Allianz to provide life, property and casualty insurance to UniCredit customers in Bulgaria, Croatia, Czech Republic, Hungary, Romania, Slovenia and Slovakia / New partnership strengthens Allianz’s expansion in growing insurance markets
1Q 2018 internal revenues grow 4.9 percent / 1Q 2018 operating profit down 6.0 percent or 176 million euros to 2.8 billion euros, including 142-million-euro negative currency translation effect / 1Q 2018 operating profit at 25 percent of full-year target-range midpoint / 1Q 2018 net income attributable to shareholders up 6.8 percent to 1.9 billion euros due to lower tax charge and lower restructuring charges / Solvency II ratio at strong 225 percent at the end of 1Q 2018 versus 229 percent at end-2017 / 1Q 2018 results put Allianz Group on track to meet its 2018 performance targets
New Board of Management division to assume responsibility for business model transformation and innovation / Move designed to respond to growing expectations among all customer groups regarding intuitive digital solutions
2017 total revenues rise 3.0 percent to 126.1 billion euros / 2017 operating profit up 0.4 percent to 11.1 billion euros / 2017 net income attributable to shareholders down 2.3 percent to 6.8 billion euros / OLB sale, U.S. tax changes, foreign exchange, and natural catastrophes have one-off impact on 4Q results / Third-party net inflows reach record 150 billion euros in 2017, lifting third-party assets under management to 1,448 billion euros / Solvency II capitalization ratio 229 percent at end-2017 compared to 218 percent at end-2016 / Management Board proposes dividend increase of 5.3 percent to 8.00 euros per share, compared to 7.60 euros per share for 2016 / Allianz on track to deliver its three-year Renewal Agenda targets / 4Q 2017 total revenues rise 5.6 percent to 31.7 billion euros, operating profit down 8.0 percent to 2.8 billion euros
Allianz today announces its intention to increase its participation in Euler Hermes through a simplified cash tender offer on 24.20% (1) of Euler Hermes share capital, at the price of 122 euros per Euler Hermes share / Allianz already secured the purchase of 11.34% of Euler Hermes share capital / Continuing active capital management through EPS accretive capital deployment in well-known and strategically core credit insurance business / Unique cash liquidity opportunity for Euler Hermes minority shareholders
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Total 3Q 2017 revenues rise 2.1 percent to 28.3 billion euros / 3Q 2017 operating profit down 17.3 percent to 2.5 billion euros / 3Q 2017 net income attributable to shareholders down 17.3 percent to 1.6 billion euros / 9-month 2017 operating profit up 3.5 percent to 8.3 billion euros / 9-month 2017 net income attributable to shareholders up 4.9 percent to 5.4 billion euros / Solvency II capitalization ratio strengthens to 227 percent at end of 3Q from 219 percent at end of 2Q 2017 / Operating profit for 2017 expected in upper half of the target range of 10.8 billion euros, plus or minus 500 million euros
Allianz Taiwan Life Insurance Co. Ltd today announces that it has reached an agreement to sell a part of its traditional life insurance portfolio to China Life Insurance Co., headquartered in Taipei, Taiwan.
Allianz SE, the international financial services company headquartered in Munich, and its asset management subsidiary, Allianz Global Investors, today announced the successful completion of the sale of Allianz Global Investors Korea to Anbang Group Holdings.
Total 2Q 2017 revenues rise 2.0 percent to 30.0 billion euros / 2Q 2017 operating profit up 22.9 percent to 2.9 billion euros / 2Q 2017 net income attributable to shareholders up 83.4 percent to 2.0 billion euros / All business segments contribute to stronger results in 1H and 2Q 2017 / Solvency II capitalization ratio rises to 219 percent at end of 2Q compared to 212 percent at end of 1Q 2017 / Operating profit for 2017 now expected near the upper end of target range of 10.8 billion euros, plus or minus 500 million euros
Allianz Group and Liverpool Victoria Friendly Society to launch joint venture under the LV= brand name in the UK personal insurance market / LV= branded joint venture will be the UK’s third largest personal insurer with over £1.7 billion annual premium income / Joint venture combines LV=’s excellent brand and reputation in personal insurance with Allianz’s financial strength and technical excellence, and a shared passion for customer service / Allianz will solidify its multi-channel distribution offering in the direct and broker channels in the UK / Transaction will see Allianz initially hold a 49 percent stake in LV=’s General Insurance businesses and LV= a 51 percent stake, in a first step / Allianz to pay LV= £500 million for the 49 percent stake (total transaction valued at £1.020 billion) / Transaction will see Allianz acquire a 69.9 percent stake in long-term joint venture LV= GI / Allianz to pay LV= £213 million by 2019 in the second step for a further 20.9 percent stake in joint venture LV= GI through an agreed, forward purchase / Transaction subject to regulatory approval
Total revenues up 2.5 percent to 36.2 billion euros in 1Q / 1Q operating profit up 9.4 percent to 2.9 billion euros / Net income attributable to shareholders down 15.3 percent to 1.8 billion euros, largely due to one-off gains one year ago from the sale of financial stakes / Solvency II capitalization ratio 212 percent, including deduction of 3 billion euros for share buy-back / Operating profit outlook for 2017 confirmed at 10.8 billion euros, plus or minus 500 million euros
Based on preliminary figures, Allianz Group achieved total revenues for the first quarter of 2017 of 36.2 (first quarter of 2016: 35.4) billion euros. This represents an increase of 2.5 percent compared to the prior-year quarter.
Board of Management becomes more international: Giulio Terzariol and Niran Peiris appointed to the Board of Management as of January 1, 2018 / Dieter Wemmer and Werner Zedelius retire upon reaching the age limit / Sophie Boissard, Michael Diekmann and Herbert Hainer will be put forward for election to the Supervisory Board
Allianz SE has decided to launch a share buy-back program with a volume of up to 3 billion euros as part of a previously announced plan to return unused capital from the group’s external growth budget from the period 2014 to 2016.
Allianz Finance II B.V. calls for redemption in whole the euro 1,400,000,000 4.375% Guaranteed Undated Subordinated Fixed to Floating Rate Callable Bonds of 2005 guaranteed on a subordinated basis by Allianz SE (ISIN: XS0211637839, German Security Code: A0DX0V) effective February 17, 2017, all in accordance with § 4(c) of the Terms and Conditions of the Bonds.
Allianz new insurance partner of HypoVereinsbank from January 1, 2018 / Retail and corporate customers of HypoVereinsbank will benefit from the new product range / Collaboration offers substantial potential for growth at both partners
Total revenues rise 0.5 percent to 27.7 billion euros in 3Q; internal revenue growth of 1.7 percent, adjusted for currencies and consolidation / 3Q operating profit up 18.2 percent at 2.9 billion euros from year-ago / Net income attributable to shareholders up 36.5 percent at 1.9 billion euros in 3Q from year-ago / Combined ratio improves to 93.5 percent in 3Q from 94.1 percent year-ago / Operating profit in Life/Health rises 53 percent in 3Q from year-ago / New business margin resilient at 2.8 percent in 3Q / PIMCO third-party net flows at 4.7 billion euros in 3Q, first positive net flows since 2Q 2013 / Cost-income ratio in Asset Management improves by 2.5 percentage points to 60.8 percent / Solvency II capitalization ratio at 186 percent as of September 30, 2016 / Operating profit outlook for 2016 confirmed at 10.5 billion euros, plus or minus 500 million euros
Total revenues down 2.5 percent to 29.4 billion euros in 2Q; internal revenue growth of 0.4 percent in 2Q, adjusted for currencies and consolidation / 2Q operating profit down 17.2 percent to 2.4 billion euros, impacted by natural catastrophes and exceptional effects / 2Q operating profit in Asset Management stabilizing, assets under management up versus 1Q / Value of new business in Life/Health up 62.2 percent in 2Q, new business margin up to 2.6 percent / Net income attributable to shareholders down 46.0 percent to 1.1 billion euros in 2Q, driven by 352 million euros impact from the expected disposal of South Korea / Solvency II capitalization ratio resilient at 186 percent as of June 30, 2016 / Operating profit outlook for 2016 confirmed within target range of 10.5 billion euros, plus or minus 500 million euros
Emmanuel (Manny) Roman (52) will become Chief Executive Officer at Pacific Investment Management Company LLC (PIMCO), an Asset Management subsidiary of Allianz, as of November 1, 2016. He will take over responsibilities from Douglas (Doug) Hodge (58), who steered PIMCO through a phase of rapid change.
Total revenues down 6.4 percent to 35.4 billion euros / 1Q operating profit fell by 3.5 percent to 2.8 billion euros / Net income attributable to shareholders up 20.5 percent to 2.2 billion euros / Solvency II capitalization eased to 186 percent / Operating profit outlook for 2016 of 10.5 billion euros, plus or minus 500 million euros confirmed
Allianz Taiwan Life Insurance Co. Ltd. has reached an agreement with Taiwan Life Insurance Co. Ltd., headquartered in Taipei, Taiwan, to sell a traditional life insurance portfolio of Allianz Taiwan Life to Taiwan Life Insurance.
Anbang Insurance Group, a global insurance group headquartered in Beijing, China, and Allianz SE jointly announced in South Korea the signing of a sale and purchase agreement by which Allianz Group is to sell Allianz Life Insurance Korea and Allianz Global Investors Korea to Anbang Insurance Group.
Total revenues reach new high of 125.2 billion euros, up 2.4 percent / 2015 operating profit up 3.2 percent to 10.7 billion euros / 4Q operating profit up 14.5 percent to 2.6 billion euros / Solvency II capitalization strong at 200 percent / Board of Management to propose dividend of 7.30 euros per share / Board of Management confident for 2016 – outlook operating profit: 10.5 billion euros, plus/minus 500 million euros
Allianz targets average annual EPS growth of 5 percent through 2018 / Group targets RoE of 13 percent / Allianz sets targets for organizational health, especially customer satisfaction and leadership culture
Nine-month operating profit stable at 8.15 billion euros / Nine-month net income attributable to shareholders up 3.9 percent to 5.20 billion euros / Quarterly operating profit down 7.5 percent to 2.45 billion euros / Quarterly net income attributable to shareholders decreases by 15.4 percent to 1.36 billion euros / Targeted shift in Life product mix improves profitability for new business / Strong Solvency II capitalization of 200 percent
Total revenues rise 2.4 percent to 30.2 billion euros / Operating profit increases 2.6 percent to 2.84 billion euros / Net income attributable to shareholders up 15.0 percent to 2.02 billion euros / Solvency II capitalization increases to 212 percent / Allianz confirms operating profit outlook for 2015 at upper end of target range at 10.8 billion euros
Total revenues of 37.8 billion euros / Operating profit of 2.86 billion euros / Net income attributable to shareholders of 1.82 billion euros / Allianz confirms operating profit outlook for 2015 of 10.4 billion euros, plus/minus 400 million euros
Based on preliminary figures, Allianz Group achieved total revenues for the first quarter of 2015 of 37.8 (first quarter of 2014: 34.0) billion euros. This represents an increase of 11.2 percent compared to the previous year.
Allianz France S.A. calls for redemption in whole the euro 400 million 4.625 percent Fixed to Floating Rate Undated Deeply Subordinated Notes of 2005 (ISIN: FR0010161067, Common Code: 021146927) effective June 10, 2015, in accordance with article 5(b) of the Terms and Conditions of the Bonds.
Revenues up 10.4 percent to 122.25 billion euros / Operating profit grows 3.3 percent to 10.40 billion euros / Net income attributable to shareholders rises 3.8 percent to 6.22 billion euros / New dividend policy leads to proposed dividend of 6.85 euros per share / Operating profit outlook for 2015: 10.4 billion euros, plus/minus 400 million euros
Allianz progresses final element of US property & casualty business reconfiguration / Integration of Fireman’s Fund commercial lines into AGCS creates focus on commercial P&C insurance under Allianz brand / New run-off carrier, San Francisco Re, to manage legacy Fireman’s Fund business
Allianz Finance II B.V. calls for redemption in whole the Euro 1,000,000,000 6.5 percent Guaranteed Subordinated Fixed to Floating Rate Bonds of 2002/2025 guaranteed by Allianz SE (ISIN: XS0159527505 / German Security Code: 377799) effective January 13, 2015, in accordance with § 5(4) of the Terms and Conditions of the Bonds.
Allianz Australia has entered into an agreement with the Government of the Northern Territory to purchase the general insurance business of the Territory Insurance Office (TIO) and enter into a 10 year agreement to manage the Government Motor Accidents Compensation scheme.
Total revenues increase 14.5 percent to 28.78 billion euros / Operating profit up 5.2 percent to 2.65 billion euros / Net income attributable to shareholders grows by 11.2 percent to 1.61 billion euros / Operating profit outlook confirmed: upper end of target range of 10.5 billion euros in reach / New dividend policy increases pay-out ratio to 50 percent of Allianz Group net income
Total revenues rise 10.0 percent to 29.46 billion euros / Operating profit climbs 17.1 percent to 2.77 billion euros / Net income attributable to shareholders up 10.5 percent to 1.76 billion euros / Shareholders’ equity grows by 9.8 percent to 55 billion euros vs. year-end 2013 / Allianz confirms operating profit outlook for 2014 of 10.0 billion euros, plus/minus 0.5 billion euros – upper end of target range in reach
Total revenues of 33.96 billion euros / Operating profit of 2.72 billion euros / Net income attributable to shareholders of 1.64 billion euros / Continued healthy capital position / Allianz confirms operating profit outlook for 2014 of 10.0 billion euros, plus/minus 0.5 billion euros
Based on preliminary figures, Allianz Group achieved total revenues for the first quarter of 2014 of around 34 billion euros, the highest quarterly revenues in the company’s history. Total revenues for the first quarter the year before were 32.0 billion euros.
Feb 27, 2014 |
Revenues up 4.1 percent to 110.8 billion euros / Operating profit grows 7.8 percent to 10.1 billion euros / Net income attributable to shareholders rises 14.6 percent to 6.0 billion euros / Solvency ratio of 182 percent / Proposed dividend of 5.30 euros per share, an increase of 18 percent / Operating profit outlook for 2014: 10.0 billion euros, plus/minus 500 million euros
Revenues stable at 25.1 billion euros / Operating profit of 2.5 billion euros remains at high level / Net income attributable to shareholders rises 6.3 percent to 1.4 billion euros / Outlook: expected 2013 operating profit slightly above target range
Aug 02, 2013 |
Revenues increase 6.3 percent to 26.8 billion euros / Operating profit rises 5.2 percent to 2.4 billion euros / Net income attributable to shareholders grows 26.8 percent to 1.6 billion euros / Allianz confirms operating profit outlook for 2013 of 9.2 billion euros plus/minus 0.5 billion euros – upper end of target range in reach More...
May 15, 2013 |
Total revenues rise 6.6 percent to 32.0 billion euros / Operating profit grows 19.9 percent to 2.8 billion euros / Net income attributable to shareholders up 24.0 percent to 1.7 billion euros / Continued healthy capital position / Allianz confirms operating profit outlook for 2013 of 9.2 billion euros plus/minus 0.5 billion euros More...
Allianz SE announced today that it intends to call for redemption effective June 15, 2013 (the “Redemption Date”) all of its 2,000,000,000 US-dollar 8.375% undated subordinated callable bonds (CUSIP: 018805200; ISIN: US0188052007) (the “Bonds”).
May 07, 2013 |
For the first quarter of 2013, Allianz Group achieved total revenues of around 32 billion euros, based on preliminary figures. This represents an increase of 6.6 percent compared to revenues in the previous year’s first quarter of 30.1 billion euros. More...
Mar 27, 2013 |
15-year exclusive bank distribution agreement with the 4th largest private bank in Turkey / Acquisition of the non-life as well as life and pension businesses of Yapı Kredi in Turkey / Allianz to become the number 1 insurance group in Turkey / Total net consideration of TRY 1,602 million (EUR 684 million)1 / Transaction consistent with Allianz approach to access growth through strategic relationships in high-growth insurance markets More...
Feb 21, 2013 |
Revenues rise 2.7 percent to 106.4 billion euros / Operating profit increases to 9.5 billion euros, achieving raised outlook for 2012 / Net income attributable to shareholders doubles to 5.2 billion euros / Solvency ratio improves to 197 percent / Proposed dividend of 4.50 euros per share at previous year’s level
Jan 28, 2013 |
Allianz SE and HSBC Bank plc have signed a 10-year bancassurance distribution agreement through which HSBC Group companies will distribute Allianz life insurance and pension products in Turkey and other countries in continental Europe as may be agreed.
• Revenues increase in the third quarter by 4.7 percent to 25.2 billion euros
• Operating profit grows by one third to 2.5 billion euros
• Quarterly net income of 1.4 billion euros at high level
• Solvency ratio further improves to 190 percent
• Allianz expects 2012 operating profit to exceed 9 billion euros
Allianz Group achieved an operating profit of 2.5 billion euros in the third quarter 2012 due to a better-than-expected performance across all segments, especially in asset management. Net income rose to 1.4 billion euros in the third quarter.
Revenues increase to 25.2 billion euros / Operating profit rises to 2.4 billion euros / Quarterly net income grows over 20 percent / Strong capital position fortified / Operating profit outlook for 2012 of 8.2 billion euros plus/minus 0.5 billion euros confirmed
Allianz Belgium and the Board of Directors of Mensura CCA (Caisse Commune d'Assurances) have reached an agreement for Allianz Belgium to acquire the insurance activities of Mensura CCA and its subsidiary Mensura Assurances SA.
Allianz France and Groupama have reached a binding agreement for Allianz France to acquire the Property and Casualty brokerage-related activities of Gan Eurocourtage, a Groupama subsidiary. The transaction excludes transport activities. It has been agreed not to disclose the purchase price.
Pursuant to § 21.1 of the German Securities Trading Act (WpHG), anyone who reaches, exceeds or falls below certain voting right thresholds (3%, 5%, 10%, 15%, 20%, 25%, 30%, 50% or 75%) in respect of a domestic issuer as a result of acquisition, sale or for other reasons is obliged to report this to both the issuer and the Federal Financial Supervisory Authority (BaFin) without delay, but within four days at the latest.
Quarterly revenues of 30.1 billion euros stable at high level - Operating profit grows 40.4 percent to 2.3 billion euros - Net income rises 57.9 percent to 1.4 billion euros - Capital position continues to be very strong - Operating profit outlook for 2012 of 8.2 billion euros plus/minus 0.5 billion euros confirmed
Allianz Finance II B.V. calls for redemption in whole the Euro 2,000,000,000 6.125% Guaranteed Subordinated Fixed to Floating Rate Bonds of 2002/2022 guaranteed by Allianz SE (ISIN: XS0148887564, German Security Code: 858420) effective May 31, 2012, in accordance with § 5(4) of the Terms and Conditions of the Bonds.
Allianz sells back junior subordinated debentures and warrants to The Hartford - Sale for aggregate consideration of US$ 2.425 billion - Allianz continues to hold an equity interest of approximately 5 percent in The Hartford
Allianz will accept Greece's offer of a voluntary conversion of Greek sovereign bonds. After thorough discussion, the Board of Management of Allianz SE has found this conversion to be economically viable for the Allianz Group.
Revenues of 103.6 billion euros again surpass mark of 100 billion euros - Stable operating profit of 7.9 billion euros, within target range - Net income of 2.8 billion euros impacted by impairments from Greek sovereign bonds and financial sector investments - Capital position remains strong with solvency ratio of 179 percent - Proposed dividend of 4.50 euros per share remains stable at high level
Deutsche Bank has announced today that it is their intention to propose Dr. Paul Achleitner for election to their Supervisory Board at their next Annual General Meeting at the end of May, 2012 and, subsequently, to elect him as Supervisory Board Chairman of Deutsche Bank.
Stable revenues of 24.1 billion euros - Net income of 258 million euros; heavily impacted by financial market turmoil - Capital position remains resilient - Operating profit outlook for 2011 of 8.0 billion euros plus/minus 0.5 billion euros confirmed
Revenues of 24.6 billion euros and high operating profit of 2.3 billion euros - Property and Casualty insurance and Asset Management strong, Life and Health insurance on track - Net income of 1.1 billion euros, despite current impairments on Greek sovereign bonds - Capitalization remains strong, solvency ratio unchanged at 180 percent - 2011 operating profit target of 8.0 billion euros plus/minus 0.5 billion euros confirmed