Net income of 1.5 billion euros – Half-year operating profit of 4 billion euros – Diekmann: "We have delivered a solid performance despite the tough market environment."

Operating profit of 1.86 billion euros achieved – Markdowns of 845 million euros in ABS trading book – Realized gains deliberately kept low; net harvesting 1.8 billion euros below first quarter 2007 – Perlet: "We remain optimistic about the medium term, as the fundamentals of our business are in very good shape."

Allianz Group expects mark-downs of almost 0.9 billion euros for the first quarter 2008, which will have to be accrued in the area of structured financial products of Dresdner Bank due to the ongoing financial market crisis. Allianz estimates an operating profit of a solid 1.8 billion euros for the first three months of 2008, after 2.9 billion euros in the first quarter of 2007.

Allianz and Koç have signed a share purchase agreement regarding the stakes in Koç Allianz Sigorta and Koç Allianz Hayat ve Emeklilik, currently held by Koç Holding AŞ and related parties.

Based on initial findings, the Allianz Group estimates that net claims before taxes following storm "Emma" will be above the 200 million euros mark. Damages are less severe than those caused by last year's storm "Kyrill" (1). The amount of claims is within expectations, based on Allianz’s risk modelling systems.

Net income increases strongly by 13.5% to 8 billion euros - Operating profit climbs to 10.9 billion euros - 45% dividend increase to 5.50 euros to be proposed at AGM

Operating profit further increased to more than 10.8 billion euros, net income grows to 8 billion euros.

Allianz SE’s subsidiary Allianz Deutschland AG has signed contracts via an investment management company regarding the acquisition of further shares in Allianz Lebensversicherungs-AG.

Not for distribution in the US, Canada, Australia and Japan

Aberdeen builds on an established presence in Germany and reinforces its position as a leading property fund manager in the European market, while DEGI finds the right international partner for its continued growth.

Following the sale of a tranche of properties to IVG in August 2007, Allianz Immobilien GmbH has now sold a further portfolio of commercial property worth some EUR 1.7 billion to subsidiaries of the Whitehall Funds, real estate funds sponsored and managed by Goldman Sachs.

The Allianz Group increased quarterly net income by 20.7 percent to 1.92 billion euros – Operating profit amounted to 2.60 billion euros – Perlet: "The stable operating result shows that we will achieve our earnings targets for 2007 despite the difficult capital market environment. We will continue to pursue our policy of robust risk management, as well as enhance the quality and efficiency in all lines of business."

Allianz strengthens its role as leading CIS insurance player.

The Supervisory Board of Allianz SE has appointed today Oliver Bäte (42) to the Board of Management of Allianz SE as of January 1, 2008. Bäte will take the newly-created position as Chief Operating Officer.

The Allianz Group increased operating profit by 17.7 percent to 3.3 billion euros – Quarterly net income amounted to 2.1 billion euros. Diekmann: “We have increased our operating profit for the first half of 2007 to 6.2 billion euros, from 5.5 billion euros for the first half-year of 2006. We now have an excellent basis for realizing our forecast for the year.”

Due to recent questions raised by media and investors Allianz informs about its investments in CDOs (Collaterized Debt Obligations) and CLOs (Collaterized Loan Obligations):

In accordance with a resolution passed by the Annual General Meeting, Dresdner Bank AG has bought back own shares from Allianz Beteiligungsgesellschaft-GmbH, thus reducing its equity by €1.15 billion.

On July 10, Allianz has completed the squeeze-out procedure for AGF. With this, the AGF shares are no longer listed on the Paris stock exchange Euronext. The delisting is the final formal step of the squeeze-out procedure that Allianz SE and its subsidiary Allianz Holding France SAS announced on April 27, 2007.

Next step into the promising Russian insurance market

Following the announcement of the French stock market authority Autorité des Marchés Financiers (AMF) on April 27, 2007 that minority shareholders held less than 5% of the shares and voting rights of AGF as a result of the tender offer, Allianz SE and its subsidiary Allianz Holding France SAS have now confirmed that a squeeze-out will be launched on AGF’s shares still held by minority shareholders.