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