IR releases

Allianz enters reinsurance agreement with Resolution Life and affiliates of Sixth Street for its US fixed index annuity portfolio; transaction to unlock USD 4.1 billion in value

• Allianz Life reinsures USD 35 billion of liabilities of fixed index annuity book in one of the largest transactions of its kind
• Agreement underscores shared values of flexibility, ability to scale, risk management, and commitment to policyholders
• Transaction expected to improve return on equity and strengthen regulatory capital position for Allianz Group
• Allianz Life will continue to expand its leadership position as a premier U.S. annuity and life insurance carrier
• Allianz Life to capitalize on alignment of asset management and capital-light life insurance in line with Allianz Group strategy

Allianz announces three-year strategic outlook and raises targets

• Allianz to expand its current strategy to realize the value of its global scale for customers and shareholders
• Ambitious targets underscore confidence in earnings power and ability to accelerate growth
• Continued focus on purpose, talent, simplicity, and sustainability as performance levers

Amendment of the dividend policy of Allianz SE

Allianz SE today decided on the amendment of the dividend policy.

Allianz posts strong third-quarter 2021 results

• Total revenue growth of 9.5 percent in 3Q 2021
• 3Q 2021 operating profit increases 11.3 percent to 3.2 billion euros
• 3Q 2021 net income attributable to shareholders up 2.3 percent at 2.1 billion euros
• 9M 2021 operating profit of 9.9 billion euros reaches 82 percent of full-year target of 12 billion euros 
• 9M 2021 net income attributable to shareholders increases 38.3 percent to 6.9 billion euros
• Solvency II capitalization ratio of 207 percent
• euros, plus or minus 1 billion euros

Allianz Suisse Life and Resolution Re agree on innovative reinsurance solution for legacy portfolio of individual life products

• Resolution Re will take over market and insurance risks of legacy portfolio of individual life products
• Portfolio has reserve volume of around CHF 4 billion
• Transaction will further strengthen competitiveness and capital position of Allianz Suisse Lebensversicherung

Restricted tier 1 (RT1) dual-tranche EUR and USD bond offering

Allianz SE has today completed the issuance of a dual-tranche RT1 bond denominated in US dollars and Euros with participation of institutional investors.

Allianz stays well on course in second quarter 2021

• Total revenue growth of 10.9 percent in 2Q 2021
• 2Q 2021 operating profit of 3.3 billion euros
• 2Q 2021 net income attributable to shareholders up 45.7 percent to 2.2 billion euros
• 6M 2021 operating profit of 6.7 billion euros reaches 55 percent of full-year outlook midpoint
• 6M 2021 net income attributable to shareholders increased 63.7 percent to 4.8 billion euros
• Solvency II capitalization ratio of 206 percent
• 2021 operating profit outlook now expected to be in the upper half of the target range of 12 billion euros, plus or minus 1 billion euros 

Allianz SE resolves on new share buy-back program with a volume of up to 750 million euros

Allianz SE has resolved on a new share buy-back program.

Reassessment of risks relating to Structured Alpha Funds

Reassessment of risks relating to Structured Alpha Funds