Saturday, August 23, 2014   

Allianz books 6b euros earnings
(02-27 15:53)

Allianz, Europe's leading insurer, said it was confident of its performance this year after profits grew in 2013.
“In a politically and economically challenging environment Allianz produced very good results for 2013, and we want to maintain that level this year as well,'' said chief executive Michael Diekmann.
“The environment will remain challenging in 2014, but our performance shows that we are well positioned,'' Diekmann said.
“Our operating profit outlook for 2014 is 10 billion euros, plus or minus 500 million euros,'' he said.
In 2013, Allianz lifted net profit by 14.6 percent to 6 billion euros.
Operating profit was up by 7.8 percent to 10.1 billion euros and revenues climbed by 4.1 percent to 110.8 billion euros.
The number of customers increased by five million to 83 million, Allianz added.
Allianz said it would pay shareholders an increased dividend of 5.30 euros per share for 2013, compared with 4.50 euros a year earlier.—AFP


   
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