Allianz reports 2.3 billion euros operating profit in 1Q 2020

The COVID-19 induced turmoil in the financial markets and a slowing economy have clearly aggravated busi-ness conditions for the financial services industry. However, Allianz with its well-diversified business portfolio and a robust balance sheet is well prepared to manage the Corona crisis and has achieved good results in the first quarter of 2020.

Allianz withdraws profit target for 2020

On the basis of the preliminary results for the first quarter 2020 Allianz Group expects an operating profit for 1Q of 2.3 billion euros (1Q 2019: 3.0 billion euros) and a shareholder’s net income for 1Q of 1.4 billion euros (1Q 2019: 2.0 billion euros). 

Allianz reports 11.9 billion euros operating profit in 2019 – the fifth consecutive increase

Allianz Group achieved outstanding results in revenues, operating profit and net income in 2019 despite a further decline in interest rates. Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 5.9 percent, driven by all business segments.

Allianz reports strong operating profit of 3.0 bn euros in 3Q 2019. FY operating profit outlook in upper half of target range

Allianz Group closed another successful quarter with a strong business performance. Dynamic revenue development and robust profitability in all business segments are evidence of our strategy execution and support our full-year outlook.

Allianz reports strong profitability in 2Q 2019, operating profit outlook for full-year confirmed

After a successful start into 2019, Allianz Group continued with a very strong operating performance in the second quarter of the year. At the heart of this result is Allianz’ focused strategy, strong execution, and its diversified business portfolio.

Allianz reports operating profit of 3 billion euros in 1Q 2019

Allianz Group continued its successful course from 2018 with a strong first quarter 2019. The results demonstrate the resilience of our business segments and continued progress in executing our Renewal Agenda. Internal revenue growth, which adjusts for currency and consolidation effects, was 7.5 percent.

4Q and FY 2018 earnings: Allianz delivers as promised

Allianz Group had a successful year in 2018 meeting its performance targets in all segments and maintaining a high level of capital strength. Based on preliminary figures internal revenue growth, which adjusts for currency and consolidation effects, amounted to 6.1 percent, and was supported by all operating business segments.

Allianz achieves operating profit of 3 bln euros in 3Q of 2018

Internal revenue growth, which adjusts for currency and consolidation effects, amounted to 9.8 percent and was supported by all business segments. Total revenues increased by 7.9 percent to 30.5 (third quarter of 2017: 28.3) billion euros

Allianz Real Estate continues its growth story, reaching 60 bln euros AuM for Allianz companies and launching its first debt fund

The real estate portfolio of Allianz continued to grow in the first half of 2018. Allianz Real Estate, the real estate investment and asset manager of the Allianz Group, expanded its global presence and continued to diversify across direct and indirect equity and debt asset classes reaching 60.1 billion euros in assets under management at the end of June 2018 (56.4 billion euros at the end of 2017).