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An interview with Lukas Junker

Five questions about pensions and inflation

Allianz SE | Munich | Apr 17, 2023

What impact does inflation have on pensions? Should life insurance customers be afraid of inflation? And is it a good idea to cancel or pause your policy in order to save money for high energy prices? Lukas Junker, Head of Global Center of Competence Life at Allianz SE, addresses these questions and more.

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The Cost of Living Series

This article is part of a content series that looks at the different ways in which the increased cost of living affects individuals, businesses, and society as a whole. With Allianz’s unique position as a truly global insurer and asset manager, we will also look at ways in which we can offset these effects as a company and what we are already doing to secure your future in times of economic shock.  

About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with more than 122 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 717 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.7 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2022, over 159,000 employees achieved total revenues of 152.7 billion euros and an operating profit of 14.2 billion euros for the group***.
*Including non-consolidated entities with Allianz customers.
**As of March 31, 2023
***As reported – not adjusted to reflect the application of IFRS 9 and IFRS 17.

Cautionary note regarding forward-looking statements

As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements:

Related information & reports

Insurance protects when things fall apart (April 3, 2023)
Insurance’s role in absorbing the impact of inflation (March 15, 2023)
Five questions about the cost of living with Andreas Jobst (Feb. 28, 2023)

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