Press and Media

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.
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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.
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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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