SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For November 2nd 2006
Commission File Number: 1-15154
ALLIANZ SE
Koeniginstrasse 28
80802 Munich
Germany
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [_]
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [_] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE
REGISTRATION STATEMENT ON FORM S-8 (FILE NO. 333-13462) OF ALLIANZ
AKTIENGESELLSCHAFT AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT
IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY
FILED OR FURNISHED.
Allianz SE: Preliminary figures for the third quarter 2006
MUNICH, Germany--(BUSINESS WIRE)--Nov. 2, 2006--Allianz Group:
Preliminary figures for the third quarter 2006 - Net income for the
quarter doubled
Allianz Group continued to chart a successful course in the third
quarter of 2006. Based on preliminary figures, total revenues at 22.6
billion euros were slightly down compared to the equivalent previous
year's quarter (third quarter 2005: 23.8 billion euros), but the
operating profit increased by 42.7 percent to 2.7 billion euros. Net
income for the quarter rose by 100.4 percent to 1.6 billion euros.
-- In the Property and Casualty business, the combined ratio
improved to 90.2 percent. The operating profit grew correspondingly by
74.1 percent to 1.7 billion euros.
-- The operating profit for Life and Health business posted an
increase of 11.0 percent to 617 million euros.
-- Dresdner Bank continued its successful performance of sustained
improvement in earnings: the operating profit went up by 38.2 percent
to 311 million euros.
-- Net cash inflows in Asset Management amounted to 9.7 billion
euros. The operating profit of 294 million euros remained at the high
level of the equivalent previous year's quarter.
Shareholders' equity of Allianz Group continued to increase by
13.8 percent from 39.5 billion euros as at December 31, 2005 to 44.9
billion euros. The increase in net income for the quarter was mostly a
result of the improved operating profit. The quarterly net income also
contains a profit of approximately 300 million euros from the sale of
Four Seasons Healthcare.
'The very successful business performance again leads us to
anticipate slight improvements on the forecast made at the half-year
stage for the fiscal year 2006: We are now assuming an operating
profit in excess of 9.5 billion euros. Although restructuring expenses
for Dresdner Bank are still outstanding in the fourth quarter and
realization of further capital gains is not planned, we are
anticipating net income for the year above 6 billion euros," according
to Helmut Perlet.
These statements are subject to the reservation that no natural
catastrophes or adverse developments in the capital markets compromise
profitability.
The full interim report for the third quarter of 2006 will be
published on November 10, 2006 and be available on www.allianz.com.
These assessments are, as always, subject to the disclaimer
provided below.
End of message
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Information and Explanation of the Issuer to this News:
Cautionary Note Regarding Forward-Looking Statements: Certain of
the statements contained herein may be statements of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and
unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or
implied in such statements. In addition to statements which are
forward-looking by reason of context, the words 'may, will, should,
expects, plans, intends, anticipates, believes, estimates, predicts,
potential, or continue' and similar expressions identify
forward-looking statements. Actual results, performance or events may
differ materially from those in such statements due to, without
limitation, (i) general economic conditions, including in particular
economic conditions in the Allianz Group's core business and core
markets, (ii) performance of financial markets, including emerging
markets, (iii) the frequency and severity of insured loss events, (iv)
mortality and morbidity levels and trends, (v) persistency levels,
(vi) the extent of credit defaults (vii) interest rate levels, (viii)
currency exchange rates including the Euro-U.S. Dollar exchange rate,
(ix) changing levels of competition, (x) changes in laws and
regulations, including monetary convergence and the European Monetary
Union, (xi) changes in the policies of central banks and/or foreign
governments, (xii) the impact of acquisitions, including related
integration issues, (xiii) reorganization measures and (xiv) general
competitive factors, in each case on a local, regional, national
and/or global basis. Many of these factors may be more likely to
occur, or more pronounced, as a result of terrorist activities and
their consequences. The matters discussed herein may also involve
risks and uncertainties described from time to time in Allianz AG's
filings with the U.S. Securities and Exchange Commission. The company
assumes no obligation to update any forward-looking information
contained herein.
No duty to update The company assumes no obligation to update any
information contained herein.
Name:Giovanni Salerno
Tel:+49 (0)89-3800-2184
Email:giovanni.salerno@allianz.de
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Language: English
Issuer: Allianz SE Koniginstr. 28 80802 Munchen Deutschland
Phone: +49 (0)89 38 00 - 41 24
Fax: +49 (0)89 38 00 - 38 99
E-mail: investor.relations@allianz.com WWW: www.allianz.com
ISIN: DE0008404005
WKN: 840400
Indices: DAX-30, EURO STOXX 50
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Hannover, Dusseldorf, Stuttgart, Munchen, Hamburg, SWX; Terminborse
EUREX; Foreign Exchange(s) London, NYSE End of News DGAP News-Service
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CONTACT: Allianz AG
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
ALLIANZ AKTIENGESELLSCHAFT
By: /s/ Dr. Reinhard Preusche
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Dr. Reinhard Preusche
Group Compliance
By: /s/ Dr. Giovanni
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Salerno
Dr. Giovanni Salerno
Group Compliance
Date: November 2nd 2006