Global Insurance Leaders Face Growth, Innovation, and Data Security Challenges
Allianz reports record operating profit for the first half of 2025
August 11, 2025
Allianz announced a record operating profit of €8.6 billion for the first half of 2025, up 9.3% compared to the previous year. This financial success was driven by double-digit internal growth across all key segments, particularly in life/health and property/casualty insurance. Business volume grew to €98.5 billion. The company confirmed its full-year outlook, highlighting the resilience and efficiency of its business model.
Allianz Life Insurance Company of North America faces lawsuit over data breach
August 11, 2025
Law firm Levi & Korsinsky, LLP has initiated an investigation and class action lawsuit against Allianz Life Insurance Company of North America over a data breach. The incident, discovered on July 16, 2025, compromised the personal information of 1.4 million clients, financial professionals, and employees. The breach resulted from unauthorized access to a third-party cloud CRM system. The lawsuit alleges that the company failed to adequately protect confidential data, potentially causing long-term harm to those affected.
AXA XL partners up to improve high-value asset protection
August 14, 2025
AXA XL has entered into a partnership aimed at enhancing the protection of high-value assets. This collaboration is part of the company’s strategy to provide customized solutions for specific client segments. The goal is to strengthen competitiveness by offering tailored, technologically advanced solutions.
