Allianz Lebensversicherungs-AG
Allianz Lebensvers.: New parent company
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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New parent company
In connection with the reorganisation of Allianz’s insurance business in
Germany, 94.9% of the shares hitherto held by Allianz AG in Jota-
Vermögensverwaltungs-gesellschaft-mbH, which in turn holds some 91 % of
Allianz Lebensversicherungs-AG, have been transferred to Allianz Deutschland
AG. As of 1 January 2006 Allianz’s Life, Property & Casualty and Health
Insurance Business in Germany will be combined under the umbrella of Allianz
Deutschland AG.
By means of a mutual agreement the control agreement (“Beherrschungsvertrag”)
between Allianz AG and Allianz Lebensversicherungs-AG has been cancelled with
effect as of 31 December 2005. The cancellation has been authorized by the
Bundesanstalt für die Finanzdienstleistungsaufsicht (BaFin) , the federal
regulatory office for the financial services industry.
These assessments are subject to the disclaimer provided below
End of message
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 statement.
No obligation to update
The company assumes no obligation to update any information contained herein.
End of announcement (c)DGAP 30.12.2005
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WKN: 840300; ISIN: DE0008403007; Index:
Listed: Amtlicher Markt in München und Stuttgart; Open Market in Frankfurt;
Freiverkehr in Berlin-Bremen, Düsseldorf und Hamburg
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