Stock markets were again dominated by the pandemic in 2021. While the price upswing on the stock exchanges in the first half of the year was driven by hope of rapid success in the vaccination campaigns, the price increases flattened out in the second half of the year, as a result of new virus variants and increasing inflation. In a year-on-year comparison, the EURO STOXX 50 increased by 21.0%.
For the insurance sector, the plus was somewhat less pronounced. The STOXX Europe 600 Insurance gained 15.4%. Allianz shares traded 3.5% higher at 207.65 euros as the possible impact of legal disputes in the USA weighed on the price. Including the dividend of 9.60 euros, the increase in value was 8.1%. In a five-year comparison, the average annual increase in value was 10.8%.