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).

Allianz reports strong results for 2Q 2018 and confirms full-year outlook
Allianz reports strong results for 2Q 2018 and confirms full-year outlook

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations. 

Allianz 1Q 2018 financial results
Allianz 1Q results signal good start into 2018, on track to meet targets

Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenues increased 0.7 percent to 36.5 billion euros.

Allianz delivers strong 2017 results, proposes 5 percent dividend increase
Allianz delivers strong 2017 results, proposes 5 percent dividend increase

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. 

Allianz reports 2.5 billion euros operating profit in 3Q 2017; on track for full-year target
Allianz reports 2.5 billion euros operating profit in 3Q 2017; on track for full-year target

Allianz Group reported good results for the third quarter of 2017 after a series of hurricanes, storms and other natural catastrophes drove claims higher. Total revenues rose 2.1 percent compared to the third quarter of 2016 to 28.3 (third quarter of 2016: 27.7) billion euros, mostly due to another strong performance in the Life and Health business segment. Operating profit declined to 2.5 (3.0) billion euros, largely due to 529 million euros losses from natural catastrophes. 

Allianz delivers 83.4 percent rise in 2Q 2017 net income to 2.0 billion euros
Allianz delivers 83.4 percent rise in 2Q 2017 net income to 2.0 billion euros

Allianz achieved very good results in the second quarter of 2017. Total revenues grew by 2.0 percent to 30.0 billion euros. All business segments contributed to this increase with the majority coming from our Life and Health business segment. Operating profit amounted to 2.9 billion euros, an increase of 22.9 percent, supported by all business segments, in particular by our Property and Casualty business.

Allianz Group 2Q 2017 operating profit up 23 percent due to improvements in all segments
Allianz Group 2Q 2017 operating profit up 23 percent due to improvements in all segments

Based on preliminary figures, Allianz Group achieved a 23 percent increase in operating profit in the second quarter of 2017 to 2.9 billion euros (second quarter of 2016: 2.4 billion euros). Total revenues rose 2.0 percent to 29.994 (29.402) billion euros in the second quarter. Net income attributable to shareholders rose 83.4 percent in the second quarter to 2.0 (1.1) billion euros.