IR releases

Allianz Leben profit participation 2018

Allianz Leben today announced the profit participation 2018

Allianz announces its intention to file an Offer for Euler Hermes
  • 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

 

Not for distribution in the United States, Canada, Japan, Australia, South Africa, or Italy. This release does not constitute an offer to purchase any securities. 

Allianz SE resolves on further share buy-back program with a volume of up to 2 billion euros

Allianz SE has resolved on a further share buy-back program as the current share buy-back program of up to 3 billion euros decided on February 16, 2017 is drawing to a close.

Allianz reports 2.5 billion euros operating profit in 3Q 2017; on track for full-year target
  • 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 to sell part of life insurance portfolio in Taiwan to China Life

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 completes sale of Allianz Global Investors Korea to Anbang

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. 

Allianz expands African footprint with acquisition of Ensure Insurance Plc. in Nigeria
  • Allianz now present in 17 countries across Africa
  • Acquisition in line with Allianz’s growth ambition in Africa
  • Pending regulatory approvals, transaction expected to close end of 2017
Allianz delivers 83.4 percent rise in 2Q 2017 net income to 2.0 billion euros
  • 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 and LV= agree joint venture to create third largest personal insurer in the UK market
  • 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