Allianz signs Greece deal while Allianz stock costs EUR 431.45

Published on 10/19/2026 at 09:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

National Bank of Greece will buy 30 percent of Allianz Greece under the deal. Allianz stock costs EUR 431.45 on October 19, 2026, 0.56 percent below the Xetra close.

Greece deal and digital leadership

National Bank of Greece signed the 30 percent Allianz Greece agreement on October 14, 2026.
Allianz Direct served more than 3.2 million customers under the October 1, 2026 leadership update.
Allianz stock trades at EUR 431.45 at 9:05 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.56 percent below the Xetra close of October 16, 2026.

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Allianz stock (ISIN DE0008404005) was trading at EUR 431.45 at Lang & Schwarz on October 19, 2026, 0.56 percent below the Xetra close of October 16, 2026 at EUR 433.90. On October 14, National Bank of Greece signed an agreement to acquire a 30 percent minority stake in Allianz European Reliance and establish an exclusive insurance distribution partnership, Euro2day reported.

Greece deal links ownership and sales

The agreement combines a minority investment with long-term bancassurance distribution through the Greek bank's network. The partnership is expected to begin in early 2027, while completion of the stake purchase remains subject to customary regulatory approvals, according to Euro2day.

What do the operating figures show?

Allianz's second-quarter 2026 operating profit reached EUR 4.90 billion, up 10.60 percent from the prior-year quarter, while first-half operating profit reached EUR 9.40 billion. The figures came with a 91.40 percent combined ratio in Property-Casualty and a Solvency II ratio of 225.00 percent, as Capital.com reported on the August 7, 2026 results.

Chronology adds three company-specific markers. On October 1, 2026, Allianz announced that Philipp Kroetz would become Allianz Partners CEO on November 1, while Allianz Direct had grown to more than 3.2 million customers; on October 9, Jefferies raised its Allianz target from EUR 420.00 to EUR 440.00 while retaining Hold, according to Borse Express; and on October 14, NBG signed the 30 percent Allianz Greece agreement.

Which dates come next?

Allianz Partners and Allianz Direct are scheduled to change CEOs on November 1, 2026, according to Allianz. The next reporting date is November 12, 2026, when Allianz plans to publish third-quarter 2026 results, the investor-relations calendar states.

Stock remains below Friday close

The current quote places Allianz below its last Xetra close while the Greek agreement adds a measurable distribution channel and minority-investment component. The company also entered the reporting period with first-half operating profit of EUR 9.40 billion and full-year 2026 operating profit guidance of EUR 17.40 billion plus or minus EUR 1.00 billion.

Allianz stock was trading at EUR 431.45 at Lang & Schwarz on October 19, 2026 at 9:05 a.m. CEST, 0.56 percent below the Xetra close of October 16, 2026 at EUR 433.90. The further course of trading is shown by the continuously updated real-time quote of Allianz stock.