FONT-SIZE Plus   Neg

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
General Mills Inc. (GIS) is voluntarily recalling 1.8 million boxes of "gluten-free" Cheerios and Honey Nut Cheerios manufactured at its Lodi, California facility, as it may contain wheat. Wheat was inadvertently mixed into the gluten free oat flour at its facility in Lodi, California. As a result,... Microsoft (MSFT) has unveiled its latest tablet. The technology giant officially debuted the new Surface Pro 4 at its Windows 10 event, held in New York City on Tuesday. The product, meant to draw customers away from laptops, includes a 12.3 inch screen, with a smaller bezel than its Pro 3 predecessor. Large U.S. companies are holding trillions of dollars overseas in an effort to avoid U.S. taxes, with big-name firms like Apple (AAPL), Pfizer (PFE) and PepsiCo (PEP) named as notable examples. This is the claim made by a pair of non-profit groups, who released a study based on the firms' financial statements.
comments powered by Disqus
Follow RTT