Net profit attributable to shareholders decreased by 17% to €1.57bn for Q3 17 versus the same period last year. Premiums earned were flat at €17.3bn for Q3 17. Operating investment result declined by 17% to €5.4bn for Q3 17 compared to Q3 16. Fee and commission income was down by 8% to €2.5bn in Q3 17. Insurance claims decreased by 1.8% to €12.5bn in Q3 17. Changes in insurance reserves declined by 12% to €3.32bn for Q3 17. Operating profit decreased by 17% to &e
10 Nov 2017
Solid Q3 17 figures, new share buy-back programme of €2bn
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Solid Q3 17 figures, new share buy-back programme of €2bn
Allianz SE (ALV:WBO) | 0 0 (-0.1%) | Mkt Cap: 83,357m
- Published:
10 Nov 2017 -
Author:
Dieter Hein -
Pages:
3
Net profit attributable to shareholders decreased by 17% to €1.57bn for Q3 17 versus the same period last year. Premiums earned were flat at €17.3bn for Q3 17. Operating investment result declined by 17% to €5.4bn for Q3 17 compared to Q3 16. Fee and commission income was down by 8% to €2.5bn in Q3 17. Insurance claims decreased by 1.8% to €12.5bn in Q3 17. Changes in insurance reserves declined by 12% to €3.32bn for Q3 17. Operating profit decreased by 17% to &e