The company also reported significant growth in revenue from sustainable solutions.

Allianz saw a 6.4% year-on-year increase in emissions intensity within its commercial insurance unit, although revenue from sustainable solutions grew significantly.

Allianz and the International Olympic Committee (IOC) have extended their Worldwide Olympic and Paralympic Partnership (TOP Partnership) for an additional four years, demonstrating a continuing commitment to the Olympic movement.

An Allianz-led consortium is expected to finalize a €3.5 billion deal to acquire Viridium, Germany’s largest life insurance administrator.

An unauthorized party accessed sensitive information, including names and policy numbers, prompting Allianz Life Insurance Company of North America to notify affected individuals.

Allianz Asia saw robust growth in 2024, driven primarily by the life and health segment.

Allianz Life Assurance Egypt has been recognized as ‘Best Life Insurance Company – Egypt 2024’ by Global Business Outlook, showcasing its commitment to innovation and customer-centric solutions within the Egyptian insurance market.

Allianz’s real estate portfolio experienced a 7.7% drop in 2024, reflecting broader pressures in the commercial property market.