Reinsurance News
Allianz news
News about Allianz, one of the largest global insurance and reinsurance groups.
Also news about Allianz Global Corporate & Specialty, the Allianz specialist unit that underwrites commercial insurance exposures and alternative risk transfer.
Allianz UK appoints Mansoor Reehana as Head of AI
15th October 2025
Allianz UK, part of the financial services group Allianz SE, has appointed Mansoor Reehana to the newly created role of Head of Artificial Intelligence (AI), to lead the strategic growth of AI initiatives. In his new role, Reehana will drive strategy, architecture, and product delivery of AI projects within the central ... Read the full article
Glyn Hughes joins Allianz Personal Broker as MD
16th September 2025
Allianz UK has announced the appointment of Glyn Hughes as Managing Director of Allianz Personal Broker, effective February 2026. Subject to regulatory approval, Hughes will join the UK personal lines leadership team reporting to Serge Raffard, Managing Director of Allianz’s personal lines business. He will be joining the company from Ageas, where ... Read the full article
Allianz UK introduces generative AI tool BRIAN
15th September 2025
Allianz UK, part of the financial services group Allianz SE, has introduced a generative AI tool, BRIAN, to help underwriters respond to customer enquiries, enhancing speed and confidence in decision-making processes. Allianz UK says its new tool will help underwriting teams overcome the time-consuming challenge of navigating lengthy guidance documents by ... Read the full article
Allianz X makes equity investment in Coterie Insurance
12th September 2025
Allianz X, the investment arm of Allianz Group, has made an equity investment in Coterie Insurance, a managing general agent (MGA) that provides property and casualty (P&C) insurance products for small and mid-sized businesses in the United States. Coterie uses technology to simplify the insurance process for both policyholders and distribution ... Read the full article
Allianz and Jio formalise Indian reinsurance joint venture
11th September 2025
Allianz Europe B.V. and Jio Financial Services Ltd (JFSL) have formally incorporated their reinsurance joint venture in India, naming the new entity Allianz Jio Reinsurance Ltd (AJRL). The joint venture received its certificate of incorporation from the Ministry of Corporate Affairs on September 8, 2025, following a no-objection certificate from the ... Read the full article
Syria gets $7.9m payout from drought parametric policy
11th September 2025
A parametric insurance policy has been triggered to provide relief to nearly 120,000 people in Syria after one of the country’s worst droughts in half a century, through an initiative funded by Humanity Insured as part of a wider public–private partnership with the World Food Programme (WFP), the Global Shield ... Read the full article
Allianz Trade appoints Tetsushi Kitano as Country Manager for Thailand
29th August 2025
Allianz Trade, a provider of trade credit insurance and part of the Allianz Group, has appointed company veteran, Tetsushi Kitano as Country Manager for Thailand, effective September 1st, 2025. The appointment aligns with Allianz Trade's strategy for Asia Pacific. Kitano, in his new role, will lead the local team after spending ... Read the full article
Allianz Trade appoints Stephen Georgetii as CCO for the Americas
12th August 2025
Allianz Trade, a provider of trade credit insurance and part of the Allianz Group, has appointed Stephen Georgetii as its new Chief Credit Officer for the Americas. In this role, Georgetii will oversee the development and implementation of credit policy, review and approve loan applications, and help mitigate risk associated with ... Read the full article
India strategy shifts from investor to domestic operator: Allianz CEO
7th August 2025
Following the sale of its 26% stakes in its Indian life and non-life insurance joint ventures and a binding agreement to form a 50:50 reinsurance venture, Allianz CEO Oliver Bäte said the group always intended to run a domestic business rather than remain a passive investor, and is now looking ... Read the full article
Allianz posts €4.4bn operating profit for Q2’25 with strong P&C performance
7th August 2025
Global insurer Allianz has reported that its total business volume increased by 8% year-on-year to €44.5 billion in the second quarter of 2025, as operating profit across the Group rose 12% to €4.4 billion, with a particularly strong performance in the property and casualty (P&C) segment. Group-wide, shareholders’ core net income ... Read the full article
Allianz, BlackRock, Generali, Hannover Re and T&D acquire Viridium
4th August 2025
A consortium including Allianz, BlackRock, Generali Financial Holdings, Hannover Re and T&D Holdings, have completed the acquisition of Viridium Group, a European life insurance consolidation platform, from Cinven. The transaction was initially announced on March 19, 2025, stating Viridium would be acquired by €3.5 billion transaction. Santander Insurance and PG3, a ... Read the full article
Allianz UK and Sainsbury’s Bank sign new insurance partnership to broaden market access
30th July 2025
Allianz UK, part of the financial services group Allianz SE, has signed a new insurance agreement with Sainsbury’s Bank as it looks to expand its reach in the UK retail insurance market. Starting 1 November 2025, Allianz UK will provide replacement home and motor insurance policies to existing Sainsbury’s Bank customers ... Read the full article
Allianz Commercial appoints Hyeji Kang as new CFO
22nd July 2025
Allianz Commercial has announced the appointment of Hyeji Kang as the new Chief Financial Officer (CFO) of Allianz Commercial and Allianz Global Corporate & Specialty SE (AGCS), effective October 1st, 2025. In her new role, Kang will report directly to Thomas Lillelund, CEO of Allianz Commercial. She will succeed Oskar Buchauer, who ... Read the full article
Allianz and Jio Financial Services to launch jointly owned reinsurance venture in India
21st July 2025
Jio Financial Services Limited (JFSL) and Allianz Group, through its wholly owned subsidiary, Allianz Europe B.V., have entered into a binding agreement to form a 50:50 domestic reinsurance joint venture, marking entry into the Indian high-growth insurance market. Through the new partnership, the pair aim to bring together JFSL’s local market ... Read the full article
Allianz appoints new leaders to drive growth in UK commercial insurance
11th July 2025
Allianz Commercial, an insurance and financial services provider, has announced two permanent leadership appointments within its UK commercial division. These changes, effective immediately, strengthen the company’s focus on delivering high-quality insurance solutions to mid-market and large corporate clients. Graham Stait has been confirmed as Director, UK Markets, after serving in the role ... Read the full article
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