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Nov 30, 2022

Delphine Traoré speaks on the Allianz Sustainability Agenda in Africa

On the heels of the COP27 summit that took place in Sharm El-Sheikh, Egypt, Allianz Africa CEO, Delphine Traoré explains the three key areas supporting the Allianz Sustainability agenda in Africa: education, investment in start-ups and small & medium sized companies (SMEs) and climate adaptation.
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Nov 11, 2022

Allianz releases its 2022 Q3 and 9M financial results

As standard practice, the Allianz Group has released its financial results for the third quarter and first 9 months of 2022. The Group has recorded an operating profit of 3.5 billion euros in the third quarter of the year and 10.2 billion euros cumulatively from the start of the year till date.
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Sep 22, 2022

Allianz completes final acquisition of majority stake in Jubilee’s general insurance business in East Africa

Allianz is now represented in the general insurance market in Uganda, Burundi, Tanzania, and Mauritius in addition to Kenya, where the former Allianz Insurance Company of Kenya and Jubilee General Insurance Company of Kenya company have become one and now operate under the name Jubilee Allianz General Insurance Company of Kenya.
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Sep 19, 2022

Leadership Changes at Allianz Senegal

Demba Sy, previously CEO of Allianz Insurance Company of Kenya Limited since 2015 until the portfolio of the company was recently successfully transferred to Jubilee Allianz General Insurance Limited, Kenya, has been appointed CEO of Allianz Senegal, effective October 1, 2022, subject to necessary approvals.
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Aug 18, 2022

Allianz releases 2022 half-year financial results

Allianz delivered another quarter of robust financial performance, driven by strong growth in our Property-Casualty business. The Group's operating profit and solvency ratio proved resilient against heightened volatility and a fundamentally weaker economic environment. 
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Jul 25, 2022

Delphine Traoré, speaker at the Africa CEO Forum 2022

For its 2022 edition, Africa CEO Forum, nicknamed by some media as the "African Davos", invited economic decision-makers to propose solutions for Africa's development, in a world in full crisis and in accelerated change, while respecting the environment. During this major meeting, heads of state and 300 CEOs, including Delphine Traore,Regional CEO of Allianz Africagave their vision for the implementation of strategies that can sustainably revive African growth.
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Jul 25, 2022

Allianz World Run 2022: Allianz Africa ready to repeat the feat!

For 90 days, from July 6 to October 4, 2022, all Allianz Group- as well as their families and friends - are encouraged to record their sports activities (running, hiking, walking and digital training), with the Adidas Running Runtastic app, for the 7th edition of Allianz World Run.
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Jul 25, 2022

Allianz Africa participates in World Cleanup Day 2022

World Cleanup Day is the biggest citizen action, for a world without waste. To date, this event has brought together more than 60 million volunteers in 191 countries, who are tackling the issue of waste, to build a sustainable world.
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Jul 25, 2022

Allianz Global Campaign - Get ready for the best!

On 8 June 2022, which was also World Oceans Day, the Allianz Global Campaign launched across 63 markets, bringing with it the official introduction of a new brand platform that has been in development since last year. 
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May 20, 2022

Potential of (Agriculture) Insurance as a Contributor to Sustainable Food Security in Africa

On Wednesday May 18th, 2022, Allianz, one of the world’s leading insurers and asset managers, became the majority shareholder in Jubilee General Insurance Company of Tanzania Limited (equivalent to 25,500,000 ordinary shares). 
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May 18, 2022

Allianz completes acquisition of majority stake in Jubilee General Insurance Company of Tanzania Limited

On Wednesday May 18th, 2022, Allianz, one of the world’s leading insurers and asset managers, became the majority shareholder in Jubilee General Insurance Company of Tanzania Limited (equivalent to 25,500,000 ordinary shares). 
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May 17, 2022

Allianz starts 2022 with strong first-quarter results 

In a quarter marked by severe economic and geopolitical challenges, our Group maintained its operating profit close to the strong level of the prior year. Allianz has achieved nearly a fourth of its full-year target, which shows our operating performance remains on track. 
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May 04, 2022

Allianz and Sanlam join forces to create African insurance giant

Allianz, one of the world’s leading insurers and asset managers with a century of history in Africa, and Sanlam, the largest non-banking financial services company in Africa, have agreed to combine their current and future operations across Africa to create the largest Pan-African non-banking financial services entity on the continent. 
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Apr 06, 2022

New leadership at Jubilee Allianz General Insurance Company Limited, Uganda

Paul Kavuma has been appointed the CEO of Jubilee Allianz General Insurance Company Limited Uganda, effective April 04, 2022. Deepak Pandey will stay with the company until April 30, 2022 after which he will take up a new role in the Jubilee Group, the minority shareholders of Jubilee Allianz Uganda, while serving as a Director on the Jubilee Allianz Uganda Board.
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Feb 18, 2022

Allianz partners with DynExcAfrica

As part of its social responsibility initiatives in Africa, Allianz announced on February 9, 2022, its partnership with the NGO Dynamiques et Excellences d'Afrique (DynExcAfrica) to raise awareness of science and technology among 1,500 young girls, pupils, students and entrepreneurs. About a hundred of them will also be trained in emerging digital professions such as piloting drones or even robotics and digital programming. 
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Jan 28, 2022

Allianz positioned as one of the world’s strongest brands

In this year’s Global 500 report issued by Brand Finance, a leading brand strategy consultancy, Allianz brand was ranked 30th in the list of the world’s most valuable brands. Among the world’s 100 most valuable insurance brands, Allianz ranked first among internationally operating insurers. 
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Jan 20, 2022

Allianz Risk Barometer 2022: Cyber perils outrank Covid-19 and broken supply chains as top Africa and Middle East business risk

Cyber perils are the biggest concern for companies in Africa and Middle East, South Africa, Nigeria and around the world in 2022, according to the Allianz Risk Barometer which launches on January 18, 2022.
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Jan 07, 2022

Leadership announcement for Allianz Ghana Non-Life

Ababacar Diaw, currently Deputy CEO of Allianz Africa Services and Regional Head of Protection and Resilience at Allianz Africa has been nominated CEO of Allianz Insurance Company Ghana Limited Non-Life, effective January 17th, subject to necessary approvals. 
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Jan 04, 2022

Leadership Change at Allianz Maroc

Allianz Africa has announced the appointment of Abderrahim Dbich as CEO of Allianz Maroc, effective January 1st, 2022. He succeeds Joerg Weber, who will take on new responsibilities in the Allianz group.
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Nov 17, 2021

Allianz Africa welcomes Allianz Technology on the continent

Present in Africa for more than 100 years, Allianz, one of the world's leading insurers and asset managers is entering a new phase in its expansion on the continent with the launch of Allianz Technology's activities in Africa. 
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Nov 17, 2021

Another strong results for Allianz during the third-quarter 2021 that prove that we are on the right track!

For the third consecutive quarter in 2021, the Allianz Group has delivered a strong operating performance across all business segments. This demonstrates that our business model is well-positioned to leverage the opportunities arising from a recovery in the global economic environment and in financial markets. 
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Oct 25, 2021

Allianz completes acquisition of majority stake in Jubilee Insurance Company of Uganda Limited

On October 22, 2021, Allianz, one of the world’s leading insurers and asset managers, has become the majority shareholder in Jubilee Insurance Company of Uganda Limited after completing the transaction to acquire a 66% stake in the company from Jubilee Holdings Limited (JHL), East Africa’s largest insurance group. 
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Oct 22, 2021

Allianz brand value climbs 17 percent to over 15 billion USD in one year

Allianz continues to be the world’s most valuable insurance brand, according to the 2021 Best Global Brands ranking, released by leading consultancy Interbrand today. Within the top 100 global brands, Allianz has climbed five ranks since 2020 to #34. Allianz’s brand value has risen by 2.2 billion USD in one year to 15.2 billion USD, an increase of 17 percent. 
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Oct 20, 2021

Leadership Changes at Allianz Africa

Delphine Traoré, Member of the Board of Management of Allianz Africa and Regional Chief Operations Officer (COO), will succeed Coenraad Vrolijk and assume the role of Allianz Africa Regional Chief Executive Officer (CEO), in addition to her current responsibilities. Coenraad will leave Allianz Africa to pursue new opportunities outside of the Allianz group. These changes will become effective November 1st, 2021.
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Oct 15, 2021

Allianz Africa: MBA scholarships for African actors in sustainable development

Allianz Africa's commitment to the development of the continent takes a new stage, through Allianz's  “Next Generations Fellowship for Social Entrepreneurs" initiative. Indeed, Allianz is committed to offering ten (10) scholarships for a "Global Online MBA" from the prestigious ESMT Berlin school.
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Sep 16, 2021

Delphine Traoré, Regional COO of Allianz Africa and Former President of the IOA: "Managing in times of crisis: a challenge taken up by insurers".

On June 13, 2019, Delphine Traoré, Chief Operating Officer of Allianz Africa, was elected President of the African Insurance Organisation (AIO) in Johannesburg. She handed over to her successor during the 47th Conference and Annual General Assembly of the AIO, held from the 4th to 8th September in Lagos (Nigeria).
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Aug 13, 2021

Allianz Africa represented by Delphine Traoré during the International Female Leader’s Panel

Allianz Africa is honored to see one of its female leaders featured on the 28th of July for the Allianz Life NEO: International Female Leader’s Panel.
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Aug 12, 2021

2Q 2021 Financial Results

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Jun 29, 2021

Coenraad Vrolijk, CEO of Allianz Africa talks about Allianz ambitions in East Africa

On June 9, 2021, Coenraad Vrolijk, Regional CEO of Allianz Africa, participated in a high-level roundtable, organized by Global Perspectives Initiative (GPI) and its CEO, Dr Ingrid Hamm, with the support of Robert Bosh Stiftung, the Federal Ministry for Economic Cooperation and Development, Bill and Melinda Gates Foundation, Mo Ibrahim Foundation and McKinsey Global Institute.
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Jun 14, 2021

Coenraad Vrolijk, Regional CEO of Allianz Africa, shares thoughts on the African-European economy

On June 9, 2021, Coenraad Vrolijk, Regional CEO of Allianz Africa, participated in a high-level roundtable, organized by Global Perspectives Initiative (GPI) and its CEO, Dr Ingrid Hamm, with the support of Robert Bosh Stiftung, the Federal Ministry for Economic Cooperation and Development, Bill and Melinda Gates Foundation, Mo Ibrahim Foundation and McKinsey Global Institute.
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Jun 01, 2021

Allianz Group represented by Delphine Traoré at the InsuResilience Global Partnership Fourth Meeting of the HLCG

On June 1st, the HLCG held the Fourth Meeting of the InsuResilience Global Partnership where Allianz was represented by Delphine Traoré, the Regional COO of Allianz Africa. 
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May 21, 2021

Leadership announcements for Allianz Africa entities in Kenya and Senegal

  • Adja Samb is appointed CEO of Jubilee Allianz General Insurance Limited, Kenya
  • Amine El Kernighi, Regional Head of Agents at Allianz Africa, will take over as CEO of Allianz Senegal.
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May 18, 2021

Allianz Financial Results: 1Q 2021

Allianz starts 2021 with strong first-quarter results.
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May 19, 2021

Allianz completes acquisition of majority stake in Jubilee General Insurance, Kenya

On May 4, 2021, Allianz has become the majority shareholder in Jubilee General Insurance Limited in Kenya. This follows the acquisition of a 66% stake in the company, representing 1,522,622 ordinary shares, from Jubilee Holdings Limited (JHL), East Africa’s largest insurance group who are retaining a 34% shareholding in the company.
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Apr 19, 2021

"We are proud of the results achieved by this transformation, which is in line with the vision of the Allianz Customer Model (ACM), for the benefit of customers and partners"

During the ACM Virtual Summit held on April 15, 2021, Agnès CADOT, Head of Organization Management at Allianz Africa alongside her colleagues, presented Allianz Africa's approach to ACM implementation
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Mar 25, 2021

Digitization of Agriculture Insurance through Parametric solutions

Nairobi, March 24th: After the digital session held in December on the topic of  “Vaccine Economics, Trade, China and Growth in Africa” with Ludovic Subran, Chief  Economist at Allianz SE, Allianz Africa has today held a second webinar on “The  Digitization of Agriculture Insurance Through Parametric Solutions” in partnership  with Allianz Re.
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Mar 19, 2021

Delphine Traoré for a united African financial industry to boost post Covid-19 growth

During the Africa Financial Industry Summit organized on March 10th by Jeune Afrique and Africa CEO Forum, Delphine Traoré, COO of Allianz Africa and President of the African Insurance Organization (AIO), participated in a panel under the theme: "Reinventing Post-Covid African Finance ".
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Feb 23, 2021

Resilience through Covid-19, Allianz Africa & AGCS webinar

On February 23, 2021, Allianz Africa, in partnership with AGCS, organized a virtual conference to share the principal insights of the 2021 Allianz Risk Barometer.
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Jan 25, 2021

Allianz Risk Barometer 2021: Covid-19 trio tops Africa and global business risks

10th Allianz survey: Business interruption, Pandemic outbreak and Cyber incidents are the top three business risks for 2021 – all strongly interlinked.
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Allianz Africa organized a webinar on Risk management under the topic: "New approaches for risk assessments"

The Covid-19 pandemic has inevitably led to the disruption of business activities, with permanent or temporary closures, buyouts...
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Allianz Ghana & Société Générale partnership

The business partnership between Allianz Non-Life Insurance Ghana and Société Générale (SG) Bank Ghana has been nothing but progressive in terms of growing the Allianz Ghana portfolio and GWP.
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Dec 15, 2020

Global Scenarios & Economic Outlook of the World and Africa by Ludovic Subran

As Allianz prepares to expand its presence in the East African insurance market – building on a solid foundation in Kenya and with the acquisition of the majority of shares in Jubilee General Insurance Company in Kenya, Tanzania, Uganda, Mauritius and Burundi – Allianz has today initiated a series of events aiming to introduce Allianz to the East African market, not only as a worldwide insurance leader, but also as a global thought leader and expert in financial and insurance markets.
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Dec 15, 2020

Contribution of Gideon Ataraire, CEO of Allianz Ghana Life, to the implementation of innovative products in his entity.

Gideon Ataraire joined Allianz Ghana Life on Monday, October 1, 2018 as the CEO.
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Nov 24, 2020

Allianz Africa women participate in Women Working for Change Summit to think about the world of tomorrow

Allianz Africa participated in the 3rd edition of the Women Working for Change Summit, a flagship international event organized by the AFRICA CEO FORUM. This digital meeting brought together more than 300 leading African women leaders to discuss the theme "Think tomorrow, change today".

Nov 11, 2020

Allianz Africa attended the 2nd edition of the Everywoman Insurance forum

Allianz Africa attended the 2nd edition of the Everywoman Insurance Forum which was organized by ‘’Everywoman’’, a professional network aiming to help businesses to close the gender gap and enhance the potential of female talent, this virtual event took place on November 11th.
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Oct 27, 2020

Allianz Africa honors Ilwad Elman

For the 5th time, Allianz Africa is supporting the German Africa Foundation to recognize outstanding African personalities who have contributed in a remarkable way to foster sustainable development on the continent. The operational hub of Allianz took part in the German Africa Award Ceremony.
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Oct 01, 2020

African Insurance Pulse 2020: Allianz Africa shares its experience

The African Insurance Organization (AIO) launched the African Insurance Pulse on the topic, “The Digitization of Insurance Markets in Africa”. This edition was produced by Faber Consulting on behalf of the AIO and was exclusively sponsored by Africa Re.
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Oct 14, 2020

Allianz Group represented by Delphine Traoré at the InsuResilience Global Partnership 3rd Virtual Meeting

Represented by Delphine Traoré, COO of Allianz Africa, Allianz Group participated at the InsuResilience Global Partnership 3rd Virtual Meeting.
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Sep 29, 2020

Jubilee Insurance and Allianz forge strategic partnership

Allianz Africa announced the nomination of Nandini Wilcke as Regional Head of Mergers, Acquisitions and Transformation effective from September 28th, 2020. She will succeed Adeolu Adewumi-Zer, recently nominated as the MD/CEO of Allianz Nigeria and will continue to serve as a Regional Head of Legal of Allianz Africa.
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Sep 29, 2020

Nomination of Nandini Wilcke as Regional Head of Mergers, Acquisitions and Transformation

Allianz Africa announced the nomination of Nandini Wilcke as Regional Head of Mergers, Acquisitions and Transformation effective from September 28th, 2020. She will succeed Adeolu Adewumi-Zer, recently nominated as the MD/CEO of Allianz Nigeria and will continue to serve as a Regional Head of Legal of Allianz Africa.
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Sep 04, 2020

Leadership change in Allianz Nigeria

Adeolu Adewumi-Zer, currently the Regional Head of Mergers, Acquisitions and Transformation for Allianz Africa, has been nominated as the MD/CEO of Allianz Nigeria. She will succeed Sunkanmi Adekeye, previously MD/CEO of Allianz Nigeria and Owolabi Salami, previously Executive Director of the company. 
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Apr 06, 2020

Frédéric Desprez appointed Head of Brokerage and Managing Director of Paris Hub for Allianz Africa

Allianz Africa appointed Frédéric Desprez as Head of Brokerage and Managing Director of Paris Hub for Allianz Africa, effective July 1, 2020. Frédéric Desprez has held the position of Managing Director of Allianz Cameroon Life and Non-Life since 2017.
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Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
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Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
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Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
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Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
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Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
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Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
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May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
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May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
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Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
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Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
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Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
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Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
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Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
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Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
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Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
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Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
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Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
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Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
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Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
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May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
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May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
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Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
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Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
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Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
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Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
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Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
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Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
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Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
Read more

Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
Read more

Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
Read more

Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
Read more

Jan 28, 2020

Allianz Risk Barometer 2020: Business interruption top peril for companies in Africa and the Middle East

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries. Business interruption ranks as the top risk in Africa and the Middle East and is a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income. Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event. Changes in legislation and regulation & climate change are increasing concerns for companies in the region.
Read more

Jan 15, 2020

Leadership changes at Allianz Cameroon and Allianz Ivory Coast

Olivier Malâtre is appointed CEO of Allianz Cameroon. He will succeed Frédéric Desprez, who will be taking a new position within Allianz to be announced at a later date. These changes will take effect on May 1, 2020, following a two month transition period. Mamadou Koné, currently CEO of Allianz Ivory Coast Life, will take over as CEO of Allianz Ivory Coast Non-Life. His appointment will be effective on March 1, 2020.
Read more

Nov 29, 2019

Allianz Africa launches regional insurance solution “Allianz Pan African Solutions”

Allianz Africa launches "Allianz Pan African Solutions", a new insurance solution for its corporate customers. With its extensive network and knowledge of the African market, Allianz Africa now offers a global range of property and casualty insurance in 49 countries across the continent. Corporate customers will benefit from unique insurance programs to consolidate their activities in several markets and thus optimize the financial management of their risks.
Read more

Nov 19, 2019

Allianz Africa enters a strategic partnership with Ethiopian Airlines

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health.
Read more

Sep 30, 2019

24th Reinsurance Forum of the AIO

Allianz Africa was represented at the 24th Reinsurance Forum of the AIO (African Insurance Organization) that was held in Tunis on September 30th- October 1st. The event was organized under the theme: "The African (Re) insurance in the face of new regulatory challenges". Delphine Traoré, president of the AIO and COO of Allianz Africa underlined the need for a comprehensive regulatory environment .
Read more

Sep 05, 2019

"What can we do to empower African women?"

During the 28th World Economic Forum on Africa, Delphine Traoré, Regional COO and Executive Board member of Allianz Africa participated to the "Executive Women's Lounge". Organized by the W Collective, this event offered a dedicated space to debate and to reflect on how can women be more included in the African corporate world. Delphine Traoré shared her experience and insights at one of these round tables with other prominent business women and leaders.
Read more

Jun 12, 2019

Allianz Africa COO appointed President of the AIO

Allianz Africa announced the appointment of Allianz Africa Chief Operations Officer (COO), Delphine Traoré, as President of the African Insurance Organization (AIO) effective June 12, 2019. Delphine served as Vice President of the organization from 2018 and takes over from Managing Director of Ghana Union Assurance, Arethu Duku.
Read more

Jun 10, 2019

Allianz partners with the AIO at their 46th annual conference

Over a 1000 delegates from over 60 countries will be present at one of the largest insurance gatherings. The theme of the conference is Insurance penetration in Africa:  “Insuring the uninsured”. Allianz to continue increasing insurance coverage for individuals and businesses in Africa through trusted and innovative solutions. 
Read more

May 14, 2019

Allianz reports operating profit of 3.0 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent. Total revenues grew 9.1 percent to 40.3 (2018: 36.9) billion euros. 
Read more

May 02, 2019

Allianz subsidiaries in Benin, Burkina Faso, Mali and Togo are now part of SUNU Group

Allianz Africa sold its shares in five subsidiaries in Benin, Burkina Faso (Life/P&C), Mali and Togo to Sunu Group, effective April 29, 2019. These entities are now part of the SUNU Group and will change their name to become SUNU Assurance upon receipt of regulatory approvals for the name change.
Read more

Apr 09, 2019

Allianz appoints new CEO to drive life operations in Ghana

Allianz has appointed Gideon Ataraire as Chief Executive Officer of Allianz Life Ghana. Gideon brings years of experience to the company and has a proven record of taking customer-centric companies like Allianz Life Ghana to the next level. Until this move, he was the Head of Human Resources and General Services at Allianz Nigeria.
Read more

Mar 26, 2019

Allianz Africa launches its core IT system transformation in Ghana

As part of its strategy, Allianz Africa is undergoing a deep operational transformation. First milestone is the set-up and rollout of a harmonized IT system across Africa. Allianz Ghana was selected and is in the process of  the implementing the new system called Allianz Business System (ABS).
Read more

Mar 06, 2019

Allianz selects Abidjan as new strategic hub for its African operations

Allianz is to base its operational and underwriting activities in the economic capital of Ivory Coast. This is a key milestone in the major operational transformation launched in Africa by Allianz. The new hub will be headed by Delphine Traoré Maïdou, Regional Chief Operating Officer and Regional Executive Board member of Allianz Africa.
Read more

Jan 15, 2019

Full Year and Quarterly Earnings Release 2018 : Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. 
Read more

Jan 12, 2019

Allianz launches Emob, a new firm specializing in a business in sustainable mobility in Morocco

Emob, a joint-venture between Allianz SE and Moroccan industrial operator Imperium holding, has the ambition to turn Marrakesh into the main African platform for the sustainable mobility industry. As a first step toward this goal, Emob aims to put 20,000 electric motorbikes in circulation by 2021. To insure these vehicles, Allianz SE developed an exclusive and complete insurance solution through its subsidiary Allianz Maroc.  
Read more

Jan 07, 2019

Appointment of new regional Head of Market Management reinforces Allianz business development strategy in Africa

Xavier Laurent will lead the newly created Market Management team of Allianz Africa as of January 1st, 2019. This strategic move is aligned with Allianz strong business ambitions in Africa. The new team will drive regional business growth and strengthen relationship with multinational clients and brokers.
Read more

Jan 07, 2019

Allianz Africa appoints Adja Samb as Chief Executive Officer of Allianz Senegal

Allianz Africa announced the appointment of Adja Samb as CEO of Allianz Senegal, effective January 1st, 2019. Till her appointment, Adja served as Head of Operations and Chief Marketing Officer at Allianz Morocco, a position she held from March 2015. Based in Dakar, she replaces Xavier Laurent who is taking on new responsibilities as Regional Head of Market Management. Adja will manage both life and non-life entities in Senegal and report to Coenraad Vrolijk, Regional Chief Executive Officer of Allianz Africa.
Read more

Nov 09, 2018

Allianz achieves operating profit of 3 bln euros in 3Q 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 billion euros. 
Read more

Sep 18, 2018

Allianz to become worldwide Olympic insurance partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021.
Read more

Aug 03, 2018

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations.
Read more

Jul 18, 2018

Allianz Group completes acquisition of Ensure Insurance in Nigeria

Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and non-life insurance services and generated 18.2 million euros in gross premiums written in 2017.
Read more

May 30, 2018

Allianz Group acquires 8 percent stake in African Reinsurance Cor…

Allianz Group has signed an agreement to acquire 8 percent in Africa’s leading reinsurer Africa Re. Under the terms of the agreement, the total cash consideration payable at closing would amount to $81 million (or 69 million euros).
Read more

May 15, 2018

Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.
Read more

Apr 18, 2018

Allianz Africa moves underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan

Casablanca, Abidjan, Paris, April 18, 2018 – Allianz Africa Financial Services, Allianz Group’s Regional Company on the continent, has entirely moved its underwriting center of competence of Francophone Sub-Saharan Africa from Paris to Abidjan with the appointment of Chaka Sougue and Arthur Yao.
Read more

Feb 16, 2018

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.
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Dec 19, 2017

Allianz X invests $96.6 million in leading digital microinsurer B…

Allianz X, the digital investment unit of the Allianz Group, has announced a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America.
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Jul 24, 2017

Africa poised to become digital insurance leader, says Allianz CEO Oliver Bäte

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme "Disrupt, Debate, Deliver". In his speech, Bäte addressed the profound transformation of the insurance industry wrought by digitalization.
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Nov 04, 2016

Marhaba Allianz Morocco!

Allianz strengthens its presence in Africa with the completion of the Zurich Assurances Maroc acquisition.
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