Allianz X increases fund size to 1 billion euros

Allianz X, the digital investment unit of the Allianz Group, announced today it has received additional investment from Allianz SE, increasing its fund size to 1 billion euros.

4Q and FY 2018 earnings: Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. Based on preliminary figures internal revenue growth, which adjusts for currency and consolidation effects, amounted to 6.1 percent, and was supported by all operating business segments.

Allianz SE resolves on new share buy-back program with volume of up to 1.5 billion euros

Allianz SE has resolved on a new share buy-back program. The volume of such new program will amount to up to 1.5 billion euros. The program shall start on March 1, 2019 and be finalized by December 31, 2019 at latest.

Allianz partners with FPT Group to enter Vietnam’s general insurance market

Allianz announces its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – driving long-term success in the market and expanding Allianz’s footprint in Asia.

Allianz to acquire the largest subsidy free solar project in Portugal

Allianz Capital Partners, on behalf of Allianz insurance companies, has signed the acquisition of the 218.8 megawatt Solara project in Portugal. Construction works for Solara have already started. The commissioning of the project is planned for summer 2019.

AREF II now fully invested with solar energy from France and Italy

Allianz Global Investors announces that the Allianz Renewable Energy Fund II (AREF II) has been fully invested within 24 months following the purchase of further photovoltaic plants in Italy and France. The issuing period for AREF II to European institutional investors began in March 2016.

Allianz, OMERS and AXA IM - Real Assets announce investment in Altice France's fiber-to-the-home business

A consortium, including Allianz Capital Partners (ACP), OMERS Infrastructure and AXA IM - Real Assets, acting on behalf of its clients, has entered into an exclusivity agreement with Altice France to acquire a 49.99 percent stake in SFR FttH, a company to be formed by Altice France which will hold and further develop Altice France’s existing fiber to the home business (FttH) in France. 

Allianz achieves operating profit of 3 bln euros in 3Q of 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 (third quarter of 2017: 28.3) billion euros

Allianz acquires first subsidy free solar project in Iberia

Allianz Capital Partners on behalf of Allianz insurance companies has closed today the acquisition of the 46 megawatt (MW) Ourika project (“Ourika”) in Portugal. The solar farm is fully operational and has been developed by the WElink Group (“WElink”).