Allianz

AM Best Affirms Credit Ratings of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A.

Retrieved on: 
Thursday, September 7, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A. (Solunion) (Spain).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A. (Solunion) (Spain).
  • Solunion is the operating holding company of the Solunion group of companies, a 50-50 joint venture between the MAPFRE group and Allianz Trade.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Allianz Announces First Net-Zero Transition Plan With 2030 Intermediate Targets for Core Business Segments

Retrieved on: 
Thursday, September 7, 2023

The company outlines concrete intermediate targets by 2030 to reduce GHG emissions in the Allianz’s own business operations, proprietary investment portfolio and P&C insurance business.

Key Points: 
  • The company outlines concrete intermediate targets by 2030 to reduce GHG emissions in the Allianz’s own business operations, proprietary investment portfolio and P&C insurance business.
  • The Allianz transition plan includes a commitment to achieve 150% profitable growth in revenues from renewable energy and low-carbon technology solutions in the commercial insurance segment by 2030 versus 2022.
  • While these 2030 intermediate targets are the first ones set for the Allianz P&C insurance portfolio, Allianz has already surpassed previously set 2025 intermediate targets for its proprietary investment portfolio.
  • In our P&C retail insurance business, Allianz sets initial climate targets in the motor line of business.

ESG is Causing Very Real Business Headaches in 2023 and is More than Just a PR Concern, According to ALM's New Pacesetter Report

Retrieved on: 
Wednesday, September 13, 2023

NEW YORK, Sept. 13, 2023 /PRNewswire-PRWeb/ -- New York, NY - September 13, 2023–A new report from Law.com Compass Pacesetter Research (previously known as ALM Intelligence Pacesetter Research) finds that professional service providers and their clients are facing growing pressure to implement ESG-related programs from legislators, investors, and the business ecosystem (e.g., media, consumers, stakeholders, customers). This pressure from stakeholders to hold businesses accountable is countered by vague standards and metrics, uncertain ROI, and the growing politicization of the ESG concept, putting organizations between a rock and a hard place. As a result, the service emphasis among innovators in professional services has moved from a compliance checklist approach to one that is proactive and strategic, elevating the importance of incorporating ESG principles into an active risk management strategy. This grounding of ESG in a business and risk management context has favored those service providers best able to align an effective, proactive ESG framework with the overall business strategy to deliver long-term value.

Key Points: 
  • This grounding of ESG in a business and risk management context has favored those service providers best able to align an effective, proactive ESG framework with the overall business strategy to deliver long-term value.
  • As detailed in the report, Innovators in 2023 focus on risk mitigation and optimizing opportunities, helping clients build long-term value.
  • In this three-part Law.com Compass Pacesetter Research series on ESG, our first 2023-2024 report is on the "E": Environmental.
  • To learn more about the research or to obtain the full version of the ESG: Environmental report, go to: https://www.alm.com/intelligence/pacesetter-research-2/esg-environmental/ .

iM Global Partner strengthens international business development with France hire

Retrieved on: 
Monday, September 11, 2023

PARIS, Sept. 11, 2023 /PRNewswire/ -- iM Global Partner (iMGP) continues to expand with the appointment of a new Director of Distribution for France and Monaco.

Key Points: 
  • PARIS, Sept. 11, 2023 /PRNewswire/ -- iM Global Partner (iMGP) continues to expand with the appointment of a new Director of Distribution for France and Monaco.
  • Marta Oudot has more than 20 years of industry experience, including roles within East Capital and Allianz GI.
  • She joins iM Global Partner from DNB Asset Management where she was the Head of France.
  • In addition, Matthieu Beyler, who has been instrumental in expanding our French business, will broaden his role to cover French-speaking Europe including France, Luxembourg, Belgium and Geneva.

iM Global Partner strengthens international business development with France hire

Retrieved on: 
Monday, September 11, 2023

PARIS, Sept. 11, 2023 /PRNewswire/ -- iM Global Partner (iMGP) continues to expand with the appointment of a new Director of Distribution for France and Monaco.

Key Points: 
  • PARIS, Sept. 11, 2023 /PRNewswire/ -- iM Global Partner (iMGP) continues to expand with the appointment of a new Director of Distribution for France and Monaco.
  • Marta Oudot has more than 20 years of industry experience, including roles within East Capital and Allianz GI.
  • She joins iM Global Partner from DNB Asset Management where she was the Head of France.
  • In addition, Matthieu Beyler, who has been instrumental in expanding our French business, will broaden his role to cover French-speaking Europe including France, Luxembourg, Belgium and Geneva.

Greenwich Economic Forum Gathers Top Global Alternative Investment Industry Executives at Flagship Event October 3-4, 2023

Retrieved on: 
Thursday, September 7, 2023

GREENWICH, Conn., Sept. 7, 2023 /PRNewswire/ -- Greenwich Economic Forum (GEF) today announced the preliminary speaker lineup for its sixth Annual Conference, taking place at the Delamar Greenwich Harbor Hotel this October 3 and 4.

Key Points: 
  • GREENWICH, Conn., Sept. 7, 2023 /PRNewswire/ -- Greenwich Economic Forum (GEF) today announced the preliminary speaker lineup for its sixth Annual Conference, taking place at the Delamar Greenwich Harbor Hotel this October 3 and 4.
  • LP attendees will include pension funds, endowments, foundations, sovereign wealth funds, insurance companies, family offices and other asset owners.
  • "We are curating an essential dialogue among the thought leaders, visionaries and experts who are shaping the future of the alternative investment landscape."
  • Jim Aiello, Co-Founder of GEF and Co-Chairman of the Greenwich Business Institute, added: "The Greenwich Economic Forum continues to build on the momentum of this year's transformative events in Miami and Hong Kong.

Allianz Trade Announces Sponsorship of U.S. Paralympian

Retrieved on: 
Wednesday, August 30, 2023

Allianz Trade in North America today announced that it has signed on to sponsor U.S. Paralympian Daniel Romanchuk.

Key Points: 
  • Allianz Trade in North America today announced that it has signed on to sponsor U.S. Paralympian Daniel Romanchuk.
  • “We’re proud to have Daniel as part of our Allianz Trade family; the perseverence he exhibits through his rigorous training and race schedule is something to be admired,” said James Daly, President and CEO, Allianz Trade Americas.
  • “Our team looks forward to supporting him throughout his journey to Paris 2024.”
    Romanchuk is a Baltimore native, where the Allianz Trade Americas Region headquarters is located.
  • This sponsorship complements Allianz being the Worldwide Insurance Partner of the Olympic and Paralympic Movements from 2021 through 2028.

Sompo International appoints Alasdair Walker Regional Head of Distribution, Insurance, Asia Pacific

Retrieved on: 
Wednesday, August 23, 2023

SINGAPORE, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Alasdair Walker as Regional Head of Distribution, Insurance, Asia Pacific.

Key Points: 
  • SINGAPORE, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Alasdair Walker as Regional Head of Distribution, Insurance, Asia Pacific.
  • He will be based in Singapore and report to Paul O’Neill, President of Commercial Lines, Insurance, Asia Pacific (APAC).
  • “Alasdair’s appointment represents a continuation of Sompo International’s expansion through high-calibre hires in the APAC region.
  • Alasdair joins Sompo International from Allianz, where he held positions in London, Johannesburg and most recently Singapore as Regional Head of Distribution, managing a team across seven locations.

Insider Announces Shreyas Doshi, Product Pioneer for Stripe, Google, Yahoo, and Twitter, to Join Advisory Board

Retrieved on: 
Wednesday, August 23, 2023

NEW YORK, Aug. 23, 2023 /PRNewswire/ -- Insider — the #1 marketing platform for delivering individualized, cross-channel customer experiences — today announced that Shreyas Doshi joins the company's advisory board.

Key Points: 
  • NEW YORK, Aug. 23, 2023 /PRNewswire/ -- Insider — the #1 marketing platform for delivering individualized, cross-channel customer experiences — today announced that Shreyas Doshi joins the company's advisory board.
  • Doshi brings a wealth of product experience and expertise to the Insider team, having been a leading product visionary and category creator for over 15 years.
  • He is arguably best known for leading Stripe's earliest and most successful products — including Stripe Connect and Stripe Terminal.
  • Doshi is also credited for helping to define and grow Stripe's Product Management function from its earliest days.

Brandon Hall Group™ Announces the Winners of the 31st annual HCM Excellence Awards®

Retrieved on: 
Thursday, August 17, 2023

Boca Raton, FL, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Winners of the 31st annual HCM Excellence Awards were announced in an online broadcast today.

Key Points: 
  • Boca Raton, FL, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Winners of the 31st annual HCM Excellence Awards were announced in an online broadcast today.
  • Winners can also accept their award on stage at the HCM Excellence Conference and Awards Gala in February.
  • “Excellence Award winners are shown to be organizations that truly value their employees and invest in them through their human capital management programs.
  • These HCM programs have been validated as best in class for business value and the impact on the employees themselves," said Brandon Hall Group™ Chief Operating Officer Rachel Cooke, HCM Excellence Award® program leader.