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The acquisition of minority shares in AGF, the integration of business activities in Italy and new markets were among the most significant topics for Allianz in 2007. The year in review in keywords.
Allianz Group
Munich, Dec 21, 2007
January 1dit and dbi merge to form Allianz Global Investors KAGThe fund company of Allianz in Germany begins operating under the name Allianz Global Investors Kapitalanlagegesellschaft (AllianzGI)more...
January 2Allianz now also active in SloveniaIn line with the EU freedom of services, Austria’s Allianz Elementar has been offering modern private provision and savings products in Slovenia as of 2007. Styria West, an independent Slovenian insurance broker, is taking care of the sales sidemore…
January 18Taiwan: Allianz to take over majority in Allianz President LifeAllianz has agreed with its long-term joint venture partner in Taiwan, the Uni-President Group, to take over President's shareholding in their joint venture "Allianz President Life" (AZPL)more…
January 18-19Winter storm Kyrill hits EuropeWinter storm Kyrill left large areas of Europe with significant damages; the Allianz Group estimates net claims of around 340 million euros before taxesmore…
January 14 to February 25Second series of Allianz Lectures in MunichIn the sequel to the Allianz Cultural Foundation's "Let's talk about Europe"; politicians, authors, artists and scientists once again discuss the future of Europe in front of a sold-out audience at the Munich Bavarian State Theatermore…
February 8Allianz banking agencies launched The first three "Allianz banking agencies" in Germany are open for business; an adviser of Dresdner Bank works side by side with Allianz insurance expertsmore…
February 21Allianz becomes major shareholder of ROSNOTogether with its own stake of approximately 47.4 percent, Allianz now holds approximately 97 percent in ROSNO, one of the top four insurance companies in Russiamore…
March 9Euler Hermes partners with Israel’s leading credit insurerEuler Hermes has acquired one third of the capital of Israel’s leading credit insurance provider ICIC based in Tel Aviv. At the same time, Euler Hermes concluded a partnership with ICIC’s two other shareholders; joint ventures in Dubai and Indonesia followmore…
March 12India: New joint venture for distributing financial productsBajaj Auto and Allianz have agreed on a new joint venture to distribute consumer financial products throughout Indiamore…
March 20Announcement of Allianz Investment ManagementAllianz announces it will form new units in Munich, Milan, Paris, Singapore and Minneapolis to combine the investment activities of the Allianz companiesmore…
April 2EnkelPolice: Allianz Deutschland opens up new product rangeThe Allianz EnkelPolice ("Grandchildren’s Policy") is Allianz's first multi-line insurance product for the generation 55 and over, and offers immediate coverage for illness, extended care, or disabling injury while building capital for the future at the same timemore…
April 10First cat bond ever to cover floodsAllianz Global Corporate & Specialty has closed an innovative catastrophe bond ("cat bond") to transfer the risk of severe floods and earthquakesmore…
April 23"Allianz Moments" underwayThe company presents itself in the most important global financial media with the largest brand campaign ever initiated by the company; local adaptations are presented in 17 countries during the yearmore…
April 30Allianz Cornhill becomes Allianz InsuranceThe UK insurance landscape changes as Cornhill Insurance becomes Allianz Insurance plcmore…
May 2First regular elections for Supervisory Board of Allianz SEThe first Annual General Meeting of Allianz SE elected the twelve members of its Supervisory Board with a large majority. The standard German right to employee participation remainsmore…
May 21Allianz acquires Russian insurer Progress-GarantWith the purchase of all shares belonging to the company's management, Allianz is strengthening its position in the rapidly growing Russian insurance marketmore…
July 1Allianz consolidates its IT infrastructure in Western EuropeAGIS Allianz Dresdner Informationssysteme GmbH will change its name to Allianz Shared Infrastructure Services GmbH (ASIC); the IT-infrastructure units of the Western European Allianz companies will be integrated during the next three yearsmore…
July 10Allianz completes squeeze-out procedure for AGF Having completed the squeeze-out procedure for AGF the AGF shares are no longer listed on the Paris stock exchange Euronext; Allianz henceforth holds 100 percent of the shares in AGFmore…
August 28Major step for Allianz in MalaysiaGeneral Insurance Malaysia Berhad (AGIM) has been successful in its bid for Commerce Assurance Berhad (CAB), the property and casualty insurance arm of Bumiputra Commerce Holdings Berhad (BCHB)more…
September 5Ecologically-aware driving with Allianz and the WWF"ECOmotion" allows environment-friendly drivers to neutralize their CO2 emissions in cooperation with the World Wide Fund for Nature (WWF)more…
September 17Announcing Allianz ArgentinaAGF Allianz Argentina has been renamed to Allianz Argentinamore…
September 24Market entry in KazakhstanAllianz strengthens its position as the leading insurer in the CIS by acquiring 100 percent of the shares in ATF-Polis from ATF-Bankmore…
October 1Allianz SpA starts up in ItalyThe second largest composite insurer in Italy was created with the successful integration of RAS, Lloyd Adriatico and Allianz Subalpina; Allianz SpA will operate under three brands and with three separate sales networksmore…
October 1Middle East third major growth region for AllianzAllianz has established the Middle East as its third major growth region, in addition to Asia Pacific and New Europemore…
October 24Allianz China Life opens Jiangsu branch Allianz China Life operates in six provinces since opening its new branch in Nanjingmore…
October 24Anna Amalia Library to reopenThe historic Anna Amalia Library in Weimar will reopen three years after a devastating fire thanks to the support of the Allianz Cultural Foundationmore…
November 2First Allianz cat bond on European windstormsAllianz successfully closed its first catastrophe bond (cat bond) transaction related to windstorm risks in seven European countriesmore…
December 20Allianz agencies win one million customers for Dresdner BankThe Allianz agencies have won their one-millionth new customer for Dresdner Bankmore…


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