Allianz reports 2016 operating profit of €10.8bn with solid growth
By IAN Editorial Desk
News date: 17 February 2017Published 24 May 2026·5 min read
Primary source: allianz.com
By IAN Editorial Desk Allianz has reported 2016 operating profit of €10.8bn, a 0.9% increase on the prior year, despite lower top-line revenues and softer...
Allianz has reported 2016 operating profit of €10.8bn, a 0.9% increase on the prior year, despite lower top-line revenues and softer earnings in asset management. For insurance CIOs, the mix of stronger Life & Health profitability, a tighter P&C combined ratio and only modest group earnings growth shows how aggressively Allianz is already repositioning its balance sheet and product set…
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