Allianz Australia selected as preferred purchaser of Territory Insurance Office
Allianz Australia selected as preferred purchaser of Territory Insurance Office

Allianz Australia has entered into an agreement with the Government of the Northern Territory to purchase the general insurance business of the Territory Insurance Office (TIO) and enter into a 10 year agreement to manage the Government Motor Accidents Compensation scheme.

Allianz investment in renewable energy exceeds two billion euro milestone
Allianz investment in renewable energy exceeds two billion euro milestone

Forterre is Allianz’s latest wind park acquisition in 2014 / The overall portfolio now contains 47 wind farms and seven solar parks generating enough electricity to meet the annual needs of Munich

The board of management and the supervisory board of Allianz SE have decided to alter their dividend policy to target an increase in pay-out ratio from 40 to 50 percent of the Allianz Group net income (attributable to shareholders).
New Dividend policy with increased pay-out ratio of 50 percent

The board of management and the supervisory board of Allianz SE have decided to alter their dividend policy to target an increase in pay-out ratio from 40 to 50 percent of the Allianz Group net income (attributable to shareholders).

Dieter Wemmer: "Our results confirm our outlook that the upper end of the operating profit target range at 10.5 billion euros is in reach."
Allianz with double-digit growth in revenues and net income in third quarter of 2014

Total revenues increase 14.5 percent to 28.78 billion euros / Operating profit up 5.2 percent to 2.65 billion euros / Net income attributable to shareholders grows by 11.2 percent to 1.61 billion euros / Operating profit outlook confirmed: upper end of target range of 10.5 billion euros in reach / New dividend policy increases pay-out ratio to 50 percent of Allianz Group net income

AIMCo, Allianz and Hastings successfully bid for Acquisition of Porterbrook
AIMCo, Allianz and Hastings successfully bid for Acquisition of Porterbrook

Alberta Investment Management Corporation (“AIMCo”), on behalf of certain of its clients, Allianz Capital Partners (“ACP”), the in-house investment platform for alternative investments of Allianz Group and Hastings Funds Management (“Hastings”) have reached an agreement to purchase Porterbrook Rail Finance Limited (Porterbrook), one of the three major rolling stock leasing companies in the UK.

Allianz places subordinated bond
Allianz places subordinated bond

Allianz SE has placed an undated subordinated bond with a volume of 1.5 billion euros to institutional investors in Europe.

Allianz in Latin America weathers difficult environment in first half of 2014
Allianz in Latin America weathers difficult environment in first half of 2014

Allianz in Latin America delivered solid results for the first half of 2014 in challenging economic circumstances. Total revenues went down to 1,084 (2013: 1,386) million euros – a decline of 22 percent, driven by unfavorable foreign currency exchange effects and volume reductions mainly in Brazil in the property and casualty business.

Allianz in Asia with strong first half of 2014
Allianz in Asia with strong first half of 2014

Total revenue at 3.7 billion euros / Operating profit at 285 million euros / Exclusive HSBC bancassurance partnership well on track / Innovation as a core strategy for Allianz in Asia-Pacific

Michael Diekmann: “In view of these good half-year results, we maintain our outlook for the operating profit for 2014 of 10 billion euros, plus or minus 500 million euros, but expect the upper end of the target range to be in reach”
Allianz reports strong second quarter results and confirms full year outlook

Total revenues rise 10.0 percent to 29.46 billion euros / Operating profit climbs 17.1 percent to 2.77 billion euros / Net income attributable to shareholders up 10.5 percent to 1.76 billion euros / Shareholders’ equity grows by 9.8 percent to 55 billion euros vs. year-end 2013 / Allianz confirms operating profit outlook for 2014 of 10.0 billion euros, plus/minus 0.5 billion euros – upper end of target range in reach