United States

Allianz SE (ALVG.DE)

ALVG.DE on Xetra

9 Dec 2016
Change (% chg)

€-1.20 (-0.76%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Trakm8 wins Allianz contracts to supply telematics devices
Monday, 4 Jul 2016 02:00am EDT 

Trakm8 Holdings Plc : Contract win . Initial supply contract comes with a launch order of 5,000 devices to start pipe filling for allianz insurance telematics in China . It is anticipated that manufacturing in Asia will take place as volumes increase. Trakm8, under a separate contract, will also develop specific software to meet requirements of Allianz . Has been awarded two initial contracts by Allianz, to supply devices with uniquely developed software to Allianz's global telematics business .Will provide latest generation 5 t10 micro self-fit telematics device, which initially will be manufactured in group's UK manufacturing facility.  Full Article

Allianz Germany says hit from May/June storms is 140 mln eur
Wednesday, 22 Jun 2016 09:00am EDT 

Allianz SE : Says own hit from May/June storms is gross 140 million eur Further company coverage: [ALVG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Allianz buys Zurich Morocco for 244 million euros
Friday, 17 Jun 2016 09:22am EDT 

Allianz says : To acquire Zurich Assurances Maroc, a subsidiary of Zurich Insurance Company in Morocco. . Zurich Morocco unit has gross premiums of 114 million eur .Purchase price is 244 million euros.  Full Article

Pacific Investment Management plans to cut its workforce - Bloomberg
Thursday, 16 Jun 2016 01:32pm EDT 

:Pacific Investment Management Co plans to cut its workforce; job cuts will be less than 3 percent of workforce - Bloomberg, citing source.  Full Article

Allianz SE says completes 51 percent acquisition of PNB Life
Tuesday, 7 Jun 2016 11:05am EDT 

Allianz SE : Says Olaf Kliesow to become CEO of new entity . Says Allianz completes 51 percent acquisition of PNB Life Further company coverage: [ALVG.DE] ((frankfurt.newsroom@thomsonreuters.com; +496975651270;)).  Full Article

Austria needs better banking supervision, finance minister says
Friday, 3 Jun 2016 06:00am EDT 

Austrian Finance Minister Hans Joerg Schelling: Says hopes to have clearer division of banking supervision roles between FMA and ECB . Says Austrian banking market is stable but supervision has to be better in future . Says case of "bad bank" Heta can probably be finished in September, October of this year Further company coverage: [HAABI.UL] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Eurosic buys 26.64 pct of Fonciere de Paris
Thursday, 12 May 2016 01:25pm EDT 

Eurosic SA : Buys 26.64 pct of Fonciere de Paris . Bought 22.7 pct stake held by Allianz for 145 euros ($165.02) per share .Bought 3.9 pct stake held by Generali for 145 euros per share.  Full Article

Allianz sees Pimco cost-income ratio improving in H2
Wednesday, 11 May 2016 01:28am EDT 

Allianz : Says expects hit to net income from sale of Korea life business of about 350 million eur . Says non-operating gains in Q1 included 235 million eur from "a large forward sale" .Says expects improvement in pimco cost-income ratio in H2 from higher performance fees -slides.  Full Article

Allianz SE confirms FY 2016 outlook
Monday, 2 May 2016 08:00am EDT 

Allianz SE:Outlook for the financial year 2016 remains unchanged.  Full Article

Allianz to sell South Korean business to China's Anbang - Reuters
Wednesday, 6 Apr 2016 06:08am EDT 

Allianz SE:Anbang Insurance Group agreed to buy German insurer Allianz's South Korean businesses for an undisclosed sum - Reuters.Anbang will buy Allianz Life Insurance Korea and asset management firm Allianz Global Investors Korea - Reuters.  Full Article

Weaker utilities take shine off European equities

MILAN, Nov 14 European shares surrendered most of their early gains and ended slightly higher on Monday, with a slump in bond-proxy sectors following a rally in bond yields capping gains recorded by financials and miners.