Allianz completes the acquisition of Tua Assicurazioni in Italy

Allianz S.p.A. announced today that it has completed the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. for a consideration of 280 million euros. The acquisition was initially reported on October 12, 2023.

Allianz achieves record operating profit and shareholders' core net income

Higher payout ratio, increased dividend per share plus new share buy-back announced.

AlTi Tiedemann Global welcomes strategic investment of up to $450m from Allianz X and Constellation Wealth Capital

Investment accelerates AlTi’s strategy to become the leading global independent wealth management platform for the ultra-high-net-worth segment. Investment to be used principally to execute AlTi’s global mergers and acquisitions pipeline and organic growth strategy.

Share buy-back program with a volume of up to 1 billion euros and amendment of the dividend policy of Allianz SE

Allianz SE today has resolved on a new share buy-back program. The volume of such new program will amount to up to 1 billion euros. The program shall start in early March 2024 and be finalized by December 31, 2024, at the latest. Allianz SE will cancel all repurchased shares.

Allianz sponsors new catastrophe bond covering European windstorm risks

Catastrophe bond (“cat bond”) issued through Blue Sky Re DAC with a volume of EUR 250 million.

Allianz increases revenues by 4.5% to 36.5 billion euros

Group affirms full-year outlook.

Allianz X Invests in NEXT Insurance’s USD 265 Million Financing Round

Funding will be used to accelerate NEXT’s path to profitability and expand its market reach / Deal deepens relationship with Allianz, including multi-year reinsurance relationship with Allianz Re / Third investment by Allianz X into U.S. P&C SME insurtech space ahead of the opening of its offices in New York today

Allianz to sell minority stake in CPIC Fund Management Co.

Allianz SE has entered into definitive agreements regarding the sale of its 49% stake in CPIC Fund Management Co., Ltd. to Guotai Junan Securities Co., Ltd.

Allianz to acquire Tua Assicurazioni

Allianz S.p.A. to acquire Tua Assicurazioni from Assicurazioni Generali S.p.A. / Transaction worth 280 million euros / Upon completion, increase of market share by approx. 1 percentage point in attractive property and casualty segment in Italy / Substantial strengthening of distribution capacity with the almost 500 agents of Tua Assicurazioni S.p.A.