Allianz Insurance Group recently announced the "annual financial report" shows that in 2007 by the Group's total revenue in 2006 of 101.1 billion euros rose to 102.6 billion euros, by 2006 natural disasters grade lower than perennial factors, operating profit from 10 billion euros Increased to 10.9 billion euros, an increase of 9 percent, from 7 billion euros net income soared by 13.5 percent to 8 billion euros. Shareholder rights and interests of 48 billion euros, compared with last year's 50 billion euros still maintain a high standard. Customers worldwide growth in the number as high as 7 percent, from 75 million to 80 million.
Allianz Group chief executive Michael Diekmann said that the second half of 2007 despite the financial market environment extremely challenging, the Group's total revenue, operating profit and net income have increased over last year. Various business fields in the overall success of the performance of both . However, the investment banking part of the business of credit by the impact of the crisis is more serious. Life insurance and health insurance and asset management business achieved profit growth, property insurance and accident insurance operating profits continue to maintain strong growth momentum. As the diversification of the group's business, the Group of individual markets and fluctuations in the field of accidents and the ability to resist growing.
"Financial reports" showed that in 2007 the Allianz Group in the property insurance and liability insurance premium income from 2006's 43.7 billion euros to 44.3 billion euros, operating profit was 6.3 billion euros, with 2006 unchanged. Comprehensive cost rate of 92.9 percent compared to last year, slightly rose to 93.6 percent. Despite natural disasters payment of up to 774 million euros, but remained at 94 percent below the target range.
2007 Group life insurance and health insurance business operating profit in the creation by 2006 of 2.6 billion euros to nearly 3 billion euros of new record, after adjusting the exchange rate of total factor income rose 6.3 percent. Premium income in Germany, France, Italy's growth is particularly significant. Asia-Pacific region and Central and Eastern Europe over a year the total income increased by nearly 27 percent.
Group's Dresdner Bank continued to maintain profit, operating profit 73 million euros, and in 2006 for 1.4 billion euros. In addition to investment banking part of the business of credit by the impact of the crisis, all other banking operations good. In the area of asset management, innovative products and the long-term trend of demand growth, achievement of the 2007 continuation of positive growth trend. Operating profit increased to 1.29 billion euros from 1.36 billion euros, an increase of 12.8 percent.
Vision 2008 years of development, said Michael Diekmann, 2007 although the financial market is very volatile, but Allianz still achieved a high growth rate. This once again proved that the stability of the potential profitability. Allianz is ready to meet the challenges of 2008. However, the changes in the financial markets may give the Group's business brought about the unusual.
Allianz Group chief executive Michael Diekmann said that the second half of 2007 despite the financial market environment extremely challenging, the Group's total revenue, operating profit and net income have increased over last year. Various business fields in the overall success of the performance of both . However, the investment banking part of the business of credit by the impact of the crisis is more serious. Life insurance and health insurance and asset management business achieved profit growth, property insurance and accident insurance operating profits continue to maintain strong growth momentum. As the diversification of the group's business, the Group of individual markets and fluctuations in the field of accidents and the ability to resist growing.
"Financial reports" showed that in 2007 the Allianz Group in the property insurance and liability insurance premium income from 2006's 43.7 billion euros to 44.3 billion euros, operating profit was 6.3 billion euros, with 2006 unchanged. Comprehensive cost rate of 92.9 percent compared to last year, slightly rose to 93.6 percent. Despite natural disasters payment of up to 774 million euros, but remained at 94 percent below the target range.
2007 Group life insurance and health insurance business operating profit in the creation by 2006 of 2.6 billion euros to nearly 3 billion euros of new record, after adjusting the exchange rate of total factor income rose 6.3 percent. Premium income in Germany, France, Italy's growth is particularly significant. Asia-Pacific region and Central and Eastern Europe over a year the total income increased by nearly 27 percent.
Group's Dresdner Bank continued to maintain profit, operating profit 73 million euros, and in 2006 for 1.4 billion euros. In addition to investment banking part of the business of credit by the impact of the crisis, all other banking operations good. In the area of asset management, innovative products and the long-term trend of demand growth, achievement of the 2007 continuation of positive growth trend. Operating profit increased to 1.29 billion euros from 1.36 billion euros, an increase of 12.8 percent.
Vision 2008 years of development, said Michael Diekmann, 2007 although the financial market is very volatile, but Allianz still achieved a high growth rate. This once again proved that the stability of the potential profitability. Allianz is ready to meet the challenges of 2008. However, the changes in the financial markets may give the Group's business brought about the unusual.
No comments:
Post a Comment