logo
Share SHARE
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
The biotech space is not for the faint hearted, given the ebbs and flows in terms of the returns from investing in it. However, for one who perseveres and astutely devises strategies with full cognizance of key regulatory events coming up, the probability of drug candidates getting FDA's blessings and sympathy plays in the space, it provide a sea of opportunity and huge upside prospects. Alcobra Ltd.'s Investigational New Drug Applications for drug candidate MDX in Attention Deficit Hyperactivity Disorder and Fragile X Syndrome have been put on full clinical hold, following adverse neurological findings in a pre-clinical study. Chinese conglomerate Dalian Wanda is in talks to buy Dick Clark Productions, as the company aims to expand in to the US entertainment industry. According to reports, Dalian Wanda Group has started preliminary talks to buy Dick Clark Productions for a price of about $1 billion. Dick Clark Productions...
comments powered by Disqus
Follow RTT