Allianz

[trueblue1234]

https://www.palestine-studies.org/en/node/1657136

The top insurers featured in the report include Allianz, Aviva, AXA, Zurich Insurance Group, and RSA (Intact), all of which have contributed a total of $1.7 billion across 15 companies involved in Israeli militarism...

Among the five financial institutions, Aviva is reportedly the largest investor, with over $880 million invested in arms manufacturers including BAE Systems, Boeing, and Caterpillar, all of which sell large weapons and military equipment to Israel...

According to the report, Aviva and Allianz respectively account for 51% and 26% of the total investments across all five insurers. Zurich and AXA each accounted for over 10% of overall investments, and RSA (Intact) over 1%. "These investments enabled the genocide in Gaza, continue to sustain violent ethnic cleansing and colonisation of Palestine and facilitate the development and deployment of lethal weaponry around the world," the report reads.

I don't believe (to best of my knowledge) any of the other insurance companies mentioned went in heavy on the Israeli "war bonds". That's a significant difference, in my opinion at least. The rest have invested in companies for financial gain. But Allianz invested in bonds issued by Israel to fund the increase in defence spending after 7th Oct 2023. That's directly funding their war effort.
I do agree the insurance industry is riddled with poor ethics and finding a clean pair of hands would be challenging. But I think the level of involvement by Allianz should rule them out with anything to do with the GAA.

[mackers]

" – Speculating that if insurance from the sponsor was unavailable meant the GAA had to shut down, would that be acceptable?

This isn't a serious contribution.

There are 178 insurance companies operating in Ireland. Pick from the other 177.

Do you have any specific knowledge that any of these 177 companies wish to insure the GAA? And are in no way associated with something up to and including genocide that GAA members will not object to?
If the answer isn't yes then your contribution isn't serious.
If insurance is not economically viable for companies they won't offer the product.

I'm sure they won't turn down the business ffs

I'm in the unfortunate position of having worked in insurance for 30 odd years and I can tell you if insurers don't like the risk they will turn down the business.  I'd be sceptical enough about the figure of 177 companies operating in Ireland but I'd say the fact that there is a need for cover across the border will rule out the vast majority of them.  There would only be a small number that will cover both property risk as well as liability (public and employer's).  Add in the fact that the policy (specifically the Player Injury Fund) would face a heavy enough claims load there will only be a small number of companies interested.  To throw out a line to say "just use one of the other 177 companies" is nonsense.

[RedHand88]

" – Speculating that if insurance from the sponsor was unavailable meant the GAA had to shut down, would that be acceptable?

This isn't a serious contribution.

There are 178 insurance companies operating in Ireland. Pick from the other 177.

Do you have any specific knowledge that any of these 177 companies wish to insure the GAA? And are in no way associated with something up to and including genocide that GAA members will not object to?
If the answer isn't yes then your contribution isn't serious.
If insurance is not economically viable for companies they won't offer the product.

I'm sure they won't turn down the business ffs

I'm in the unfortunate position of having worked in insurance for 30 odd years and I can tell you if insurers don't like the risk they will turn down the business.  I'd be sceptical enough about the figure of 177 companies operating in Ireland but I'd say the fact that there is a need for cover across the border will rule out the vast majority of them.  There would only be a small number that will cover both property risk as well as liability (public and employer's).  Add in the fact that the policy (specifically the Player Injury Fund) would face a heavy enough claims load there will only be a small number of companies interested.  To throw out a line to say "just use one of the other 177 companies" is nonsense.

This is the first sensible post I've seen on this. I had a feeling the two jurisdictions issue would be a sticking point, but it's good to hear it confirmed by someone actually in the business.
How linked are Allianz Ireland with PIMCO who invested in Israeli treasury bonds?

[trueblue1234]

There's a lot less underwriter agencies than insurers. Think closer to 20-25 for Ireland I believe. They're the ones who are assessing the risk, setting prices etc.
* Had the pleasure of a few years in this area myself, albeit not recently.

[Baile Brigín 2]

" – Speculating that if insurance from the sponsor was unavailable meant the GAA had to shut down, would that be acceptable?

This isn't a serious contribution.

There are 178 insurance companies operating in Ireland. Pick from the other 177.

Do you have any specific knowledge that any of these 177 companies wish to insure the GAA? And are in no way associated with something up to and including genocide that GAA members will not object to?
If the answer isn't yes then your contribution isn't serious.
If insurance is not economically viable for companies they won't offer the product.

I'm sure they won't turn down the business ffs

I'm in the unfortunate position of having worked in insurance for 30 odd years and I can tell you if insurers don't like the risk they will turn down the business.  I'd be sceptical enough about the figure of 177 companies operating in Ireland but I'd say the fact that there is a need for cover across the border will rule out the vast majority of them.  There would only be a small number that will cover both property risk as well as liability (public and employer's).  Add in the fact that the policy (specifically the Player Injury Fund) would face a heavy enough claims load there will only be a small number of companies interested.  To throw out a line to say "just use one of the other 177 companies" is nonsense.

I wasn't suggesting that all 178 insurance companies operating in Ireland are direct options.

But equally it is literally mental to suggest that if the GAA pull the sponsorship, Allianz will pull the insurance and the GAA will have to cease operations, which was the argument I was responding to.

[mackers]

Don't get me wrong, in a perfect world, I wouldn't have Allianz about the place.  The sponsorship and the insurance cover should be separate matters here but the general membership don't have the full picture.  I don't like commenting on stuff that I don't have the full picture of.

I was just responding to comments that were way off the mark with regard to the insurance cover. 

[tonto1888]

If Jarlath Burns and Tom Ryan were receiving secret payments from Allianz to ensure they didn't tear up the deal?

Yes. 100% absolutely, unequivocally, yes.

If you think otherwise you're a f**king muppet.

"Surely likely maybe"

Have a f**king word with yourself.

Is the wife still bullying you or why are you so angry all the time?

bold of you to assumes its old enough to be married

How's that 50 quid worth of diesel joke going for you? Absolute f**king eejit 

cant argue with that assessment haha

[oakleafgael]

" – Speculating that if insurance from the sponsor was unavailable meant the GAA had to shut down, would that be acceptable?

This isn't a serious contribution.

There are 178 insurance companies operating in Ireland. Pick from the other 177.

Do you have any specific knowledge that any of these 177 companies wish to insure the GAA? And are in no way associated with something up to and including genocide that GAA members will not object to?
If the answer isn't yes then your contribution isn't serious.
If insurance is not economically viable for companies they won't offer the product.

I'm sure they won't turn down the business ffs

I'm in the unfortunate position of having worked in insurance for 30 odd years and I can tell you if insurers don't like the risk they will turn down the business.  I'd be sceptical enough about the figure of 177 companies operating in Ireland but I'd say the fact that there is a need for cover across the border will rule out the vast majority of them.  There would only be a small number that will cover both property risk as well as liability (public and employer's).  Add in the fact that the policy (specifically the Player Injury Fund) would face a heavy enough claims load there will only be a small number of companies interested.  To throw out a line to say "just use one of the other 177 companies" is nonsense.

Unless it has changed fairly recently, the Player Injury Fund is not underwritten by any insurance policy.

[GTP]

I wasn't suggesting that all 178 insurance companies operating in Ireland are direct options.

But equally it is literally mental to suggest that if the GAA pull the sponsorship, Allianz will pull the insurance and the GAA will have to cease operations, which was the argument I was responding to.

It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship very easily, an argument I find dishonest.
It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship and insurance very easily, an argument I find dishonest.
If the GAA is disassociating itself from the sponsor, it would surely have to stop doing business with them i.e. refuse or revoke the insurance with them. The sponsor would not be pulling the insurance the GAA would be. Or perhaps it is acceptable to pay for services from genocide enablers but refuse to take their money for sponsorship.

[Baile Brigín 2]

I wasn't suggesting that all 178 insurance companies operating in Ireland are direct options.

But equally it is literally mental to suggest that if the GAA pull the sponsorship, Allianz will pull the insurance and the GAA will have to cease operations, which was the argument I was responding to.

It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship very easily, an argument I find dishonest.
It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship and insurance very easily, an argument I find dishonest.
If the GAA is disassociating itself from the sponsor, it would surely have to stop doing business with them i.e. refuse or revoke the insurance with them. The sponsor would not be pulling the insurance the GAA would be. Or perhaps it is acceptable to pay for services from genocide enablers but refuse to take their money for sponsorship.

There will be consequences. But I don't see them as unmanageable.

But it is nonsense to suggest no other potential sponsors exist.

It is nonsense to suggest that if the GAA end the sponsorship that Allianz will immediately end the insurance.

It is also nonsense to suggest that there are no other insurance options out there.

You are buying Jarlaths bullshit.

[RedHand88]

I wasn't suggesting that all 178 insurance companies operating in Ireland are direct options.

But equally it is literally mental to suggest that if the GAA pull the sponsorship, Allianz will pull the insurance and the GAA will have to cease operations, which was the argument I was responding to.

It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship very easily, an argument I find dishonest.
It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship and insurance very easily, an argument I find dishonest.
If the GAA is disassociating itself from the sponsor, it would surely have to stop doing business with them i.e. refuse or revoke the insurance with them. The sponsor would not be pulling the insurance the GAA would be. Or perhaps it is acceptable to pay for services from genocide enablers but refuse to take their money for sponsorship.

There will be consequences. But I don't see them as unmanageable.

But it is nonsense to suggest no other potential sponsors exist.

It is nonsense to suggest that if the GAA end the sponsorship that Allianz will immediately end the insurance.

It is also nonsense to suggest that there are no other insurance options out there.

You are buying Jarlaths bullshit.

What other options are there? Did you speak to any of them to test the waters? What was the feedback?

[GTP]

I wasn't suggesting that all 178 insurance companies operating in Ireland are direct options.

But equally it is literally mental to suggest that if the GAA pull the sponsorship, Allianz will pull the insurance and the GAA will have to cease operations, which was the argument I was responding to.

It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship very easily, an argument I find dishonest.
It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship and insurance very easily, an argument I find dishonest.
If the GAA is disassociating itself from the sponsor, it would surely have to stop doing business with them i.e. refuse or revoke the insurance with them. The sponsor would not be pulling the insurance the GAA would be. Or perhaps it is acceptable to pay for services from genocide enablers but refuse to take their money for sponsorship.

There will be consequences. But I don't see them as unmanageable.

But it is nonsense to suggest no other potential sponsors exist.

It is nonsense to suggest that if the GAA end the sponsorship that Allianz will immediately end the insurance.

It is also nonsense to suggest that there are no other insurance options out there.

You are buying Jarlaths bullshit.

I have said the GAA should be clearer on what the consequences of removing the sponsorship and or insurance would be. And whilst respecting your right to an opinion, on balance I would be more inclined to believe the GAA who have more facts than you.

[Baile Brigín 2]

I wasn't suggesting that all 178 insurance companies operating in Ireland are direct options.

But equally it is literally mental to suggest that if the GAA pull the sponsorship, Allianz will pull the insurance and the GAA will have to cease operations, which was the argument I was responding to.

It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship very easily, an argument I find dishonest.
It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship and insurance very easily, an argument I find dishonest.
If the GAA is disassociating itself from the sponsor, it would surely have to stop doing business with them i.e. refuse or revoke the insurance with them. The sponsor would not be pulling the insurance the GAA would be. Or perhaps it is acceptable to pay for services from genocide enablers but refuse to take their money for sponsorship.

There will be consequences. But I don't see them as unmanageable.

But it is nonsense to suggest no other potential sponsors exist.

It is nonsense to suggest that if the GAA end the sponsorship that Allianz will immediately end the insurance.

It is also nonsense to suggest that there are no other insurance options out there.

You are buying Jarlaths bullshit.

I have said the GAA should be clearer on what the consequences of removing the sponsorship and or insurance would be. And whilst respecting your right to an opinion, on balance I would be more inclined to believe the GAA who have more facts than you.

The same GAA who claimed Allianz hadn't invested in war bonds?

[trueblue1234]

I wasn't suggesting that all 178 insurance companies operating in Ireland are direct options.

But equally it is literally mental to suggest that if the GAA pull the sponsorship, Allianz will pull the insurance and the GAA will have to cease operations, which was the argument I was responding to.

It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship very easily, an argument I find dishonest.
It certainly read like you were suggesting 178 alternatives existed.
Also, do you know what the effect of Allianz pulling insurance would be on the GAA? My post was speculative as I admit to having no knowledge of the consequences. Whereas you paint the picture that everything will be perfectly OK and the GAA could get out of the sponsorship and insurance very easily, an argument I find dishonest.
If the GAA is disassociating itself from the sponsor, it would surely have to stop doing business with them i.e. refuse or revoke the insurance with them. The sponsor would not be pulling the insurance the GAA would be. Or perhaps it is acceptable to pay for services from genocide enablers but refuse to take their money for sponsorship.

There will be consequences. But I don't see them as unmanageable.

But it is nonsense to suggest no other potential sponsors exist.

It is nonsense to suggest that if the GAA end the sponsorship that Allianz will immediately end the insurance.

It is also nonsense to suggest that there are no other insurance options out there.

You are buying Jarlaths bullshit.

I have said the GAA should be clearer on what the consequences of removing the sponsorship and or insurance would be. And whilst respecting your right to an opinion, on balance I would be more inclined to believe the GAA who have more facts than you.

Your not asking why the GAA haven't been clearer given the flack they're getting? If you had tried different options would you not want to demonstrate this? Show everything to show how your hands are tied?
It's a fairly standard business assumption to assume there will be other sponsors and other insurance companies. If that's not the case, explain it. Show you've done everything possible to try and detangle Allianz from the GAA.

[Rossfan]

https://www.gaa.ie/my-gaa/administrators/insurance-policies