Allianz publishes fourth quarter, full-year numbers

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Allianz publishes fourth quarter, full-year numbers


Metric

This fall 2022

This fall 2021

FY 2022

FY 2021

Total revenues

€36.7 billion

€38.4 billion

€152.7 billion

€148.5 billion

Operating revenue

€4 billion

€3.5 billion

€14.2 billion

€13.4 billion

Net earnings attributable to shareholders

€2 billion

adverse €292 million

€6.7 billion

€6.6 billion

 

Segment-wise, property-casualty insurance coverage’s working revenue within the fourth quarter slid by 5.4% whereas FY22 working revenue grew 8.4%; life/medical health insurance noticed a 50.5% surge in This fall working revenue whereas that for the 12 months rose by 5.4%; and asset administration posted decreases in working revenue for each intervals, by 22.2% and eight.3%, respectively, within the final quarter and 12 months.

Lifting the lid on the group’s working revenue for FY22, Allianz famous in its earnings announcement that the property-casualty enterprise section contributed greater underwriting and funding outcomes, whereas the rise in working revenue in life/well being was attributed to the acquired Polish operations from Aviva and enterprise development in Asia.

Allianz SE chief government Oliver Bäte commented: “With our report outcomes for each income and working revenue in 2022, Allianz has consolidated its place as one of many world’s largest, most resilient, and trusted world monetary establishments.

“Our efficiency is the product of considerate design, dependable execution, relentless simplification, and disciplined capital administration. Also, buyer and worker satisfaction in addition to model power reached new all-time excessive 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.”

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