- Allianz Group provides financial relief to support affected communities in the aftermath of two recent typhoons
- As a major life insurer in the Philippines, Allianz is dedicated to strengthening the long-term resilience and prosperity of its customers, employees, partners, and communities
- Munich, November 28
Allianz SE announced today that it would donate up to 200,000 euros to support disaster relief in the Philippines following the disaster caused by Super Typhoon Fung-wong. It brought torrential rains and destructive winds to the South Philippines in mid-November, causing widespread devastation. The region has already suffered damage from Typhoon Kalmegi. The close timing of the two strong storms compounded the humanitarian crisis and the impact on affected communities. - Allianz is a major life insurer in the Philippines through its local entity Allianz PNB Life. Serving thousands of customers and employees across the Philippines, Allianz acts on its promise to secure the future of its stakeholders in times of need.
- Allianz SE will allocate 100,000 euros to the German Red Cross, which is supporting relief activities in the Philippines together with the Philippine Red Cross to deliver immediate assistance to people most affected by Super Typhoon Fung-wong and earlier storms. In addition, up to 100,000 euros will be donated for post-disaster support, to be deployed in collaboration with its local Allianz operating entities and selected partners. This tranche will focus on disaster prevention and climate resilience, helping communities rebuild and strengthen their preparedness against future events.
- Renate Wagner, Member of the Board of Management of Allianz SE, responsible for Asia Pacific, Mergers & Acquisitions, People and Cultures says: