Alternative Risk Transfer from the Allianz specialists
Specialist challenges need specialist solutions. And sometimes these solutions go beyond traditional insurance to alternative risk transfer.
Within the Alternative Risk Transfer (ART) business, Allianz provides tailored insurance, reinsurance and other non-traditional risk management solutions for corporate and financial clients worldwide.
We use insurance techniques to create innovative risk management solutions for a wide range of corporate clients. Many of these are large household names with leaders in the energy, construction, pharmaceutical, athletic apparel and many other industries. Premiums tend to be well in excess of EUR 5m per client in the majority of deals.
We specialise in building customised long-term agreements covering a broad range of risks: In many cases, these are multi-year and multi-line arrangements. Our offerings complement those provided by Allianz Global Corporate & Specialty (AGCS), the leading insurer for corporate and specialty risks within the Allianz Group. We work closely with AGCS to produce joint solutions for our clients and to leverage upon the global network of the Allianz Group. Our activities span the globe.
Insurance Linked Markets
Insurance Linked Markets (ILM) is a crossover specialty, focused on the convergence between insurance and capital markets.
The ILM market involves structuring of insurance risks into a form that is acceptable to capital market investors. In essence these structures transform insurance exposures, mainly event driven exposures such as earthquakes and hurricanes, into an investment product accessible to an investor.
We act in many capacities in this value chain: as structurer and sponsor of Catastrophe Bonds, broking private placements between Allianz and capital market investors, as a transformer between financial and insurance execution formats and as an investor.
This division of ART is dedicated to the underlying exposures of insurance and reinsurance companies outside the Allianz Group and complements the efforts of Allianz Re, which utilizes ILM products alongside traditional reinsurance placements of Allianz exposures.
Our reinsurance arm provides bespoke risk transfer solutions for insurance and reinsurance companies. We serve tens rather than hundreds of clients – but for each of these, we provide highly specialist boutique services often not available in the traditional market. We will consider many classes of business and territories and our product range includes prospective products such as structured quota shares, structured whole account covers, and structured per risk covers. We will also consider retroactive products such as loss portfolio transfers.
In addition to structured solutions, we also look opportunistically at dislocated areas of the market where capacity is in short supply for whatever reason.
Our Climate Solutions division helps clients protect against weather effects negatively impacting financial performance or interrupting or delaying business operations. The protection is tailored to the client’s needs and can be structured in insurance or financial product form depending upon the regulatory requirements in the relevant jurisdiction.
The weather business is global and deals with companies in any industry sector which is exposed to temperature, rain, snow or wind risks. These solutions may result in improvement of creditworthiness and favorable financing terms. Additionally, this division is responsible for the crop insurance business in the Americas.
Our teams are based in Liechtenstein (headquarters), Bermuda, London, New York and Zurich. Please download a brochure for full information on our alternative risk transfer services.