Allianz’s finance boss says state must help in “unlikely” event
Allianz’s chief financial officer Helmut Perlet said governments would have to rescue a major European insurer if one collapsed but that it was unlikely to happen, Dow Jones reports.
When asked if the state should intervene in case an insurer really faces a collapse, he said: "That should be answered with a yes, when the collapse of an insurer would trigger a chain reaction."
He said it was “very unlikely”.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
