Tag #Allianz

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faz.net

🌐 75% Global Worthiness

Sep 13, 16:17

Allianz Appoints EY as Auditor Despite Wirecard Scandal

The Allianz supervisory board will propose EY as its new auditor starting in 2027, marking EY's return to the financial sector after its involvement in the Wirecard scandal.

Allianz Appoints EY as Auditor Despite Wirecard Scandal

The Allianz supervisory board will propose EY as its new auditor starting in 2027, marking EY's return to the financial sector after its involvement in the Wirecard scandal.

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What factors contributed to EY's selection despite its controversial past?

EY's ban from the APAS will end in March 2026, making them eligible to apply for new mandates. The Allianz supervisory board likely considered this, along with EY's potential qualifications, in making their decision. The choice also reflects the limited pool of available large auditing firms.

cbsnews.com

🌐 85% Global Worthiness

Jul 27, 01:14

Allianz Life Data Breach Impacts Majority of 1.4 Million Customers

On July 16, 2024, a malicious actor used social engineering to breach a third-party cloud system used by Allianz Life Insurance, gaining access to the personal data of most of its 1.4 million customers; Allianz Life reported the breach to authorities and is providing affected individuals with two ye...

Allianz Life Data Breach Impacts Majority of 1.4 Million Customers

On July 16, 2024, a malicious actor used social engineering to breach a third-party cloud system used by Allianz Life Insurance, gaining access to the personal data of most of its 1.4 million customers; Allianz Life reported the breach to authorities and is providing affected individuals with two ye...

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Peace, Justice, and Strong Institutions

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What was the extent of the data breach at Allianz Life Insurance, and what immediate actions did the company take?

On July 16, 2024, hackers accessed a third-party cloud system used by Allianz Life Insurance, compromising the personal data of most of its 1.4 million customers. The breach involved personally identifiable information and was achieved through social engineering. Allianz Life immediately responded, notified authorities including the FBI, and is offering affected individuals two years of identity theft protection and credit monitoring.

dailymail.co.uk

🌐 85% Global Worthiness

Jul 27, 07:11

Data Breach at Allianz Life Exposes Data of Most Customers

Allianz Life Insurance Company experienced a data breach on July 16, 2024, exposing the personally identifiable information of the majority of its 1.4 million customers due to a malicious threat actor exploiting a third-party cloud-based system using a social engineering technique; the company is of...

Data Breach at Allianz Life Exposes Data of Most Customers

Allianz Life Insurance Company experienced a data breach on July 16, 2024, exposing the personally identifiable information of the majority of its 1.4 million customers due to a malicious threat actor exploiting a third-party cloud-based system using a social engineering technique; the company is of...

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Peace, Justice, and Strong Institutions

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What was the extent of the data breach at Allianz Life Insurance Company, and what immediate actions did the company take?

On July 16, 2024, hackers compromised a third-party cloud system used by Allianz Life Insurance Company, accessing personally identifiable data of most of its 1.4 million customers, along with some financial professionals and employees. The breach involved a social engineering technique, and Allianz Life immediately notified the FBI and other authorities, offering affected individuals two years of identity theft protection and credit monitoring.

kathimerini.gr

🌐 85% Global Worthiness

Feb 6, 16:14

Greece's Pension System: Sustainability Amidst Demographic Crisis

Allianz's Global Pension Report reveals that Greece's pension system, while showing improved sustainability (score 2.9), faces a critical challenge from its rapidly aging population, with the old-age dependency ratio projected to increase from 38% to 65% within 25 years.

Greece's Pension System: Sustainability Amidst Demographic Crisis

Allianz's Global Pension Report reveals that Greece's pension system, while showing improved sustainability (score 2.9), faces a critical challenge from its rapidly aging population, with the old-age dependency ratio projected to increase from 38% to 65% within 25 years.

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Reduced Inequality

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What are the most pressing challenges facing the Greek pension system, and what are the immediate implications?

The Greek pension system, reformed after the Eurozone crisis, shows a sustainability score of 2.9 (out of 7, overall score 3.5) according to Allianz's Global Pension Report. However, rapidly worsening demographics, with the old-age dependency ratio projected to rise from 38% to 65% in 25 years, pose a significant challenge.

forbes.com

🌐 85% Global Worthiness

Sep 7, 01:18

Allianz Life Data Breach Exposes 1.4 Million Customers, Leading to Class-Action Lawsuits

A data breach at Allianz Life potentially exposed the personal information of 1.4 million individuals, prompting two class-action lawsuits alleging delayed notification and inadequate cybersecurity measures.

Allianz Life Data Breach Exposes 1.4 Million Customers, Leading to Class-Action Lawsuits

A data breach at Allianz Life potentially exposed the personal information of 1.4 million individuals, prompting two class-action lawsuits alleging delayed notification and inadequate cybersecurity measures.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the Allianz Life data breach?

The breach exposed the personal data of 1.4 million individuals, increasing their risk of identity theft. Two class-action lawsuits have been filed, alleging Allianz's failure to provide timely notification and implement sufficient cybersecurity measures. This has resulted in potential financial penalties and demands for improved security practices.

abcnews.go.com

🌐 85% Global Worthiness

Jul 27, 04:10

Data Breach at Allianz Life Impacts Most of 1.4 Million Customers

Allianz Life Insurance Company confirmed a data breach on July 16, 2024, impacting the majority of its 1.4 million customers due to a third-party cloud system compromise via social engineering; the company is offering affected individuals 24 months of identity theft protection and credit monitoring.

Data Breach at Allianz Life Impacts Most of 1.4 Million Customers

Allianz Life Insurance Company confirmed a data breach on July 16, 2024, impacting the majority of its 1.4 million customers due to a third-party cloud system compromise via social engineering; the company is offering affected individuals 24 months of identity theft protection and credit monitoring.

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28% Bias Score

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What specific personal data of Allianz Life customers was compromised, and what immediate steps is the company taking to address the breach?

On July 16, 2024, hackers compromised a third-party cloud system used by Allianz Life Insurance Company, accessing personal data of most of its 1.4 million customers. The breach involved personally identifiable information and was achieved through social engineering. Allianz Life immediately responded, notified authorities including the FBI, and is offering affected individuals two years of identity theft protection.

sueddeutsche.de

🌐 75% Global Worthiness

Feb 28, 19:10

Allianz Increases Dividend, Raises Premiums Amid Inflation

Allianz announced a 12% dividend increase to €15.40 per share and a €2 billion share buyback, while simultaneously raising German auto, building, liability, and accident insurance premiums by 7.6% due to inflation and increased damage claims.

Allianz Increases Dividend, Raises Premiums Amid Inflation

Allianz announced a 12% dividend increase to €15.40 per share and a €2 billion share buyback, while simultaneously raising German auto, building, liability, and accident insurance premiums by 7.6% due to inflation and increased damage claims.

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Reduced Inequality

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How does inflation and increased damage claims affect Allianz's pricing strategy and profitability?

The dividend increase and share buyback reflect Allianz's strong financial performance. However, premium increases are a direct response to inflation, increased repair costs (e.g., tripled hourly rates in some workshops), and greater damage from weather events. This highlights the tension between shareholder returns and customer affordability.

german.china.org.cn

🌐 75% Global Worthiness

Dec 10, 13:11

"Allianz Invests in Chinese Pension Insurance Company, Highlighting China's Financial Opening"

"Allianz Global Investors GmbH invested \$39 million in Guomin Pension & Insurance Co., acquiring a 2% stake, reflecting China's growing financial openness and attracting further foreign investment into the pension insurance sector."

"Allianz Invests in Chinese Pension Insurance Company, Highlighting China's Financial Opening"

"Allianz Global Investors GmbH invested \$39 million in Guomin Pension & Insurance Co., acquiring a 2% stake, reflecting China's growing financial openness and attracting further foreign investment into the pension insurance sector."

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Decent Work and Economic Growth

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"What is the significance of Allianz's investment in a Chinese pension insurance company for global financial markets?"

"Allianz Global Investors, a German firm, invested \$39 million in Guomin Pension & Insurance Co., a new Chinese pension insurance company, acquiring a 2% stake. This signifies China's increasing financial openness to foreign investment. The deal follows China's recent efforts to further open its financial sector.", "This investment reflects China's proactive steps toward greater financial integration with the global economy. The approval highlights the growing confidence in China's long-term economic prospects, attracting more foreign capital to its pension market.", "This marks a notable trend of increased foreign investment in China's financial sector, indicating a strategic shift toward greater international collaboration. The ongoing regulatory changes and supportive policies suggest further increases in foreign investment in the future."

Showing 1 to 8 of 8 results