Allianz SE publishes the Information Circular for the voluntary tender offer for European Reliance shares outstanding; initiation of the acceptance period

Allianz SE | Athens | Jul 04, 2022

Allianz had announced in February this year that it had entered into certain Share Purchase Agreements to acquire 72 percent of European Reliance General Insurance Company SA (“European Reliance”). Allianz announces today that it has formally published the Information Circular and is proceeding with the Voluntary Tender Offer (VTO) for the remaining European Reliance shares.

Downloads

Related information

Allianz had announced in February this year that it had entered into certain Share Purchase Agreements to acquire 72 percent of European Reliance General Insurance Company SA (“European Reliance”).

After obtaining the approvals by the Bank of Greece, the Hellenic Competition Commission and the Hellenic Capital Market Commission, Allianz announces today that it has formally published the Information Circular¹ and is proceeding with the Voluntary Tender Offer (VTO) for the remaining European Reliance shares². The VTO acceptance period, will begin on July 4, 2022 at 08:00 AM EEST and end on August 1, 2022 at the end of the working hours of banks operating in Greece.

The transaction is a continuation of the Allianz Group’s stated strategy to grow its franchise by leveraging its scale and expertise.

¹ Information circular: https://bit.ly/3Ap5CwD

² Statutory announcement (in Greek language): https://bit.ly/3OXplbn

About Allianz

Last updated: September 23, 2026

The Allianz Group is one of the world’s leading insurers and asset managers, active in almost 70 countries and serving around 97 million private and corporate customers*. Our customers benefit from a broad range of personal and corporate insurance services, including property, life and health insurance, as well as assistance services, credit and global business insurance. Recognized for the seventh consecutive year as the number one global insurance brand in Interbrand’s Best Global Brands 2025 ranking, Allianz’s success is built on technology-enabled customer centricity – providing peace of mind, protection, and prevention for our customers and strengthening the resilience of individuals, communities, and societies. We are one of the world’s largest investors, managing around 791 billion euros** on behalf of our insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 2.2 trillion euros** of third-party assets. Thanks to our systematic integration of environmental and social criteria in our business processes and investment decisions, Allianz received an MSCI ESG Rating of AAA (as of March 2026). In 2025, our 156,000 dedicated employees achieved a total business volume of 186.9 billion euros and an operating profit of 17.4 billion euros for our shareholders.

* As of December 31, 2025. Customer count reflects Allianz customers in consolidated entities that are part of the customer reporting scope only.

** As of June 30, 2026.