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Allianz Ukraine keeps insurance licenses after favorable Expert Appeal Council decision
Today, 22nd of March 2016, the Expert Appeal Council of the State Regulatory Authority (SRA) granted appeal to Allianz Ukraine overriding the earlier decision by insurance regulator Natzkomfinposlug’s to withdraw Allianz’ licenses No 3530 dated 31.12.2015.
Earlier this month, Allianz Ukraine had successfully registered its new…
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Appeal process on Allianz Ukraine licenses in progress
Today, 29th of February 2016, the Expert Appeal Council of State Regulatory Authority (SRA) voted to postpone to the next session their review of Allianz Ukraine’s appeal of Natzkomfinposlug’s decision to withdraw Allianz’ licenses No 3530 dated 31.12.2015.
SRA is thus granting Allianz Ukraine’s new shareholders…
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Appeal process on Allianz Ukraine licenses continues
Today, 26th of January 2016, the Expert Appeal Council of State Regulatory Authority (SRA) voted to postpone the consideration of appeal of Allianz Ukraine on the decision of Natzkomfinposlug to withdraw Allianz Ukraine’s licenses No 3530 dated 31.12.2015.
As Allianz previously announced, the insurance regulator Natzkomfinposlug applied…
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Allianz Ukraine to appeal licensing decision of Ukraine Insurance Regulator
Ukraine’s insurance regulator Natzkomfinposlug decided on December 31, 2015, to apply a law “On licensing of economic activities” literally and issued a decision to revoke the licenses of Allianz Ukraine on the grounds that Allianz Ukraine is considered Russian-controlled.
Allianz Ukraine's original shareholders include…
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Andrii Muzhuk to become new Allianz Ukraine CEO from January 1st 2015
The CEO mandate of Garry Andreasyan will end by December 31st of this year. Andrii Muzhuk, who is currently Chief Sales Officer of Allianz Ukraine, will take on the role of the CEO of the company starting January 1st 2015.
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Allianz Ukraine to focus on corporate and international business
Allianz Ukraine has decided to focus its business in future on commercial and international business lines. These business lines include property, liability and cargo insurance in the segment of large corporate clients.
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Allianz report reveals top causes of loss for businesses
- Largest financial losses come from ship groundings, fires, aviation crashes, earthquakes and storms.
- Cost of 20 largest non-natural catastrophe incidents totalled approximately €5.9 billion (US$8.1 billion) in 2013.
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In the first half-year of 2014 Allianz Ukraine Insurance Company maintains business growth rate at the level of 30 percent
In the first half-year of 2014 gross premiums written (GPW) of Allianz Ukraine amounted to UAH 127.6 million compared to UAH 97.7 million in the respective period of 2013 which corresponds to an increase of 30.65 percent. For the third quarter in the row motor insurance remains the main driver of portfolio growth (+224 percent).
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Allianz reports strong second quarter results and confirms full year outlook
Allianz Group achieved strong results in the second quarter of 2014. Total quarterly revenues increased 10.0 percent to 29.46 (second quarter of 2013: 26.78) billion euros.
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Allianz expands award-winning “Allianz Family of Stadiums”
As the world is gearing up for the World Football fever in Brazil, Allianz has expanded the award-winning “Allianz Family of Stadiums” by partnering and branding a new stadium in Vienna: the home of the football club SK Rapid will be rebuilt and will become a new “Allianz Stadion”.
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