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 May 14th 2004 Commission File Number: 1-15154 ALLIANZ AKTIENGESELLSCHAFT 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ALLIANZ AKTIENGESELLSCHAFT AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.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 AG - Group Key Figures 1. Quarter 2004 MUNICH, Germany--(BUSINESS WIRE)--May 14, 2004-- Allianz AG - Group Key Figures 1. Quarter 2004 1. Quarter 2003 1.Quarter 2004 Group Key Figures Net income (in mio. Euros) -546 675 Shareholders'equity ( in bill. Euros) 28.6(1) 29.81 Key figures by lines of business Insurance Statutory premiums(2)(in bill. Euros) 25.1 25.0 Combined ratio (3) (in %) 97.7 95.8 Banking (4) Net revenues(5)(in Mio. Euros) 1,893 1,664 Net loan loss loan provision (in mio. Euros) -351 -135 Administrative expenses (in mio. Euros) -1,479 -1,354 Asset Management Third party assets under management 553 598 (in bill. Euros) (1) Year end 2003 (2) including premiums from investment products in life insurance (3) property and casualty (4) Dresdner Bank - contribution to banking segment of Allianz Group (5) net interest income and net fee and commission income and net trading income These assessments are as always subject to the disclaimer provided below. 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 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 AKTIENGESELLSCHAFT By: /s/ Dr. Reinhard Preusche --------------------------------------------- Dr. Reinhard Preusche Group Compliance By: /s/ Dr. Giovanni Salerno ---------------------------------------------- Dr. Giovanni Salerno Group Compliance Date: May 14th 2004