21st February 2021

Allianz finishes 2020 strongly
Trend

Allianz has reported 2020 financials-highlights are:
-Total revenues decreased by 1.3% to E140bn
-Operating profit of E10.8bn including negative COVID-19 impact of E1.3bn
2020 net income attributable to shareholders down 14% to E6.8bn
_Strong Solvency II capitalisation ratio of 207 percent1 at the end of 2020
-Board of Management proposes a dividend at prior-year level, E9.60 per share
-4Q 2020 total revenues stable year-on-year, 4Q 2020 operating profit up 8.2%; 4Q 2020 net income attributable to shareholders down 2.2%
-2021 operating profit target of E12bn, plus or minus E1bn

Allianz Trends(761 articles)