Allianz Increases Profit Despite Billion Damages

Welt

Lean Right

Factuality

Ownership

Allianz earned significantly more than expected at 4.7 billion euros in the third quarter. "The broadly distributed capital income shows that the company is well positioned," says Heiko Böhmer, a capital market strategist, in conversation with Dietmar Deffner.

Herbert Frommes Versicherungsmonitor

Factuality

Ownership

Allianz earned well in the third quarter, asset management went particularly well. In industrial insurance, however, the Group felt the falling prices, and natural disasters hit the company. Allianz was able to absorb this partly through increased reserve resolutions. Allianz, the Munich-based insurance group, felt the consequences of the soft market © picture alliance / dpa [...]

Quotidiano Nazionale

Factuality

Ownership

The company has positive results despite an impact of 1.1 billion of natural disasters that hit Europe in the summer

onetz.de

mainwelle.de

View article

Reposted by

mainwelle.de

Factuality

Ownership

Natural disasters caused very high costs at Allianz in the summer. Nevertheless, consolidated profit increased in the third quarter.