Net profit attributable to shareholders increased by 7% to €1.94bn for Q1 18 versus the same period last year. Premiums earned were down by 1% to €17.7bn for Q1 18. Operating investment result declined by 20% to €5.2bn for Q1 18 compared to Q1 17. Fee and commission income increased by 9% to €2.8bn in Q1 18. Insurance claims were down by 2% to €12.7bn in Q1 18. Changes in insurance reserves declined by 24% to €2.8bn for Q1 18. Operating profit was down by 6% to &
15 May 2018
Solid Q1 figures
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Solid Q1 figures
Allianz SE (ALV:WBO) | 0 0 (-0.1%) | Mkt Cap: 83,357m
- Published:
15 May 2018 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shareholders increased by 7% to €1.94bn for Q1 18 versus the same period last year. Premiums earned were down by 1% to €17.7bn for Q1 18. Operating investment result declined by 20% to €5.2bn for Q1 18 compared to Q1 17. Fee and commission income increased by 9% to €2.8bn in Q1 18. Insurance claims were down by 2% to €12.7bn in Q1 18. Changes in insurance reserves declined by 24% to €2.8bn for Q1 18. Operating profit was down by 6% to &