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Allianz SE (ALVG.DE)

ALVG.DE on Xetra

205.45EUR
19 Jan 2018
Change (% chg)

€2.05 (+1.01%)
Prev Close
€203.40
Open
€202.60
Day's High
€205.75
Day's Low
€202.60
Volume
1,567,307
Avg. Vol
1,134,076
52-wk High
€205.75
52-wk Low
€154.25

Latest Key Developments (Source: Significant Developments)

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

3i Infrastructure Sells Stake In Elenia For Gross Proceeds Of About 725 Mln Pounds
Wednesday, 13 Dec 2017 08:50am EST 

Dec 13 (Reuters) - 3i Infrastructure Plc <3IN.L>::3I INFRASTRUCTURE PLC SELLS ITS STAKE IN ELENIA.SALE OF INVESTMENT WILL GENERATE ESTIMATED GROSS PROCEEDS OF APPROXIMATELY £725 MILLION FOR 3I INFRASTRUCTURE.COMPLETION OF TRANSACTION IS SUBJECT TO EU MERGER REGULATION APPROVAL AND IS EXPECTED BEFORE END OF 3I INFRASTRUCTURE'S FINANCIAL YEAR.SALE TO ALLIANZ CAPITAL PARTNERS ON BEHALF OF ALLIANZ GROUP, MACQUARIE INFRASTRUCTURE AND REAL ASSETS AND VALTION ELÄKERAHASTO.  Full Article

Allianz and ABN Amro finance 'Atrium' office complex acquisition by Amundi Real Estate and Korean investors
Friday, 24 Nov 2017 03:33am EST 

Nov 24 (Reuters) - ALLIANZ SE ::CONCLUDES FINANCING PLAN WITH ABN AMRO RELATING TO ACQUISITION OF 'ATRIUM' OFFICE BUILDINGS‍​‍​.TRANSACTION WITH ABN AMRO IS FOR A LOAN OF NEARLY EUR 300 MLN‍​.THE TRANSACTION HAS MATURITY OF 7 YEARS AT FIXED RATE.'ATRIUM' OFFICE BUILDINGS TO BE ACQUIRED BY CONSORTIUM OF AMUNDI REAL ESTATE AND KOREAN INVESTORS‍​.ALLIANZ IS MAJOR PARTICIPANT IN THE FINANCING; ABN AMRO IS THE SOLE PLACING AGENT AND MINOR PARTICIPANT.  Full Article

Allianz deepens partnership with Sri Ayudhya Capital in Thailand
Wednesday, 22 Nov 2017 10:13pm EST 

Nov 23 (Reuters) - Allianz SE ::To enter into strategic transactions with Sri Ayudhya Capital to extend partnership in life and general insurance businesses‍​.100% of Allianz general insurance business to be transferred to Sri Ayudhya General Insurance, and operated as single entity.Co and affiliate to transfer 11.8% of life insurance company Allianz Ayudhya Assurance to Sri Ayudhya Capital.  Full Article

Allianz CFO says 2017 outlook a tad less rosy after catastrophes
Friday, 10 Nov 2017 03:17am EST 

Nov 10 (Reuters) - Allianz :CFO says outlook for 2017 is slightly less rosy due to natural catastrophes.CFO says PIMCO recorded net inflows of $18 billion in October.CFO says no change to dividend policy.  Full Article

BRIEF-Allianz: Allianz Suisse To Buy Das Rechtsschutz (Schweiz)

* ALLIANZ SUISSE TO ACQUIRE DAS RECHTSSCHUTZ (SCHWEIZ), STRENGTHENING ITS POSITION IN THE SWISS MARKET