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.

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.

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.

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.

Allianz posts strong results

Strong operating results in all business segments underpin confidence for 2022.

Allianz to book a provision with respect to risks relating to the AllianzGI U.S. Structured Alpha Funds in the financial statements 2021; Allianz resolves on new share buy-back of up to 1 billion euros

With respect to the pending court and governmental proceedings in the U.S. in relation to the Structured Alpha Funds, Allianz anticipates settlements with major investors in those Funds shortly. In anticipation thereof and in light of current discussions with U.S. governmental authorities, Allianz decided to book a provision of 3.7 billion euros in the financial statements 2021. Allianz SE has further resolved on a new share buy-back program for 2022.

Allianz announces three-year strategic outlook and raises targets

Allianz will expand its current strategy to realize the value of its global scale for customers and shareholders. The ambitious targets underscore confidence in earnings power and ability to accelerate growth. Continued focus on purpose, talent, simplicity, and sustainability as performance levers.

Amendment of the dividend policy of Allianz SE

Allianz SE today decided on the amendment of the dividend policy.

Allianz posts strong third-quarter 2021 results

For the third consecutive quarter in 2021, the Allianz Group has delivered a strong operating performance across all business segments. This demonstrates that our business model is well-positioned to leverage the opportunities arising from a recovery in the global economic environment and in financial markets. In the first nine months of 2021, the Group has achieved 82 percent of the operating profit target of 12 billion euros for the year, driven by all three business lines.