The Allianz Group Half-year Report 2020 was released on August 5, 2020.
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International Financial Reporting Standards (IFRS)
Since 1998 the Allianz Group has been drawing up its financial statements according to the International Accounting Standards (IAS). Since 2002 the designation "International Financial Reporting Standards" (IFRS) applies to the overall framework of all standards approved by the International Accounting Standards Board (IASB).
Thus the accounting of the Allianz Group is comparable with that of its international peers. The annual financial statement of Allianz SE is drawn up in keeping with the requirements of the HGB (Handelsgesetzbuch = Generally Accepted German Accounting Principles).