Allianz reports record operating profit for 4Q and 12M 2022

Παρασκευή, 17 Φεβρουαρίου 2023 13:49

12M 2022:

Total revenues increase 2.8 percent to 152.7 billion euros
Operating profit jumps 5.7 percent to 14.2 billion euros, driven by excellent performance in Property-Casualty and Life/Health business segments
Net income attributable to shareholders rises by 1.9 percent to 6.7 billion euros

4Q 2022:

Total revenues 36.7 billion euros, down by 4.5 percent
Operating profit surges by 12.7 percent to 4.0 billion euros, driven by strong performance in the Life/Health business segment
Net income attributable to shareholders at 2.0 billion euros compared with minus 0.3 billion euros in the prior year
Solvency II capitalization ratio comfortable at 201 percent¹ compared with 199 percent at the end of third quarter 2022

Outlook:

2023 operating profit target of 14.2 billion euros, plus or minus 1 billion euros²

Other:

Management to propose a dividend of 11.40 euros per share, an increase of 5.6 percent from 2021
Latest share buy-back program of 1 billion euros initiated on November 21, 2022 still under way. Shares worth 544.2 million euros bought back as of February 3, 2023

Results

The results and related documents can be found in the download center.

"With our record results for both revenue and operating profit in 2022, Allianz has consolidated its position as one of the world’s largest, most resilient, and trusted global financial institutions.

Our performance is the product of thoughtful design, reliable execution, relentless simplification, and disciplined capital management. Also, customer and employee satisfaction as well as brand strength reached new all-time high scores.

In an unpredictable world with growing risks and societal imbalances, we are proudly demonstrating our ability to leverage the benefits of Allianz’s scale for our customers, our employees, and our shareholders.”

Oliver Bäte, Chief Executive Officer of Allianz SE

View full Press Release

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