Key Developments: Allianz SE (AZSEY.PK)

AZSEY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Sanctions Committee imposes penalty on Allianz SE subsidiary-Reuters
Sunday, 21 Dec 2014 07:00pm EST 

Allianz SE:Announces that the Sanctions Committee of the Prudential Control Authority and resolution (ACPR) has imposed a penalty of 50 million euros on the company's Germany-based subsidiary, Allianz Vie-Reuters.Says that the penalty is due to having failed its duty to identify deceased policyholders and their beneficiaries to seek, in accordance with the regulations.  Full Article

Allianz SE ceases to be substantial holder of Spotless Group Holdings Ltd
Thursday, 11 Dec 2014 04:26pm EST 

Spotless Group Holdings Ltd:Says Allianz SE ceased to be a substantial holder of the company.  Full Article

Allianz agrees with Unibail to buy Nicetoile shopping centre with Hammerson as co-investor
Monday, 10 Nov 2014 03:17am EST 

Unibail-Rodamco SE:Enters into agreement with Allianz to dispose Nicetoile shopping centre.Total acquisition cost amounts to 312.5 mln euros.Unibail stake in Nicetoile reflects 15,389 square meters GLA of retail, 2,018 square meters GLA of offices and 1,852 parking lots.Shopping centre is to be managed by Hammerson who will co-invest 10 pct with Allianz.Closing of deal is subject to customary conditions precedent and is expected in Q1 2015.  Full Article

Allianz SE confirms FY 2014 operating profit outlook
Thursday, 6 Nov 2014 04:30pm EST 

Allianz SE:Confirms operating profit outlook for 2014 of around 10.5 billion euros.FY 2014 operating profit 11.124 billion euros - Thomson Reuters I/B/E/S.  Full Article

Spotless Group Holdings announes holding interest of Allianz SE
Thursday, 16 Oct 2014 04:50am EDT 

Spotless Group Holdings Ltd:Says Allianz SE holds 54,982,672 person's votes which represents 5.01 pct of the voting power of the company.  Full Article

Allianz SE says Oliver Baete to become new CEO effective May 7, 2015
Thursday, 2 Oct 2014 08:00am EDT 

Allianz SE:Says says Oliver Baete to become new CEO effective May 7, 2015.Says Michael Diekmann will leave the Board of Management after the Annual General Meeting 2015.  Full Article

Allianz SE confirms FY 2014 operating profit outlook
Friday, 8 Aug 2014 12:59am EDT 

Allianz SE:Confirms operating profit outlook for 2014 of 10.0 billion euros, plus/minus 0.5 billion euros - upper end of target range in reach.FY 2014 operating profit 9.996 billion euros - Thomson Reuters I/B/E/S.  Full Article

Allianz SE confirms FY 2014 operating profit outlook
Wednesday, 14 May 2014 12:59am EDT 

Allianz SE:Confirms operating profit outlook for FY 2014 of 10.0 billion euros, plus/minus 0.5 billion euros.FY 2014 operating profit at 10,706 mln euros-Thomson Reuters I/B/E/S.  Full Article

Allianz SE announces Allianz Real Estate buys Ko-Galerie
Tuesday, 22 Apr 2014 03:59am EDT 

Allianz SE:Says subsidiary Allianz Real Estate buys Ko-Galerie on Koenigsallee, Duesseldorf's shopping mile, for around 300 million euros.  Full Article

China Pacific Insurance (Group) Co Ltd to establish joint venture with Allianz SE
Thursday, 27 Feb 2014 07:00pm EST 

China Pacific Insurance (Group) Co Ltd:To establish a joint venture with Allianz SE.The joint venture to be engaged in health insurance business.  Full Article

Allianz French life insurer fined over unclaimed funds

* Insurer fined for insufficient searches for clients' heirs

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