insurer
Allianz deserves a lot
The insurance company provides a record half -year – and breaks expectations. The lower disaster damage also plays a role here.
After a surprisingly good quarter with lower disaster damage, the insurer Allianz sees itself on the right track to the profit destination for 2025. The operational profit should continue to achieve 15 to 17 billion euros, the DAX group said in Munich on Thursday.
After the first six months it is a good 8.6 billion euros – a record, as CEO Oliver Bäte said. If you collect the numbers for the year over the year, the Alliance heads for the top end of its target.
In the second quarter, Allianz increased its business volume by a good four percent to 44.5 billion euros. The operational profit rose by twelve percent to 4.4 billion euros and exceeded the average expectations of analysts. The bottom line was that a profit of a good 2.8 billion euros, an increase of 13 percent. Here, too, industry experts had expected less.
dpa
Source: Stern
