Allianz AG has announced that the acceptance period of the voluntary public tender offer for all the ordinary shares and savings shares of RAS expired today.
Third quarter net income of 794 million euros - 1.7 billion euros operating profit despite a net burden arising from natural catastrophes amounting to 753 million euros - capital gains at prior year level - strong growth in Life Insurance and Asset Management
Holding company for Allianz’s German insurance activities to be formed this year – integration of the sales organizations into an independent sales company – standardization of business processes and administration – advantages for customers
Cross-border merger of Riunione Adriatica di Sicurtà (RAS) S.p.A. into Allianz AG - Consolidation of insurance activities in Germany - Reassignment of responsibilities in the management board - Conversion of Allianz AG into a European Company (SE)
1.4 billion euros net income – 2.4 billion euros operating profit – double-digit growth in Life insurance business and Asset Management – Combined ratio of 89.8 percent – Dresdner Bank on its way to earning its cost of capital