Financials

Sep 30, 2022

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.

Aug 05, 2022

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.

Jul 04, 2022

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.

Jun 03, 2022

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.

May 17, 2022

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.

May 17, 2022

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.

May 12, 2022

Allianz achieves 3.2 billion euros operating profit

Allianz achieved 3.2 billion euros in operating profit. The Group is on track to meet full-year targets.

May 11, 2022

Allianz SE books provision in Q1 2022 for Structured Alpha

Allianz SE books provision in Q1 2022 for Structured Alpha to address the remaining financial exposure in relation to compensation payments and under any resolution of the governmental proceedings.

May 04, 2022

Sanlam and Allianz join forces to create African insurance giant

Sanlam, the largest non-banking financial services company in Africa, and Allianz, one of the world’s leading insurers and asset managers with a century of history in Africa, have agreed to combine their current and future operations across Africa to create the largest Pan-African non-banking financial services entity on the continent.

The Squared Ball