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<item><link>http://www.alacrastore.com/research/moodys-global-credit-research-Moody_s_No_rating_impact_on_Allianz_subordinated_notes_reflecting_timely_coupon_settlement_despite_a_breach_of_Mandatory_Deferral_Triggers-PR_189993_384000</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_189993_384000</moodys:docid><guid isPermaLink="false">moodys/PR_189993_384000</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>10 Nov 2009 12:43:59 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz SE</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Allianz SE</moodys:issuer_list><moodys:moodys_org_id xmlns:moodys="http://www.alacra.com/moodys">384000</moodys:moodys_org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">384000</moodys:org_id><moodys:price 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xmlns:cs="http://www.alacra.com/cs">allianz</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">allianz</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">germany</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">germany</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">90925</cs:csid><pubDate>09 Nov 2009 11:44:39 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">90925</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">banks</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">insurance</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Commerzbank: 3Q09 Provides Little Comfort</title><description> Commerzbank: #Q## Provides Little Comfort CommerzbankÂ (Aa#/A/A+) confirmed the preliminary indications it gave in an earnings pre-release earlier this week (see Commerzbank: #Q## Loss, Genussschein Deferral), with a #Q## pre-tax operating...</description><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">377</cs:wcnum><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Commerzbank_3Q09_Loss_Genussschein_Deferral-90736</link><cs:docid xmlns:cs="http://www.alacra.com/cs">90736</cs:docid><guid isPermaLink="false">cs/90736</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS 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xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">banks</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">insurance</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">earnings</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">earnings</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Commerzbank: 3Q09 Loss, Genussschein Deferral</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">245</cs:wcnum><description> Commerzbank: #Q## Loss, Genussschein Deferral CommerzbankÂ (Aa#/A/A+) pre-announced its #Q## results but provided only very brief details and will publish its full earnings release as planned on # November. Its third quarter operating...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PBC_120692</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PBC_120692</moodys:docid><guid isPermaLink="false">moodys/PBC_120692</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">pdf</moodys:index_mode><pubDate>30 Oct 2009 09:20:15 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">pdf</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz SE</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Allianz SE</moodys:issuer_list><moodys:moodys_org_id xmlns:moodys="http://www.alacra.com/moodys">384000</moodys:moodys_org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">384000</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">300.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">29 Oct 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">Analysis</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Analysis</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Allianz SE</title><description>...Moody's rates Allianz SE Aa# for insurance financial strength and senior debt with a stable outlook. The rating reflects Allianz's strong European franchise including a dominant position in life and non-life in Germany, as well as leading positions in France, Italy, Switzerland and the United Kingdom. Allianz is the No.# non-life insurer globally, No.# life insurer and holds top # market shares in ## countries. Further credit strengths include Allianz's highly diversified product portfolio, its wide range of distribution channels and its asset and liability management capabilities. The disposal of the majority of its banking operations through the sale of Dresdner in January #### is also viewed as a credit positive. Less positively, we note Allianz's relatively high financial leverage and significant gross equity exposure. The deterioration in non-life operating performance seen in the first half of #### could also be a significant negative factor if it proves a longer term phenomena. Allianz...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Commerzbank_Recommendation_Up_to_Market_Perform-81795</link><cs:docid xmlns:cs="http://www.alacra.com/cs">81795</cs:docid><guid isPermaLink="false">cs/81795</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:company xmlns:cs="http://www.alacra.com/cs">allianz</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">allianz</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">de</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">81795</cs:csid><pubDate>09 Oct 2009 06:05:04 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">81795</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">banks</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">insurance</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Commerzbank: Recommendation Up to Market Perform</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">93</cs:wcnum><description> Commerzbank: Recommendation Up to Market Perform CommerzbankÂ has changed from anÂ Underperform recommendation toÂ Market PerformÂ in our CDS Tracker, based on five-year subordinated CDS. For the full details and rationale, please see Euro...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Allianz_Recommendation_Up_to_Market_Perform-81801</link><cs:docid xmlns:cs="http://www.alacra.com/cs">81801</cs:docid><guid isPermaLink="false">cs/81801</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:company xmlns:cs="http://www.alacra.com/cs">allianz</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">allianz</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">de</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">81801</cs:csid><pubDate>09 Oct 2009 06:05:04 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">81801</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">insurance</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Allianz: Recommendation Up to Market Perform</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">91</cs:wcnum><description> Allianz: Recommendation Up to Market Perform AllianzÂ has changed from anÂ Underperform recommendation toÂ Market PerformÂ in our CDS Tracker, based on five-year subordinated CDS. For the full details and rationale, please see Euro Financials...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_188085_600054988</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_188085_600054988</moodys:docid><guid isPermaLink="false">moodys/PR_188085_600054988</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>07 Oct 2009 05:19:23 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Euler Hermes Kreditversicherungs-AG</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Euler</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz SE</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Allianz SE; Euler; Euler Hermes Kreditversicherungs-AG</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600054988</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600052712</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">384000</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">06 Oct 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's affirms Euler Hermes Kreditversicherungs-AG's Aa3 IFSR; stable outlook</title><description>Global Credit Research Announcement # OCT ####   Announcement: Euler Hermes Kreditversicherungs-AG Moody's affirms Euler Hermes Kreditversicherungs-AG's Aa# IFSR; stable outlook Paris, October ##, #### -- Moody's Investors Service has...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/BW-0001-38124683</link><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">BW-0001-38124683</newstex:docid><guid isPermaLink="false">newstex/BW-0001-38124683</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><newstex:Contributor xmlns:newstex="http://www.alacra.com/newstex">Newstex Inc.</newstex:Contributor><newstex:CopyrightDate xmlns:newstex="http://www.alacra.com/newstex">2005</newstex:CopyrightDate><newstex:CreditLine xmlns:newstex="http://www.alacra.com/newstex">Allianz Global Investors</newstex:CreditLine><newstex:Provider xmlns:newstex="http://www.alacra.com/newstex">Newstex Inc.</newstex:Provider><newstex:ProviderId 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xmlns:newstex="http://www.alacra.com/newstex">07011003</newstex:cat><pubDate>21 Sep 2009 10:06:16 EST</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18023000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18003000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19001000</newstex:geo><newstex:loaddate xmlns:newstex="http://www.alacra.com/newstex">9/21/2009</newstex:loaddate><title>Investors Brushing off Key Lessons from Financial Crisis</title><description> Sep. ##, #### (Business Wire) --  Allianz Global Investors Old Habits Die Hard: Surveyed investors have made no adjustments to their visions of a comfortable retirementÂ… ##% of investors expect their standard of living in retirement...</description><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">ALLIANZ AKTIENGESELLSCHAFT</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">AZ</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_186800_820508246</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_186800_820508246</moodys:docid><guid isPermaLink="false">moodys/PR_186800_820508246</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>17 Sep 2009 05:27:36 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">UGF Assicurazioni S.p.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Sace S.p.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Net Insurance SpA</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz S.p.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Unipol Gruppo Finanziario S.p.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Assicurazioni Generali S.p.A</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz SE</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Allianz S.p.A.; Allianz SE; Assicurazioni Generali S.p.A; ...</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820508246</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809094290</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">806624277</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600067649</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600052957</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600047159</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">384000</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">16 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's outlook for Italian insurance market is negative</title><description>Global Credit Research Announcement ## SEP ####   Announcement: UGF Assicurazioni S.p.A. Moody's outlook for Italian insurance market is negative London, ## September #### -- Moody's Investors Service says the fundamental credit outlook...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_186802_820508246</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_186802_820508246</moodys:docid><guid isPermaLink="false">moodys/PR_186802_820508246</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>17 Sep 2009 05:27:36 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">UGF Assicurazioni S.p.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Sace S.p.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Net Insurance SpA</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz S.p.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Unipol Gruppo Finanziario S.p.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Assicurazioni Generali S.p.A</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz SE</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Allianz S.p.A.; Allianz SE; Assicurazioni Generali S.p.A; ...</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820508246</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809094290</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">806624277</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600067649</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600052957</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600047159</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">384000</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">16 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's: outlook negativo sul mercato assicurativo italiano</title><description>Global Credit Research Announcement ## SEP ####   Announcement: UGF Assicurazioni S.p.A. Moody's: outlook negativo sul mercato assicurativo italiano London, ## September #### -- Il giudizio di Moody's Investors Service sulle prospettive...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><title>Heidelberger Druckmaschinen AG is rumored to be planning to acquire manroland AG from Allianz AG</title><description>GERMANY - Heidelberger Druckmaschinen AG was rumored to be planning to merge with manroland AG, an Offenbach- based manufacturer and wholesaler of printing systems and a majority-owned unit of Allianz SE's Allianz Capital Partners GmbH.</description><pubDate>04 Sep 2009 04:33:28 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">42281Q</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">56176A</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">42281Q</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">018805</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Heidelberger Druckmaschinen AG</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">manroland AG</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Heidelberger Druckmaschinen AG</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Allianz SE</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Heidelberger_Druckmaschinen_AG_is_rumored_to_be_planning_to_acquire_manroland_AG_from_Allianz_AG-2104268040</link><guid isPermaLink="false">sdc/2104268040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2104268040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Machinery</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Germany</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Printing trades machinery</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>3555</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>HDDX</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">3555:Printing trades machinery</sdc:value><sdc:value sdc:p="1">5084:Industrial machinery and equipment</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">3555:Printing trades machinery</sdc:value><sdc:value sdc:p="1">5084:Industrial machinery and equipment</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Machinery</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Germany</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Printing trades machinery</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>3555</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>105766003</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Mnfr,whl printing equip</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd finl svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Not Applicable</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>632237002</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Sep 4 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Jun 09</sdc:value></sdc:fiscal_ADATEFIN><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>-390.47900</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>4008.86100</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>4160.15200</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_CURRENCYLONG><sdc:value>EURO</sdc:value></sdc:fiscal_CURRENCYLONG><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Heidelberger Druckmaschinen</sdc:value><sdc:value sdc:p="1">AG, located in Heidelberg,</sdc:value><sdc:value sdc:p="2">Germany, manufactures and</sdc:value><sdc:value sdc:p="3">wholesales printing machinery</sdc:value><sdc:value sdc:p="4">and equipment. The company</sdc:value><sdc:value sdc:p="5">provides solutions for</sdc:value><sdc:value sdc:p="6">prepress, packaging, flexo</sdc:value><sdc:value sdc:p="7">printing, and web offset</sdc:value><sdc:value sdc:p="8">printing. It also offers post</sdc:value><sdc:value sdc:p="9">press equipment, including</sdc:value><sdc:value sdc:p="10">cutters, folders, saddle</sdc:value><sdc:value sdc:p="11">stitchers, adhesive binders,</sdc:value><sdc:value sdc:p="12">die cutting, folding carton</sdc:value><sdc:value sdc:p="13">gluing, and label systems, as</sdc:value><sdc:value sdc:p="14">well as offers various spare</sdc:value><sdc:value sdc:p="15">parts, consumables, services,</sdc:value><sdc:value sdc:p="16">and training programs. It</sdc:value><sdc:value sdc:p="17">operates in Europe, the Middle</sdc:value><sdc:value sdc:p="18">East, Africa, North America,</sdc:value><sdc:value sdc:p="19">Latin America, and the Asia</sdc:value><sdc:value sdc:p="20">Pacific. The company was</sdc:value><sdc:value sdc:p="21">founded in 1850.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Heidelberger Druckmaschinen AG, located in Heidelberg,</sdc:value><sdc:value sdc:p="1">Germany, manufactures and wholesales printing machinery and</sdc:value><sdc:value sdc:p="2">equipment. The company provides solutions for prepress,</sdc:value><sdc:value sdc:p="3">packaging, flexo printing, and web offset printing. It also</sdc:value><sdc:value sdc:p="4">offers post press equipment, including cutters, folders,</sdc:value><sdc:value sdc:p="5">saddle stitchers, adhesive binders, die cutting, folding</sdc:value><sdc:value sdc:p="6">carton gluing, and label systems, as well as offers various</sdc:value><sdc:value sdc:p="7">spare parts, consumables, services, and training programs.</sdc:value><sdc:value sdc:p="8">It operates in Europe, the Middle East, Africa, North</sdc:value><sdc:value sdc:p="9">America, Latin America, and the Asia Pacific. The company</sdc:value><sdc:value sdc:p="10">was founded in 1850.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Heidelberger Druckmaschinen AG, located in Heidelberg, Germany, manufactures and wholesales printing machinery and equipment. The company provides solutions for prepress, packaging, flexo printing, and web offset printing. It also offers post press equipment, including cutters, folders, saddle stitchers, adhesive binders, die cutting, folding carton gluing, and label systems, as well as offers various spare parts, consumables, services, and training programs. It operates in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company was founded in 1850.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">manroland AG, located in</sdc:value><sdc:value sdc:p="1">Offenbach, Germany,</sdc:value><sdc:value sdc:p="2">manufactures and wholesales</sdc:value><sdc:value sdc:p="3">printing systems with</sdc:value><sdc:value sdc:p="4">locations in Augsburg,</sdc:value><sdc:value sdc:p="5">Mainhausen and Plauen. Its</sdc:value><sdc:value sdc:p="6">products include web fed</sdc:value><sdc:value sdc:p="7">offset systems and sheet fed</sdc:value><sdc:value sdc:p="8">offset systems, which are</sdc:value><sdc:value sdc:p="9">offered to customers in almost</sdc:value><sdc:value sdc:p="10">100 countries in 5 continents.</sdc:value><sdc:value sdc:p="11">Its services include project</sdc:value><sdc:value sdc:p="12">planning and integrating</sdc:value><sdc:value sdc:p="13">entire production systems, and</sdc:value><sdc:value sdc:p="14">constructing print shop</sdc:value><sdc:value sdc:p="15">buildings. It was founded in</sdc:value><sdc:value sdc:p="16">1845.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">manroland AG, located in Offenbach, Germany, manufactures</sdc:value><sdc:value sdc:p="1">and wholesales printing systems with locations in Augsburg,</sdc:value><sdc:value sdc:p="2">Mainhausen and Plauen. Its products include web fed offset</sdc:value><sdc:value sdc:p="3">systems and sheet fed offset systems, which are offered to</sdc:value><sdc:value sdc:p="4">customers in almost 100 countries in 5 continents. Its</sdc:value><sdc:value sdc:p="5">services include project planning and integrating entire</sdc:value><sdc:value sdc:p="6">production systems, and constructing print shop buildings.</sdc:value><sdc:value sdc:p="7">It was founded in 1845.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>manroland AG, located in Offenbach, Germany, manufactures and wholesales printing systems with locations in Augsburg, Mainhausen and Plauen. Its products include web fed offset systems and sheet fed offset systems, which are offered to customers in almost 100 countries in 5 continents. Its services include project planning and integrating entire production systems, and constructing print shop buildings. It was founded in 1845.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>31 Aug 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 31 Aug 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 08/31/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Merger</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Not 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">GERMANY - Heidelberger</sdc:value><sdc:value sdc:p="1">Druckmaschinen AG was rumored</sdc:value><sdc:value sdc:p="2">to be planning to merge with</sdc:value><sdc:value sdc:p="3">manroland AG, an Offenbach-</sdc:value><sdc:value sdc:p="4">based manufacturer and</sdc:value><sdc:value sdc:p="5">wholesaler of printing</sdc:value><sdc:value sdc:p="6">systems and a majority-owned</sdc:value><sdc:value sdc:p="7">unit of Allianz SE's Allianz</sdc:value><sdc:value sdc:p="8">Capital Partners GmbH.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>GERMANY - Heidelberger Druckmaschinen AG was rumored to be planning to merge with manroland AG, an Offenbach- based manufacturer and wholesaler of printing systems and a majority-owned unit of Allianz SE's Allianz Capital Partners GmbH.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">GERMANY - Heidelberger Druckmaschinen AG was rumored to be planning to merge with</sdc:value><sdc:value sdc:p="1">manroland AG, an Offenbach- based manufacturer and wholesaler of printing systems and a</sdc:value><sdc:value sdc:p="2">majority-owned unit of Allianz SE's Allianz Capital Partners GmbH.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">GERMANY - Heidelberger Druckmaschinen AG was rumored to be planning to merge with manroland AG, an Offenbach- based manufacturer and wholesaler of printing systems and a majority-owned unit of Allianz</sdc:value><sdc:value sdc:p="1">SE's Allianz Capital Partners GmbH.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">GERMANY - Heidelberger Druckmaschinen AG was rumored to be planning to merge with manroland AG, an Offenbach- based manufacturer and</sdc:value><sdc:value sdc:p="1">wholesaler of printing systems and a majority-owned unit of Allianz SE's Allianz Capital Partners 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Moody's uses European Insurers' Solvency I ratios with caution in assessment of capitalisation London, ## August #### -- In a new Special Comment, Moody's Investors...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2346534</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2346534</ccbn:docid><guid isPermaLink="false">ccbn/T2346534</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>08 Aug 2009 10:16:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2346534</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of AZ earnings conference call or presentation, 7-Aug-09 3:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Allianz SE</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Allianz SE Q2 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AZ</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">3:00pm CET</ccbn:time><title>Allianz SE Q2 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Michael Huttner JP Morgan - Analyst William Hawkins KBW - Analyst Andrew Broadfield Morgan Stanley - Analyst James Quin Citigroup - Analyst Will Morgan Goldman Sachs - Analyst Fabrizio Croce Kepler Capital Markets - Analyst Paul Goodhind Redburn Partners - Analyst Stefan Kalb Sal Oppenheim - Analyst Nick Holmes Nomura - Analyst Brian Shea Bank of America - Analyst Michael Haid Cheuvreux - Analyst Charles Graham ING - Analyst Spencer Hogan Deutsche Bank - Analyst Tony Silverman Standard &amp; Poor's Equity Research - Analyst P R E S E N T A T I O N...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B2346534</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2346534</ccbn:docid><guid isPermaLink="false">ccbn/B2346534</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>07 Aug 2009 04:14:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2346534</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of AZ earnings conference call or presentation, 7-Aug-09 3:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Allianz SE</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Allianz SE Q2 2009 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AZ</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">3:00pm CET</ccbn:time><title>Allianz SE Q2 2009 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Michael Huttner JP Morgan - Analyst William Hawkins KBW - Analyst Andrew Broadfield Morgan Stanley - Analyst James Quin Citigroup - Analyst Will Morgan Goldman Sachs - Analyst Fabrizio Croce Kepler Capital Markets - Analyst Paul Goodhind Redburn Partners - Analyst Stefan Kalb Sal Oppenheim - Analyst Nick Holmes Nomura - Analyst Brian Shea Bank of America - Analyst Michael Haid Cheuvreux - Analyst Charles Graham ING - Analyst Spencer Hogan Deutsche Bank - Analyst Tony Silverman Standard &amp; Poor's Equity Research - Analyst OVERVIEW...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_184279_809416491</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_184279_809416491</moodys:docid><guid isPermaLink="false">moodys/PR_184279_809416491</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>06 Aug 2009 06:23:43 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz Life Insurance Co Ltd</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz Life Insurance Co of North America</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Allianz SE</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Allianz Life Insurance Co Ltd; Allianz Life Insurance Co of North America; Allianz SE</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809416491</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600017662</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">384000</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">05 Aug 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's affirms Allianz Life of North America's A2 IFSR (stable outlook)</title><description>Global Credit Research Announcement # AUG ####   Announcement: Allianz Life Insurance Co Ltd Moody's affirms Allianz Life of North America's A# IFSR (stable outlook) New York, August ##, #### -- Moody's Investors Service affirmed the...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item></channel></rss>