Stakes and investments

Sep 28, 2023

Allianz enters into a binding agreement to sell its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC)

The transaction is part of Allianz Group’s business strategy to streamline its operation in the Middle-East.

Sep 25, 2023

ClimateTech is the missing piece in the net-zero puzzle

ClimateTech industry to generate EUR 600 billion in annual turnover by 2030 / Report finds Europe at risk of falling behind U.S. and China / Public investment isn’t enough—significant private investment necessary, as well as common EU platform and PPPs

Sep 05, 2023

Newly launched SanlamAllianz to provide insurance and financial services in 27 African markets

Sanlam and Allianz are pleased to announce that they have received regulatory approvals for the joint venture that will create the leading Pan-African non-banking financial services company with a presence in 27 countries in Africa. The joint venture will operate as SanlamAllianz.

Allianz Australia selected as preferred purchaser of Territory Insurance Office

Jul 10, 2023

Allianz completes sale transaction of Lebanon operations to Global Gate Capital

The transaction is part of an effort by Allianz to streamline its operations.

Oct 05, 2022

Allianz completes acquisition of majority stake in Jubilee’s general insurance business in East Africa

Allianz announces that it has completed the transaction to acquire a majority stake in Jubilee Holdings Limited’s general insurance business in East Africa, namely Kenya, Uganda, Tanzania, Burundi and Mauritius.

Sep 30, 2022

UniCredit and Allianz take further steps to consolidate partnership

UniCredit and Allianz have signed a framework agreement and two share purchase agreements related to their respective footprints in the Republic of Croatia. UniCredit will purchase Allianz’s entire 11.72 percent stake in Zagrebačka banka dioničko društvo (“Zaba”). Allianz will acquire 16.84 percent minority stake held by Zaba in Croatian insurance company Allianz Hrvatska dioničko društvo za osiguranje.

Jul 04, 2022

Allianz SE publishes the Information Circular for the voluntary tender offer for European Reliance shares outstanding; initiation of the acceptance period

Allianz had announced in February this year that it had entered into certain Share Purchase Agreements to acquire 72 percent of European Reliance General Insurance Company SA (“European Reliance”). Allianz announces today that it has formally published the Information Circular and is proceeding with the Voluntary Tender Offer (VTO) for the remaining European Reliance shares.

Jun 03, 2022

Allianz to sell majority stake in Russian operations to Interholding

The Allianz Group has agreed to sell a majority stake in its Russian operations. The agreement, which follows Allianz’s decision to scale back operations in Russia, is aimed at ensuring continuity for clients and employees.

May 04, 2022

Sanlam and Allianz join forces to create African insurance giant

Sanlam, the largest non-banking financial services company in Africa, and Allianz, one of the world’s leading insurers and asset managers with a century of history in Africa, have agreed to combine their current and future operations across Africa to create the largest Pan-African non-banking financial services entity on the continent.

The Squared Ball