Revenues increase in the third quarter by 4.7 percent to 25.2 billion euros / Operating profit grows by one third to 2.5 billion euros / Quarterly net income of 1.4 billion euros at high level / Solvency ratio further improves to 190 percent / Allianz expects 2012 operating profit to exceed 9 billion euros
Allianz Group achieved an operating profit of 2.5 billion euros in the third quarter 2012 due to a better-than-expected performance across all segments, especially in asset management. Net income rose to 1.4 billion euros in the third quarter.
Once again, in 2012 Allianz SE has offered employees a share purchase program. The program has resulted in the issuance of 650,000 new shares of Allianz stock. The volume of Allianz SE shares has thus expanded to a total of 455,950,000.
Allianz France announces today that it has completed the acquisition of the Property & Casualty brokerage-related activities (excluding Transport) of Gan Eurocourtage, a wholly-owned subsidiary of Groupama SA.
Revenues stable at 2.1 billion euros / Life and Health insurance delivers double-digit growth rate / Integration of Allianz Property and Casualty companies in Russia successfully completed. New company re-branded as Allianz Russia
Revenues increase to 25.2 billion euros / Operating profit rises to 2.4 billion euros / Quarterly net income grows over 20 percent / Strong capital position fortified / Operating profit outlook for 2012 of 8.2 billion euros plus/minus 0.5 billion euros confirmed