Allianz
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Simon McGinn joined Allianz in 2004 and was made CEO of Allianz Commercial in 2021. -
A variety of challenges remain, including the operation of Russia’s ‘shadow fleet’ for oil transport.
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After founder members Axa and Allianz dealt a potentially terminal blow to the Net-Zero Insurance Alliance by withdrawing, the NZIA is exploring limited options to continue.
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Sompo is the eighth major insurer to leave the NZIA, casting even further doubt on its future as remaining members explore options around whether to continue.
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Both Axa and Allianz said their own targets on sustainability and reducing emissions remain unchanged.
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De la Cuerda will oversee Allianz’s commercial unit in Spain and Portugal, reporting to both Allianz Spain CEO Veit Stutz and AGCS chief regions officer Henning Haagen.
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AGCS reported an 11% improvement to operating profit, reaching EUR202mn.
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The carrier made the statement following a news report which said it was renewing the policy.
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The carrier has confirmed single leaders for each of its four largest P&C commercial markets in the UK, France, Germany and Australia.
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Sang Hun Park previously spent nine years at Allianz before joining Munich Re as a senior origination manager in August 2021.
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The MGA provides coverage to SMEs in the food, hospitality, leisure and hotel sectors.
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Ross Taylor headed the Liberty Specialty Markets marine liability book, which was placed into run-off earlier this year.
