Allianz X to acquire Finanzen.de

Allianz X, the digital investment unit of the Allianz Group, announced that it will acquire Finanzen.de, a leading European B2B online marketplace for high-value consumer traffic in the insurance and financial services sectors. Headquartered in Berlin, Finanzen.de uses a proprietary platform to connect lead generators and buyers in real-time.

Allianz reports operating profit of 3 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent.

Allianz X co-leads a Series B investment in major African ride hailing platform SafeBoda

Allianz X, the digital investment unit of the Allianz Group, announced an investment in SafeBoda, based in Kampala, Uganda. SafeBoda is a major African ride hailing platform that also offers various on-demand consumer and payment services.

Allianz to invest in Czech gas distribution network GasNet

Allianz Capital Partners (ACP) on behalf of Allianz insurance companies has, in a consortium led by Macquarie Infrastructure and Real Assets (MIRA), reached an agreement to purchase a stake in GasNet. MIRA, which currently holds a 49.96 percent stake indirectly in GasNet, has exercised contractual pre-emption rights over the remaining 50.04 percent stake currently owned by RWE.

Allianz and Sri Ayudhya Capital PCL complete expansion of strategic partnership in Thailand

Allianz and Sri Ayudhya Capital PCL have completed the expansion of their strategic partnership in Thailand, ensuring a stronger insurance franchise focused on meeting the diverse and growing protection needs of local customers and enhancing the Allianz proposition in the region.

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.