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Damen Shipyards hands over four vessels to AllianzDamen Shipyards Group has handed over four new Fast Crew Suppliers (FCS) 2610 to Allianz Middle East Ship Management. The handover was attended by Ahmed T Khalil, general manager of Allianz; Menno Kuyt, managing director Maritime More… |
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Allianz unit makes two key appointments in DubaiAllianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, has bolstered its team in Dubai with the appointments of two engineering underwriters, Faiz Abdulla and Nurhan Kursun. More… |
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Germany's Allianz buys key stake in Saudi-listed companyAllianz Group, a leading European financial services company based in Munich, Germany, has reached an agreement with Banque Saudi Fransi (BSF) for a significant stake in the Saudi-listed Allianz Saudi Fransi Cooperative Insurance Company (AzSF). More… |
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Germany's Allianz buys key stake in Saudi-listed companyAllianz Group, a leading European financial services company based in Munich, Germany, has reached an agreement with Banque Saudi Fransi (BSF) for a significant stake in the Saudi-listed Allianz Saudi Fransi Cooperative Insurance Company (AzSF). More… |
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New health insurance plan for Dubai residents launchedGlobal insurance broker Pacific Prime has announced it has partnered with Orient Insurance, Allianz Worldwide Care to help deliver a new international insurance solution for individuals in Dubai. The plans provide people with exceptiona More… |
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Shipping losses continue to decline: reportLarge shipping losses have declined by 50 per cent over the past decade, largely driven by development of a more robust safety environment by ship-owners, a report said. There were 85 vessels reported as total losses around the sh More… |
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Allianz-backed consortium buys top UK water companyA consortium led by Germany's Allianz has reached an agreement to acquire 100 per cent of the equity interest in Affinity Water, the largest water-only supply company in the UK. Allianz Group, which boasts a 36.6 per cen More… |
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Allianz-backed consortium buys top UK water companyA consortium led by Germany's Allianz has reached an agreement to acquire 100 per cent of the equity interest in Affinity Water, the largest water-only supply company in the UK. Allianz Group, which boasts a 36.6 per cen More… |
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Allianz plans to sell US consumer businessGerman insurer Allianz is planning to sell the personal insurance business of its US subsidiary Fireman's Fund as the unit continues to miss its targets, a German newspaper reported. Fireman's Fund's commercial coverag More… |
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Top insurer stops cover for exports to GreeceThe world's biggest trade credit insurer, Euler Hermes, has stopped covering exporters shipping to Greece because of the mounting risk of them not getting paid in the event the debt-laden nation is forced out of the euro. "Euler Hermes has More… |
