IR releases

Allianz delivers a strong finish to 2020

• Total revenues decreased by 1.3 percent to 140 billion euros in 2020
• 2020 operating profit of 10.8 billion euros incl. negative COVID-19 impact of 1.3 billion euros
• 2020 net income attributable to shareholders down 14.0 percent to 6.8 billion euros
• Strong Solvency II capitalization ratio of 207 percent1  at the end of 2020
• Board of Management proposes a dividend at prior-year level, 9.60 euros per share
• 4Q 2020 total revenues stable year-on-year, 4Q 2020 operating profit up 8.2 percent; 4Q 2020 net income attributable to shareholders down 2.2 percent
• 2021 operating profit target of 12.0 billion euros, plus or minus 1 billion euros

Allianz resolves to call for redemption two subordinated bonds

Allianz resolves to call for redemption two subordinated bonds with nominal value of USD 1.0 billion and EUR 800 million

Allianz agrees to purchase Westpac’s General Insurance business

• Allianz increases its share in the Australian consumer insurance market
• Transaction worth AUD$ 725 million and expected to complete in mid 2021

Allianz Leben profit participation 2021

Allianz Leben today announced the profit participation 2021.

Inaugural restricted tier 1 bond offering in Europe, Asia and the United States with a dual-tranche in EUR and USD

Following the determination of the tax treatment of restricted tier 1 (RT1) instruments by the German Federal Ministry of Finance in October 2020, Allianz SE has today completed the issuance of a dual tranche RT1 bond denominated in US dollars and Euros.

Allianz achieves 2.9 billion euros operating profit in 3Q 2020

• 3Q 2020 net income attributable to shareholders up 5.9 percent to 2.1 billion euros
• 3Q 2020 total revenues decreased by 6.1 percent to 31.4 billion euros, 9M 2020 total revenues slightly down at 104.9 billion euros 
• 9M 2020 operating profit of 7.8 billion euros, rising to 9.1 billion euros excluding COVID-19 impact
• 9M 2020 net income attributable to shareholders decreased 17.6 percent to 5.0 billion euros
• Solvency II capitalization ratio of 192 percent at the end of 3Q 2020

Solvency II: Clarification on taxation enhances capitalization and funding options

No offer – This announcement and the information it contains are not being issued and may not be distributed in the United States of America. This announcement does not constitute an offer of securities for sale in the United States of America or to, or for the account or benefit of, any U.S. person or in any other jurisdiction. The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933 (as amended), and may not be offered or sold in the United States of America or any other jurisdiction absent registration or an applicable exemption from registration.

Changes to the Allianz SE Board of Management

• Barbara Karuth-Zelle to succeed Christof Mascher
• Christopher Townsend to succeed Niran Peiris
• Board mandates of Sergio Balbinot, Giulio Terzariol and Ivan de la Sota extended

Allianz achieves 2.6 billion euros operating profit in 2Q 2020

• 2Q 2020 operating profit of 2.6 billion euros
• 2Q 2020 net income attributable to shareholders down 28.6 percent to 1.5 billion euros
• 6M 2020 total revenues stable at 73.5 billion; in 2Q 2020 total revenues decreased by 6.8 percent to 30.9 billion euros
• 6M 2020 operating profit of 4.9 billion euros
• 6M 2020 net income attributable to shareholders decreased 28.8 percent to 2.9 billion euros
• Good Solvency II capitalization ratio of 187 percent