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United States

Allianz SE (ALVG.DE)

ALVG.DE on Xetra

193.54EUR
20 Apr 2018
Change (% chg)

€0.88 (+0.46%)
Prev Close
€192.66
Open
€192.76
Day's High
€194.30
Day's Low
€192.40
Volume
1,628,478
Avg. Vol
1,429,701
52-wk High
€206.85
52-wk Low
€167.75

Latest Key Developments (Source: Significant Developments)

Allianz To File A Further Tender Offer For Remaining Euler Hermes Shares
Friday, 23 Feb 2018 01:34am EST 

Feb 23 (Reuters) - Allianz SE ::AS THE REMAINING FLOAT OF THE EULER HERMES SHARES ON THE MARKET REPRESENTS LESS THAN 5 PERCENT, ALLIANZ ANNOUNCES ITS INTENTION TO INITIATE THE NECESSARY STEPS FOR A SQUEEZE-OUT AND DELISTING OF EULER HERMES SHARES.SAYS ‍FOLLOWING ADDITIONAL PURCHASE OF EULER HERMES SHARES AT 122 EUROS PER SHARE BY ALLIANZ, REMAINING FLOAT ON MARKET REPRESENTS LESS THAN 5 PERCENT OF EULER HERMES SHARE CAPITAL AND VOTING RIGHTS​.‍ALLIANZ INTENDS TO FILE A FURTHER TENDER OFFER FOR REMAINING EULER HERMES SHARES HELD BY MINORITY SHAREHOLDERS, OFFERING 122 EUROS PER SHARE​.‍ALLIANZ GROUP CURRENTLY HOLDS 40,024,315 EULER HERMES SHARES, REPRESENTING 93.86 PERCENT OF SHARE CAPITAL AND VOTING RIGHTS OF EULER HERMES​.‍ALLIANZ EXPECTS TO FORMALLY FILE TENDER OFFER IN COMING WEEKS​.‍SUBJECT TO AMF CLEARANCE, TENDER OFFER, SQUEEZE OUT AND DELISTING ARE EXPECTED TO BE EFFECTED IN Q2 OF 2018​.  Full Article

Allianz CEO Says Prices Are High For M&A, Have Not Found Anything So Far That Would Make A Good Fit For Us
Friday, 16 Feb 2018 04:27am EST 

Feb 16 (Reuters) - Allianz SE ::ALLIANZ CEO SAYS PRICES ARE HIGH FOR M&A, HAVE NOT FOUND ANYTHING SO FAR THAT WOULD MAKE A GOOD FIT FOR US.ALLIANZ CEO SAYS WANT TO ALLOCATE CAPITAL IN A SENSIBLE WAY, FURTHER SHARE BUYBACKS ARE AN OPTION.ALLIANZ CFO SAYS EXPECT SOLVENCY RATIO TO INCREASE BY 10 PERCENT IN 2018, EXPECT SOLVENCY RATIO OF MORE THAN 220 PERCENT IF CAPITAL MARKETS REMAIN STABLE.ALLIANZ BOARD MEMBER SAYS DOES NOT RULE OUT INSURING COAL-FIRED POWER PLANTS, BUT HAVE TO ENTER A DIALOGUE.ALLIANZ CFO SAYS CAN’T RULE OUT THAT INTERESTED IN ACQUISITIONS IN THE U.S..  Full Article

Allianz Lifts Stake In Euler Hermes To 92.43 Pct
Wednesday, 14 Feb 2018 06:39am EST 

Feb 14 (Reuters) - ALLIANZ SE ::LIFTS STAKE IN EULER HERMES TO 92.43 PERCENT.  Full Article

Allianz To Aquire Janashakthi General Insurance In Sri Lanka
Friday, 2 Feb 2018 01:25am EST 

Feb 2 (Reuters) - Allianz SE ::ALLIANZ TO AQUIRE JANASHAKTHI GENERAL INSURANCE IN SRI LANKA.‍ENTERED INTO AN AGREEMENT WITH JANASHAKTHI INSURANCE PLC TO ACQUIRE 100% OF THEIR SUBSIDIARY JANASHAKTHI GENERAL INSURANCE​.  Full Article

Allianz: Allianz Suisse To Buy Das Rechtsschutz (Schweiz)
Wednesday, 10 Jan 2018 05:06am EST 

Jan 10 (Reuters) - Allianz SE ::ALLIANZ SUISSE TO ACQUIRE DAS RECHTSSCHUTZ (SCHWEIZ), STRENGTHENING ITS POSITION IN THE SWISS MARKET.AGREES TO BUY LEGAL PROTECTION INSURANCE SUBSIDIARY DAS SWITZERLAND AND ASSETS OF DAS LUXEMBOURG AND SLOVAKIA FROM ERGO GROUP AG‍​.THE PARTIES HAVE AGREED NOT TO DISCLOSE FINANCIAL DETAILS OF THE TRANSACTION.  Full Article

Enstar Announces Reinsurance Of Approximately $0.1 Bln Of Allianz’S Legacy Business
Friday, 29 Dec 2017 09:07am EST 

Dec 29 (Reuters) - Enstar Group Ltd ::ENSTAR ANNOUNCES REINSURANCE OF APPROXIMATELY $0.1 BILLION OF ALLIANZ’S LEGACY BUSINESS.ENSTAR GROUP - UNIT ENTERED INTO AGREEMENT TO REINSURE PORTFOLIO OF ALLIANZ SE'S RUN-OFF BUSINESS EFFECTIVE DECEMBER 31, 2017.ENSTAR GROUP - UNIT TO ASSUME NET REINSURANCE RESERVES OF ABOUT $0.1 BILLION BY REINSURING 50% OF CERTAIN U.S. WORKERS' COMPENSATION, AMONG OTHERS.  Full Article

Allianz to launch share buyback worth up to 2 bln euros
Friday, 29 Dec 2017 08:10am EST 

Dec 29 (Reuters) - Allianz Se ::‍ON NOVEMBER 9, 2017, BOARD OF MANAGEMENT OF ALLIANZ SE HAS RESOLVED TO CARRY OUT A SHARE BUY-BACK PROGRAMME​.‍VOLUME OF BUYBACK UP TO 26.5 MILLION SHARES WORTH UP TO EUR 2 BILLION.BUY-BACK VIA XETRA-TRADING SYSTEM OF FRANKFURT STOCK EXCHANGE TO BEGIN ON JAN 3, 2018.‍BUY-BACK WILL BE CONDUCTED FOR A PERIOD OF UP TO SIX MONTHS​.‍REPURCHASED SHARES OF ALLIANZ SE WILL BE REDEEMED WITHOUT REDUCTION OF SHARE CAPITAL​.  Full Article

LV= completes sale to Allianz of 49 pct of general insurance business
Friday, 29 Dec 2017 02:00am EST 

Dec 29 (Reuters) - :LV= COMPLETES SALE OF 49% STAKE IN GI BUSINESS.LV= ‍TOTAL CONSIDERATION AT THIS FIRST STAGE OF TRANSACTION IS £500 MILLION​.LV= ‍SECOND STAGE OF TRANSACTION WILL TAKE PLACE IN 2019 WHEN ALLIANZ WILL PAY AN ADDITIONAL £213 MILLION FOR A FURTHER 20.9 PERCENT STAKE IN LV= GI​.LV= ‍AGREED, FORWARD PURCHASE BASED ON A TOTAL VALUATION OF £1.020 BILLION FOR 100 PERCENT OF LV= GI​.‍LV= HAS A PUT OPTION UNDER WHICH IT CAN SELL ALL OR PART OF ITS REMAINING SHARES TO ALLIANZ AT ANY TIME​.  Full Article

Bajaj Allianz Life Insurance Inks Corporate Agency Pact With NKGSB Co-Operative Bank
Friday, 22 Dec 2017 01:54am EST 

Dec 22 (Reuters) - Bajaj Allianz Life Insurance::BAJAJ ALLIANZ LIFE INSURANCE SIGNS CORPORATE AGENCY PACT WITH NKGSB CO-OPERATIVE BANK.BAJAJ ALLIANZ LIFE INSURANCE - AS PART OF THE 3-YEAR DEAL, NKGSB BANK TO DISTRIBUTE ALL PRODUCTS OF BAJAJ ALLIANZ LIFE INSURANCE.  Full Article

Euler Hermes Supervisory Board Issues Favorable Opinion On Allianz Offer
Friday, 22 Dec 2017 01:46am EST 

Dec 22 (Reuters) - EULER HERMES GROUP SA ::REG-EULER HERMES: THE SUPERVISORY BOARD OF EULER HERMES GROUP ISSUES A FAVORABLE REASONED OPINION REGARDING THE PROPOSED SIMPLIFIED CASH TENDER OFFER INITIATED BY ALLIANZ SE.SUPERVISORY BOARD CONSIDERED THAT OFFER IS IN INTEREST OF COMPANY.  Full Article

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JD.com takes $85 million stake in Allianz China unit

BEIJING JD.com Inc will invest 536.6 million yuan ($85.4 million) for a 33 percent stake in the China unit of global insurance giant Allianz SE , the companies said, as part of the Chinese e-commerce firm's push into financial services.