Outlook for the Allianz Group

Outlook 2020

For 2020, an operating profit of 12.0 billion euros is expected, plus or minus 500 million euros (up by 4.3 percent compared to previous year's target). 

Source: Full year and quarterly earnings release 2019

Operating profit (EUR bn)

Allianz - Outlook 2019
  Source: Analyst presentation on the results 2019, chart B 39 (released on 02/21/2020)

As always, natural catastrophes and adverse developments in the capital markets, as well as factors stated in our cautionary note regarding forward-looking statements, may severely affect the results of our operations.