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Allianz Increases Operating Profit by 6.8% to 4.0 Billion Euros

2024年05月24日 16:45:38来源：作者：

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Group Affirms Full-year Outlook

MUNICH--(BUSINESS WIRE)--May 15, 2024

1Q 2024:

Total business volume advances 5.3 percent to 48.4 billion euros
Operating profit increases 6.8 percent to 4.0 billion euros driven by the Property-Casualty business segment, supported by good results in the Asset Management and the Life/Health business segments
Shareholders’ core net income rises to 2.5 billion euros, up by 15.7 percent
Strong Solvency II capitalization ratio of 203 percent1

Outlook:

2024 operating profit target maintained at 14.8 billion euros, plus or minus 1 billion euros2

Other:

1		Excluding the application of transitional measures for technical provisions and with quarterly dividend accrual.
2		As always, natural catastrophes and adverse developments in the capital markets, as well as factors stated in our cautionary note regarding forward-looking statements may severely affect the operating profit and/or net income of our operations and the results of the Allianz Group.

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