Login Register Subscribe
Current Issue

Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Allianz' net income rises 21% in Q1

Reprints

Allianz S.E.'s net income increased 21% year on year to €2.2 billion ($2.51 billion) during the first quarter of 2016, reports Bloomberg.

Allianz beat analysts' net income expectations of €1.55 billion as the insurer was helped by gains from selling investments.

The insurer expects its operating profit to be up to €11 billion in 2016.

Allianz' Solvency II ratio fell to 186% at the end of first quarter from 200% in the last quarter of 2015.

Read more