Operating profit grows by 7.4 percent to 3.5 billion euros in 3Q

The Group confirms the full-year outlook.

Allianz SE resolves on new share buy-back program with a volume of up to 1 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 billion euros.

Allianz completes acquisition of majority stake in Jubilee’s general insurance business in East Africa

Allianz announces that it has completed the transaction to acquire a majority stake in Jubilee Holdings Limited’s general insurance business in East Africa, namely Kenya, Uganda, Tanzania, Burundi and Mauritius.

UniCredit and Allianz take further steps to consolidate partnership

UniCredit and Allianz have signed a framework agreement and two share purchase agreements related to their respective footprints in the Republic of Croatia. UniCredit will purchase Allianz’s entire 11.72 percent stake in Zagrebačka banka dioničko društvo (“Zaba”). Allianz will acquire 16.84 percent minority stake held by Zaba in Croatian insurance company Allianz Hrvatska dioničko društvo za osiguranje.

Allianz achieves 3.5 billion euros operating profit in 2Q

With the publication of its second quarter and half-year 2022 financial results today, Allianz Group confirmed its full-year outlook.

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

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.

Allianz to sell majority stake in Russian operations to Interholding

The Allianz Group has agreed to sell a majority stake in its Russian operations. The agreement, which follows Allianz’s decision to scale back operations in Russia, is aimed at ensuring continuity for clients and employees.

AllianzGI and Voya Financial announce plans to enter long-term strategic partnership

Allianz Global Investors (“AllianzGI”) announced today that it had entered into a memorandum of understanding (“MOU”) with Voya Financial relating to a strategic partnership whereby AllianzGI would transfer selected investment teams and assets comprising most of its US business (“AGI US”) to Voya Investment Management (“Voya IM”) in return for an up to 24% equity stake in the enlarged asset manager.

Allianz SE announces resolution of U.S. governmental investigations concerning Structured Alpha with a guilty plea by AGI U.S. Allianz SE also announces signing of a MoU for a new long-term partnership

Allianz SE announces that its indirect subsidiary Allianz Global Investors U.S. LLC (“AGI U.S.”) today has entered into settlements with the U.S. Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”) in connection with the Structured Alpha matter.