IR releases

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

Allianz calls a EUR 1.1 billion subordinated bond for redemption and informs about the repurchase of a EUR 0.5 billion convertible bond

Allianz calls a EUR 1.1 billion subordinated bond for redemption and informs about the repurchase of a EUR 0.5 billion convertible bond

Allianz starts 2021 with strong first quarter results

• Total revenues of 41.4 billion euros, adjusted for currency and consolidation effects, flat compared to prior year level
• 1Q 2021 operating profit up 44.8 percent to 3.3 billion euros
• 1Q 2021 net income attributable to shareholders increased 83.4 percent to 2.6 billion euros
• Solvency II capitalization ratio of 210 percent
• 2021 operating profit target confirmed at 12.0 billion euros, plus or minus 1 billion euros

Allianz agrees to acquire Aviva Poland and consolidates its leading position in Central Eastern Europe

• Allianz to become the fifth largest insurer in Poland and consolidates its leading position in profitability in Central Eastern Europe (CEE)
• Transaction worth 2.5 billion euros

Allianz to acquire Aviva Italia S.p.A., the Italian P/C entity of Aviva Group

• Allianz to acquire the Italian P/C entity of Aviva Group, including  almost 500 agents
• Transaction worth 330 million euros
• On completion, following regulatory approvals, Allianz to consolidate its leading position in the Italian P/C market

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