Canadian Underwriter

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Allianz Global Corporate & Specialty


News CatastrophesEarnings / RatingsInsuranceMergers and Aqcuisitions

Nat cat losses for Allianz Group almost twice 10-year average for Q2

August 8, 2016 by Canadian Underwriter

Allianz Group reported Friday a 2.9-point deterioration in its property & casualty combined ratio, as natural catastrophe losses were “almost twice” its 10-year average for the second quarter. Munich-based Allianz reported its p&c operations had a combined ratio 96.4% during

News InsuranceLegalMergers and AqcuisitionsTechnology

Allianz Global Corporate & Specialty launches cyber and professional liability coverage for North America

August 4, 2016 by Canadian Underwriter

Allianz Global Corporate & Specialty (AGCS) has announced the launch of a new cyber and professional liability coverage product designed exclusively for the North American market. Featuring a streamlined form structure with flexible terms, ACCEPT Protect is the “first of

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

New Allianz unit to write representations and warranties insurance in Canada

July 20, 2016 by Canadian Underwriter

Allianz Global Corporate & Specialty (AGCS) SE announced Wednesday its new transactional liability unit in North America. “This new practice will offer financial protection specifically to protect against inaccuracies made about target companies or businesses in connection with mergers, acquisitions

News InsuranceMergers and AqcuisitionsTechnology

Cyberattacks against critical infrastructure, manufacturers likely to target industrial control systems to manipulate operations: AGCS

June 1, 2016 by Canadian Underwriter

Rather than stealing data, cyberattacks against critical infrastructure and manufacturers are more likely to target industrial control systems (ICS) to manipulate or shut down operations, Allianz Global Corporate & Specialty (AGCS) said on Wednesday. As energy, transportation or telecommunication companies,