VNB

EQS-News: Allianz SE: Allianz achieves record operating profit and shareholders’ core net income

Retrieved on: 
Wednesday, March 13, 2024
Acquisition, Financial instrument, Solvency, CSM, Management, Asset management, Growth, Roe, Health, Insurance, Policy, CIR, Finance, Economics, NBM, EPS, VNB, Internal

“Allianz extended our track record of delivering a record operating profit and core net income, consolidating our leading position as one of the world’s most resilient global insurers and active asset managers.

Key Points: 
  • “Allianz extended our track record of delivering a record operating profit and core net income, consolidating our leading position as one of the world’s most resilient global insurers and active asset managers.
  • Shareholders’ core net income increased to 2.4 (1.6) billion euros due to a higher operating profit and non-operating result.
  • 3 Core EPS and core RoE calculation based on shareholders‘ core net income.
  • “We’ve achieved another year of record results and all operating segments finished the year above or close to their operating profit target mid-points.

EQS-News: Allianz increases revenues by 4.5% to 36.5 billion euros - Group affirms full-year outlook

Retrieved on: 
Thursday, December 28, 2023
Roe, 3Q, Solvency, CSM, Economics, Trust, NBM, Asset management, Alpha, VOYA, Insurance, Allianz, Financial instrument, CIR, Growth, Internal, Finance, VNB, EPS, Environment, Chemical

We confirm with confidence our operating profit target of 14.2 billion euros, plus or minus 1 billion euros.

Key Points: 
  • We confirm with confidence our operating profit target of 14.2 billion euros, plus or minus 1 billion euros.
  • Favorable foreign currency translation effects of 34.4 billion euros and net inflows of 10.5 billion euros were largely offset by market effects of 37.1 billion euros.
  • 9M 2023: Operating revenues decreased by 5.9 percent to 5.8 billion euros mainly as a result of lower AuM-driven revenues.
  • Third-party assets under managementwere 1.670 trillion euros as of September 30, 2023, up by 35 billion euros from the end of 2022.

Allianz Increases Operating Profit by 7.1% to 3.8 Billion Euros

Retrieved on: 
Thursday, August 10, 2023
Asset Management, Professional Services, Insurance, Finance, Williams v Natural Life Health Foods Ltd, Asset management, VNB, Allianz, CIR, Property, Property & Casualty Management Systems, Multimedia, Solvency, Financial instrument, NBM, Growth, CSM, Roe, EPS, Internal, Economics, Economy of the Egyptian Armed Forces, Financial services, Gasoline, Clothing, Chemical, Bank, Renewable energy, Marketing, Security (finance), Transformer, Textile

View the full release here: https://www.businesswire.com/news/home/20230809567686/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230809567686/en/
    Chief Executive Officer of Allianz SE (Photo: Allianz SE)
    Operating profit increases 7.1 percent to 3.8 billion euros; strong performance particularly in Life/Health and Property-Casualty business segments
    Operating profit increases 14.9 percent to 7.5 billion euros: primarily driven by Life/Health and Property-Casualty business segments
    Excellent Solvency II capitalization ratio of 208 percent, compared with 201 percent at the end of 4Q 20221
    2023 operating profit target confirmed at 14.2 billion euros, plus or minus 1 billion euros2
    Share buy-back of up to 1.5 billion euros on track: 2.9 million shares acquired for 0.6 billion euros until the end of July 2023.
  • We confirm our full-year outlook of operating profit of 14.2 billion euros, plus or minus 1 billion euros.”
    2Q 2023: Total business volume rose by 8.0 percent to 17.6 (16.3) billion euros.
  • Operating profit rose 16.3 percent to 3.9 (3.3) billion euros, driven by a significantly higher operating insurance service result and an improved operating investment result.
  • Positive net inflows of 2.7 billion euros and favorable market impacts of 2.0 billion euros were offset by negative foreign currency translation effects of 10.5 billion euros.

EQS-News: Allianz SE: Allianz increases operating profit by 7.1% to 3.8 billion euros - Group affirms full-year outlook

Retrieved on: 
Thursday, August 10, 2023
Williams v Natural Life Health Foods Ltd, Asset management, VNB, Insurance, CIR, Property, Property & Casualty Management Systems, Finance, Solvency, Financial instrument, NBM, Allianz, Growth, CSM, Roe, EPS, Internal, Economics, Economy of the Egyptian Armed Forces, Security (finance), Financial services, Gasoline, Clothing, Chemical, Bank, Renewable energy, Marketing, Transformer, Textile

2Q 2023: Operating profit increased 7.1 percent to 3.8 (2Q 2022: 3.5) billion euros.

Key Points: 
  • 2Q 2023: Operating profit increased 7.1 percent to 3.8 (2Q 2022: 3.5) billion euros.
  • Shareholders’ core net income was strong at 2.5 (2Q 2022: 2.0) billion euros due to a higher operating profit.
  • We confirm our full-year outlook of operating profit of 14.2 billion euros, plus or minus 1 billion euros.”
    2Q 2023: Total business volume rose by 8.0 percent to 17.6 (16.3) billion euros.
  • Positive net inflows of 2.7 billion euros and favorable market impacts of 2.0 billion euros were offset by negative foreign currency translation effects of 10.5 billion euros.

Allianz Increases Operating Profit by Almost a Quarter to 3.7 Billion Euros

Retrieved on: 
Friday, May 12, 2023
Professional Services, Insurance, Business, Finance, Asset management, VNB, Allianz, Williams v Natural Life Health Foods Ltd, CIR, Multimedia, Solvency, Financial instrument, NBM, CSM, Roe, EPS, Internal, Engineered wood, Chemical, Gasoline, Clothing, Financial adviser, Bank, Financial services, Security (finance)

1Q 2023: Operating profit jumped 24.2 percent to 3.7 (1Q 2022: 3.0) billion euros.

Key Points: 
  • 1Q 2023: Operating profit jumped 24.2 percent to 3.7 (1Q 2022: 3.0) billion euros.
  • We confirm our full-year outlook of operating profit of 14.2 billion euros, plus or minus 1 billion euros.”
    1Q 2023: Total business volume rose by 11.2 percent to 24.1 (21.7) billion euros.
  • Operating profit surged by 22.7 percent to 1.9 (1.5) billion euros, due to a higher operating insurance service result that was partly offset by a slightly lower operating investment result.
  • Positive net inflows of 14.9 billion euros and favorable market impacts of 42.2 billion euros were partially offset by negative foreign currency translation effects of 23.4 billion euros.

EQS-News: Allianz SE: Allianz increases operating profit by almost a quarter to 3.7 billion euros

Retrieved on: 
Friday, May 12, 2023
Asset management, VNB, Insurance, Williams v Natural Life Health Foods Ltd, CIR, Property & Casualty Management Systems, Finance, Solvency, Financial instrument, NBM, Allianz, CSM, Roe, EPS, Internal, Security (finance), Chemical, Gasoline, Clothing, Financial adviser, Bank, Financial services

1Q 2023: Operating profit jumped 24.2 percent to 3.7 (1Q 2022: 3.0) billion euros.

Key Points: 
  • 1Q 2023: Operating profit jumped 24.2 percent to 3.7 (1Q 2022: 3.0) billion euros.
  • We confirm our full-year outlook of operating profit of 14.2 billion euros, plus or minus 1 billion euros.”
    1Q 2023: Total business volume rose by 11.2 percent to 24.1 (21.7) billion euros.
  • Operating profit increased to 1.3 (0.8) billion euros and benefited in particular from a higher result in the United States.
  • Positive net inflows of 14.9 billion euros and favorable market impacts of 42.2 billion euros were partially offset by negative foreign currency translation effects of 23.4 billion euros.

EQS-News: Allianz SE: Operating profit grows by 7.4 percent to 3.5 billion euros in 3Q - Group confirms full-year outlook

Retrieved on: 
Friday, November 11, 2022
Williams v Natural Life Health Foods Ltd, Solvency, Partnership, Environment, Alpha, VOYA, Growth, VNB, Om, Roe, PVNBP, NBM, Program, CIR, EPS, Asset management, Property & Casualty Management Systems, Internal, Acquisition, Income, Security (finance), Financial services, Renewable energy, Risk management, Chemical, Marketing, Gasoline, Reinsurance, Allianz, Aviva

3Q 2022: Operating profit increased 7.4 percent to 3.5 (3.2) billion euros, driven by improved investment and underwriting results in the Property-Casualty segment.

Key Points: 
  • 3Q 2022: Operating profit increased 7.4 percent to 3.5 (3.2) billion euros, driven by improved investment and underwriting results in the Property-Casualty segment.
  • On November 9, 2022, Allianz has announced a new share buy-back program of up to 1 billion euros.
  • 9M 2022: Operating profit increased 3.2 percent to 10.2 (9.9) billion euros, driven by higher operating profit in the Property-Casualty business segment.
  • We expect our full-year operating profit to reach the upper half of the target range of 13.4 billion euros, plus or minus 1 billion euros.

DGAP-News: Allianz SE: Allianz achieves 3.5 billion EUR operating profit in 2Q - Group confirms full-year outlook

Retrieved on: 
Friday, August 5, 2022
EPS, NBM, Alpha, Asset management, Growth, Roe, Solvency, Williams v Natural Life Health Foods Ltd, Income, VNB, Acquisition, PVNBP, Internal, Om, CIR, Security (finance), Financial services, Pharmaceutical industry, Renewable energy, Chemical, Marketing, Insurance, Life insurance, Allianz, Aviva

2Q 2022: Operating profit increased 5.3 percent to 3.5 (3.3) billion euros, driven by improved underwriting and investment results in the Property-Casualty segment.

Key Points: 
  • 2Q 2022: Operating profit increased 5.3 percent to 3.5 (3.3) billion euros, driven by improved underwriting and investment results in the Property-Casualty segment.
  • 6M 2022: Operating profit increased 1.2 percent to 6.7 (6.7) billion euros, driven by higher operating profit in the Property-Casualty and Asset Management business segments.
  • We confirm our full-year outlook of operating profit of 13.4 billion euros, plus or minus 1 billion euros.
  • Operating profit rose 5.2 percent to 3.0 (2.9) billion euros, largely driven by a significantly higher operating investment result.

DGAP-News: Allianz achieves 3.2 billion euros operating profit - Group on track to meet full-year targets

Retrieved on: 
Thursday, May 12, 2022
CIR, Income, Allianz, EPS, Roe, Structuring, Policy, Solvency, PVNBP, NBM, Aviva, Om, VNB, SME, Acquisition, Asset management, Internal, Security (finance), Insurance, Renewable energy, Chemical, Financial services

- Operating profit remains strong at 3.2 billion euros.

Key Points: 
  • - Operating profit remains strong at 3.2 billion euros.
  • The decline reflects the impact of an additional pre-tax provision of 1.9 billion euros related to the AllianzGI U.S.
  • We confirm our full-year outlook of operating profit of 13.4 billion euros, plus or minus 1 billion euros.
  • This was due to an unfavorable market impact of 110.0 billion euros and net outflows of 9.0 billion euros, partly offset by a positive impact of 30.1 billion euros from favorable foreign currency translation effects.

DGAP-News: Allianz SE: ALLIANZ POSTS STRONG RESULTS

Retrieved on: 
Thursday, February 17, 2022
Health, Income, Management, Board of Management St. Molaga's National School v The Secretary General of the Department of Education and Science, Growth, Allianz, Asset management, Internal, NBM, Environment, Om, Allianz Life, VNB, Board, PVNBP, EPS, Alpha, CIR, COVID-19, Face, Williams v Natural Life Health Foods Ltd, Life, Solvency, Security (finance), Renewable energy, Holding company, Bank, Chemical, Insurance, Financial services, Healthcare

Strong sales in the United States and Italy contributed to revenue growth in the Life/Health business segment.

Key Points: 
  • Strong sales in the United States and Italy contributed to revenue growth in the Life/Health business segment.
  • On February 17, 2022, Allianz announced a new share buy-back program of up to 1 billion euros for 2022.
  • Our strong business performance, driven by the strong underlying fundamentals of our franchise, strengthens our confidence in our outlook for 2022."
  • There was a positive impact of 28.3 billion euros from consolidation, mainly related to the Allianz Life reinsurance transaction (30.0 billion euros).