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
Delta Air Lines Inc. (DAL) pilots, represented by the Air Line Pilots Association International, are picketing on Friday at several airports across the country. The pilots said the picketing was to raise the sense of urgency in ongoing contract negotiations. The negotiations between the pilots... Charter Communications, and its recently acquired subsidiary Time Warner Cable, have been regularly overcharging its consumers to a tune of $7.2 million per year, according to a report from the U.S. Senate's Permanent Subcommittee on Investigations. According to the report, Time Warner Cable over-billed... Popular photo sharing network Instagram is adding a new translation button on its pages, so that the global crowd can read and enjoy the captions and comments given for the photographs uploaded. The new update will be available from next month onward.
comments powered by Disqus
Follow RTT