Tag: Allianz Profit

Financial, Risk Management

Allianz sees 24.2% increase in Q1 operating profit to €3.7 billion

May 12, 2023

Via: Reinsurance News

Allianz has reported that its Q1 2023 operating profit increased 24.2% to €3.7 billion, which the firm attributes to strong performance in Life/Health and Property-Casualty business segments. Meanwhile, total business volume in Q1 2023 increased by 3.9% to €46 billion. […]

Financial, Risk Management

Allianz Returns to Q4 Net Profit After U.S. Funds Debacle

February 17, 2023

Via: Insurance Journal

Germany’s Allianz on Friday swung to a fourth-quarter net profit, rebounding after taking big charges a year earlier for a U.S. funds scandal and as a higher investment margin boosted its life and health insurance business. But its asset management […]