ALLIANZ SE


Associated tags: Allianz, Life, Dow Jones, Allianz Global Investors, PIMCO, Insurance, OTC

Locations: US, AFRICA, MIDDLE EAST, LATIN AMERICA, NETHERLANDS, USA, DEUTSCHLAND, UNITED STATES, NORTH AMERICA, NEW YORK, OPPENHEIMER, WICKERSHAM, GERMANY, EUROPE

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

Retrieved on: 
Wednesday, March 13, 2024

“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

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.

Offshore Windfarm Hollandse Kust Zuid Inaugurated

Retrieved on: 
Friday, September 29, 2023

Today, Dutch King Willem-Alexander jointly with the board members of Vattenfall, BASF, and Allianz officially inaugurated the offshore wind farm Hollandse Kust Zuid 1-4.

Key Points: 
  • Today, Dutch King Willem-Alexander jointly with the board members of Vattenfall, BASF, and Allianz officially inaugurated the offshore wind farm Hollandse Kust Zuid 1-4.
  • View the full release here: https://www.businesswire.com/news/home/20230929518869/en/
    Inauguration Hollandse Kust Zuid wind farm.
  • Hollandse Kust Zuid will not only contribute to reducing BASF’s carbon footprint but will also help meet local businesses' and households' demand for fossil free electricity.”
    “Hollandse Kust Zuid plays an important role in our transition toward net zero.
  • Two offshore substations connect Hollandse Kust Zuid to the Dutch grid.

Oliver Bäte, Allianz CEO, Addresses United Nations Climate Ambition Summit

Retrieved on: 
Thursday, September 21, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230921957666/en/
    Oliver Baete, Allianz CEO, speaking at the UN Climate Ambitions Summit on September 20, 2023.
  • (Photo: Business Wire)
    Allianz CEO Oliver Bäte was representing the UN-Convened Net-Zero Asset Owner Alliance (NZAOA) and Allianz's commitment as a "first mover and doer" in the global effort to combat the climate crisis.
  • Since we last came together to announce the launch of the UN-Convened Net Zero Asset Owner Alliance in 2019 in this building, the world has changed profoundly.
  • The long era of robust economic growth, low inflation, and geopolitical stability is over, and it’s replace by uncertainty, volatility, and war.

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

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.