Allianz reports rise in 1Q 2017 total revenues, operating profit
Allianz reports rise in 1Q 2017 total revenues and operating profit

Based on preliminary figures, Allianz Group achieved total revenues for the first quarter of 2017 of 36.2 (first quarter of 2016: 35.4) billion euros. This represents an increase of 2.5 percent compared to the prior-year quarter.

Allianz invests in Affinity Water in the UK
Allianz invests in Affinity Water in the UK

Allianz, together with its consortium partners has reached an agreement to acquire 100 percent of the equity interest in Affinity Water. Affinity Water is the United Kingdom’s largest water only supply company by revenue and population served.

Allianz, EDF Invest and DIF to acquire 5 percent in Autostrade per l’Italia
Allianz, EDF Invest and DIF to acquire 5 percent in Autostrade per l’Italia

The Board of Directors of Atlantia, the listed global operator of motorway and airport infrastructure, has accepted a binding offer by Allianz, EDF Invest and DIF to acquire a 5 percent stake in Autostrade per l’Italia, the largest Italian toll road network. The transaction is subject to signing of final contracts over the next days and fulfilment of the conditions precedent therein.

All Lines Show Revenue Gains

Allianz Deutschland achieved its goals for fiscal 2016. Revenues made gains in all lines. At year’s end, Allianz Deutschland insured 20.4 million clients, 66,000 more than a year earlier

2016 Results: Who said what
2016 Results: Who said what

Allianz Group released its fourth-quarter and fiscal year 2016 results and announced a share buy-back program on February 16. A roundup of what the media is saying about our strong performance...

2016 operating profit near upper end of target range
2016 operating profit near upper end of target range

Allianz Group delivered 10.8 billion euros in operating profit in 2016, near the upper end of its target range and the fifth consecutive increase in annual operating results

Allianz agrees to acquire minority interests in Irish subsidiary

Allianz has agreed to acquire the remaining 33.5 percent stake in Allianz Irish Life Holdings plc (AILH) not already owned by Allianz Group. Allianz aims to increase its stake in AILH from 66.5 percent currently to 100 percent.