Allianz Q4 Net Profit Rises 19% to $1.92 Billion

Article 0 Comments Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group’s finance chief said on Friday after reporting a 19 percent rise in fourth quarter profit. Allianz this week announced it would buy back […]

Allianz’ Q3 Net Profit Surges 24% to €1.94B (US$2.2B)

Article 0 Comments Allianz is “highly likely” to reach the upper half of its 2018 profit target range, Chief Financial Officer Giulio Terzariol said as the German insurer cited lower costs and claims in its third quarter results on Friday. The group aims for full-year operating profit of 11.1 billion […]

Allianz Beats Q2 Profit Estimates with Help of PIMCO Bond Fund Unit

Article 0 Comments Allianz SE said strong growth across its businesses lifted second-quarter profit as Europe’s largest insurer keeps the market waiting on any acquisitions it will undertake. The gains help keep Allianz on track to meet its full-year earnings targets, Europe’s biggest insurer said in a statement on Friday. […]