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Allianz Contacts

Dec 18, 2002

Personalia: Changes in Board of Management of Allianz AG

Dr. Henning Schulte-Noelle has decided to resign from his position as Chairman of the Board of Management of Allianz AG at the end of the Annual General Meeting on April 29, 2003. Michael Diekmann appointed as new Chairman.

Dec 05, 2002

Allianz subordinated bonds successfully placed

Allianz has successfully issued two subordinated bonds with a total volume of 1.5 billion euros.

Nov 22, 2002

Allianz Jumbo Eurobond generates strong demand

Allianz AG has issued a eurobond with a volume of two billion euros through its Dutch financing subsidiary Allianz Finance II B.V. The bond was placed on the capital market with exceptional success. The issue is rated “AA” by Standard & Poor’s and “Aa2” by Moody’s and was four times oversubscribed.

Nov 14, 2002

Allianz Group: Performance in the first three quarters of 2002

Unusually high quarterly loss – extraordinary burdens from extremely weak capital markets, flood catastrophe and higher loan loss provisions at the bank – but also improvements in operating business and the combined ratio – Schulte-Noelle: “The low point should be behind us, Allianz will come out of these difficult times stronger than before”.

Sep 26, 2002

Dresdner Bank presents turnaround programme

Dresdner Bank’s turnaround programme is starting to take shape. Dr. Bernd Fahrholz, Chairman of the Board of Managing Directors, presented the key points of the programme and its five sub-projects to the press on Thursday, saying: “Our main aim is to be operating profitably by next year and to record an operating profit.”

Sep 13, 2002

Allianz strengthens reserves in USA

As already indicated this spring, Allianz AG will increase the reserves of its group company Fireman’s Fund Insurance Company for asbestos and environmental (A&E) risks.

Aug 29, 2002

Floods in Central Europe: Allianz settles claims promptly

Flooding disaster expected to increase total claims for fiscal 2002 by less than two percent.

Aug 14, 2002

Allianz Group: Development in the first half of 2002

Positive trend in insurance business continues: significant rise in premium income – improvement in loss ratio – weak financial markets negatively influence banking business.

Jul 31, 2002

Weak capital markets impact Allianz Group results

Insurance Business and Asset Management Ahead of Budget - Comprehensive Action Program for Banking Segment.

20 releases in total