allianz
Although the number of vessels which sank around the world fell to a record low last year, the threat of piracy is increasing, according to a new report published by German insurance company Allianz Commercial on Wednesday. The annual report on shipping risks stated that only 26 larger vessels sank worldwide last year, a decline of almost a third compared to the year before and a drop of over 70% in a ten-year comparison. According to Allianz Commercial, marine traffic has recently become much safer. However, the threat of piracy is increasing. Last year, there were 120 known pirate attacks wo...
DPA International
Although the number of vessels which sank around the world fell to a record low last year, the threat of piracy is increasing, according to a new report published by German insurance company Allianz Commercial on Wednesday. The annual report on shipping risks stated that only 26 larger vessels sank worldwide last year, a decline of almost a third compared to the year before and a drop of over 70% in a ten-year comparison. According to Allianz Commercial, marine traffic has recently become much safer. However, the threat of piracy is increasing. Last year, there were 120 known pirate attacks wo...
DPA
Although the number of vessels which sank around the world fell to a record low last year, the threat of piracy is increasing, according to a new report published by German insurance company Allianz Commercial on Wednesday. The annual report on shipping risks stated that only 26 larger vessels sank worldwide last year, a decline of almost a third compared to the year before and a drop of over 70% in a ten-year comparison. According to Allianz Commercial, marine traffic has recently become much safer. However, the threat of piracy is increasing. Last year, there were 120 known pirate attacks wo...
DPA Breaking News
Die Zahl der weltweiten Schiffsuntergänge ist nach Zahlen der Allianz auf ein Rekordtief gesunken. Im vergangenen Jahr gingen demnach weltweit nur noch 26 größere Schiffe unter. Das war ein gutes Drittel weniger als im Vorjahr, und im Zehn-Jahres-Vergleich ein Rückgang um über 70 Prozent, wie der Industrieversicherer Allianz Commercial in der neuen Ausgabe seines jährlichen Berichts zu Schifffahrtsrisiken schreibt. Doch neben den aktuellen Kriegen und Konflikten bedroht eine andere alte Gefahr Schiffe und ihre Besatzungen: Piraten. Der Verkehr auf den Weltmeeren ist laut Allianz innerhalb weni...
DPA (German)
Europe's largest insurer Allianz revealed an increase in business volume of more than 5% for the first three months of the year, achieving a double-figure rise in net income for its shareholders. The German firm's net profit was €2.6 billion, 21.8% higher than the year before, with core earnings per share rising to €6.42 from €5.43 last year. Operating profit was up by 6.8% at €4 billion, driven by a stronger than expected result in its property-casualty segment, which benefited from higher prices and relatively benign claims from natural catastrophes and higher investment income. Munich Re st...
Euronews (English)
German insurance giant Allianz has made a surprisingly good start to the year thanks to good business in the property and casualty segment, the company said on Wednesday. In the first quarter, the DAX-listed group achieved an operating profit of almost €4 billion ($4.33 billion), almost 7% more than a year earlier, Allianz said. The net profit attributable to shareholders grew by around 22% to just under €2.5 billion following a burden in the previous year. Allianz performed consistently better than analysts had expected. Chief executive Oliver Bäte believes the insurer is still on course to a...
DPA International
German insurance giant Allianz has made a surprisingly good start to the year thanks to good business in the property and casualty segment, the company said on Wednesday. In the first quarter, the DAX-listed group achieved an operating profit of almost €4 billion ($4.33 billion), almost 7% more than a year earlier, Allianz said. The net profit attributable to shareholders grew by around 22% to just under €2.5 billion following a burden in the previous year. Allianz performed consistently better than analysts had expected. Chief executive Oliver Bäte believes the insurer is still on course to a...
DPA Breaking News
German insurance giant Allianz has made a surprisingly good start to the year thanks to good business in the property and casualty segment, the company said on Wednesday. In the first quarter, the DAX-listed group achieved an operating profit of almost €4 billion ($4.33 billion), almost 7% more than a year earlier, Allianz said. The net profit attributable to shareholders grew by around 22% to just under €2.5 billion following a burden in the previous year. Allianz performed consistently better than analysts had expected. Chief executive Oliver Bäte believes the insurer is still on course to a...
DPA
The Allianz insurance company will allow cars in Germany to be repaired with used spare parts, the Munich-based insurance giant said on Friday. Vehicles between three and eight years old are eligible under the scheme, which should make repairs both more environmentally friendly and cheaper, the insurer said. The DAX-listed company and largest German insurer referred to England, the Netherlands and France, where there have already been regulations promoting the use of reusable parts in car repair shops for several years. "All experts agree: repairing is more sustainable than using new parts," s...
DPA
The Allianz insurance company will allow cars in Germany to be repaired with used spare parts, the Munich-based insurance giant said on Friday. Vehicles between three and eight years old are eligible under the scheme, which should make repairs both more environmentally friendly and cheaper, the insurer said. The DAX-listed company and largest German insurer referred to England, the Netherlands and France, where there have already been regulations promoting the use of reusable parts in car repair shops for several years. "All experts agree: repairing is more sustainable than using new parts," s...
DPA International
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