Financials

Jul 19, 2016

Allianz Real Estate sells group of office buildings to Patrizia

Allianz Real Estate Germany has sold a group of 9 office buildings to one of the institutional funds managed by Patrizia Immobilien AG. Objects in Duesseldorf, Frankfurt, Hamburg, Hannover, Munich and Stuttgart are involved.

Jun 30, 2016

Ready for a healthy ride?

Allianz Life Indonesia is cooperating with GO-JEK, an Indonesian ride-sharing start-up, to offer a comprehensive health insurance program for drivers and their families.

Jun 29, 2016

Allianz: Acquisition of commercial P&C portfolio from Aegon completed

Acquisition officially approved by the Dutch central bank and Dutch Authority for Consumers & Markets / Acquisition concerns the active commercial P&C portfolio (some €90 million) and two run-off portfolios / Operations transferred to Allianz

Jun 20, 2016

Allianz cooperates with simplesurance

Berlin-based insurtech startup distributes Allianz products in Europe.

Jun 17, 2016

Allianz agrees to acquire Moroccan subsidiary of Zurich

The acquisition marks a major milestone for Allianz in Africa. Pending regulatory approvals, transaction expected to close end of 2016.

Allianz Completes 51% Acquisition of PNB Life; Appoints Olaf Kliesow as CEO of New JV

Jun 07, 2016

Allianz Completes 51% Acquisition of PNB Life; Appoints Olaf Kliesow as CEO of new joint venture

Allianz, the leading global financial services company, today announced that it has completed the 51% stake acquisition of PNB Life Insurance Inc., the life insurance subsidiary of Philippine National Bank (PNB). The company concurrently announced the appointment of Olaf Kliesow as CEO of the new joint venture, effective 6^th June 2016.

May 27, 2016

Allianz and State Street Corporation invest in an E.ON wind project in Texas

Allianz and State Street Corporation have today announced tax equity financing in exchange for partial interest in the Colbeck’s Corner LLC Wind Farm ("Colbeck’s Corner") owned by E.ON Climate and Renewables in North America LLC ("EC&RNA").

May 12, 2016

Allianz hits the headlines with a strong first quarter 2016

The Allianz Group released its first quarter results on May 11, 2016. Here are some reactions from the press.

Dieter Wemmer: "Allianz achieved very good results in the first quarter compared to last year’s already strong first quarter."

May 11, 2016

Allianz starts 2016 with a strong first quarter

Total revenues down 6.4 percent to 35.4 billion euros / 1Q operating profit fell by 3.5 percent to 2.8 billion euros / Net income attributable to shareholders up 20.5 percent to 2.2 billion euros / Solvency II capitalization eased to 186 percent / Operating profit outlook for 2016 of 10.5 billion euros, plus or minus 500 million euros confirmed

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