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Another strong results for Allianz during the third-quarter 2021 that prove that we are on the right track!

November 17th, 2021

For the third consecutive quarter in 2021, the Allianz Group has delivered a strong operating performance across all business segments. This demonstrates that our business model is well-positioned to leverage the opportunities arising from a recovery in the global economic environment and in financial markets.

In the first nine months of 2021, the Group has achieved 82 percent of the operating profit target of 12 billion euros for the year, driven by all three business lines. The Asset Management and the Life/Health business segments reported their best-ever third quarter operating results; the Property-Casualty business segment maintained its strong underlying profitability, even in an environment marked by intense natural catastrophes.

Q3 financial results 2021

“This was our strongest-ever third quarter. I see this as a confirmation of our ability to serve customers and investors alike,” said Oliver Bäte, Chief Executive Officer of Allianz SE. “Extreme weather events and rapid macroeconomic shifts highlight the important contribution that insurers and asset managers can make to society. And our solid numbers prove that we can do so with a healthy financial performance.”

“These results demonstrate the good momentum in all our business segments. Our franchise is in an excellent shape,” said Giulio Terzariol, Chief Financial Officer of Allianz SE. “I see Allianz as being on track to reach an operating profit at the higher end of our target range.”

This can only mean that we are adapting to change and that are a company that is always looking to evolve and continue to work hard to become simpler, clearer, closer to our customers. 

Dive in more into the numbers in the following link: https://www.allianz.com/en/press/news/financials/business_results/211110_Allianz-3Q-2021-earnings-release.html