Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Allianz Remains Committed To Cautious Investment Strategy - Quick Facts

Allianz (AZSEY.PK) said that, given the volatile capital market environment, it remains committed to a cautious investment strategy.

Although the overall environment remains challenging, the company believes that it will be able to boost its operating profit to 8.2 billion euros, plus and minus 500 million euros.

The company noted that three operating segments will make different contributions to the planned increase in earnings. It expects claims due to natural catastrophes to normalize, allowing operating results in the P&C insurance segment to improve. Allianz also expects to see a slight increase in earnings in the life and health insurance business.

Further, Allianz proposed to the Annual General Meeting that the dividend be kept constant in a year-over-year comparison at 4.50 euros per share.

Click here to receive FREE breaking news email alerts for Allianz SE and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears... Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.