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 January 8th 2009
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IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY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 strengthens the capital of
Dresdner Bank
The Special Fund Financial Market Stabilization (SoFFin), Allianz and
Commerzbank agreed to strengthen the new Commerzbank's core capital ratio with
the following two measures:
1. Allianz provides a silent participation of EUR 750 million in Dresdner
Bank. The terms are identical to SoFFin's silent participations in
Commerzbank.
2. Allianz acquires Collateralized Debt Obligations (CDOs) with a face
value of EUR 2 billion for a consideration of approx. EUR 1.1 billion.
Dresdner Bank will therefore benefit from a capital relief of EUR 700
million.
The closing of the sale of Dresdner Bank is expected within the next few days.
These assessments are, as always, subject to the disclaimer provided below.
End of message
Disclaimer:
Cautionary Note Regarding Forward-Looking Statements
The statements contained herein may include 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, and including market volatility, liquidity and
credit events (iii) the frequency and severity of insured loss events, including
from natural catastrophes and including the development of loss expenses, (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 be affected by risks and uncertainties described from time to
time in Allianz SE's filings with the U.S. Securities and Exchange Commission.
The company assumes no obligation to update any forward-looking statement.
No duty to update
The company assumes no obligation to update any information contained herein.
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 SE
By: /s/ Dr. Reinhard Preusche
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Dr. Reinhard Preusche
Group Compliance
By: /s/ Michael Sieburg
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Michael Sieburg
Group Compliance
Date: January 8th 2009