Results tagged “allianz”

      

Yesterday afternoon, the Giants and Jets announced it ended talks with Allianz, a German insurance company that was interested in buying stadium naming rights at the new stadium.

As the Giants and Jets consider possible companies to buy naming rights to their new stadium, one serious suitor appears to be German insurance and financial services company Allianz. Some say a 30-year deal could go for $25 million. However, the NY Times' Richard Sandomir has an article about Allianz's "disturbing connections to Nazi Germany. Allianz insured facilities and personnel at concentration camps like Auschwitz and Dachau." It also refused to "pay off the life insurance policies of Jews, and sent cash that was due beneficiaries and survivors to the Nazis. It also became the insurer of Jewish valuables taken by the Nazis."