The Atlantinc hurricane season starts in June and lasts until end November. With the most active months August, September, and October lying ahead of us, Dr. Sarah Abelen from Natural Catastrophe Risk Management at Allianz Global Corporate & Specialty (AGCS) talks about the impending risks of and main influences on devastating hurricanes.
Munich, Aug 09, 2016
(La Niña graphic shown in the video: NOAA climate.gov)
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Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros.