Print

All News

Allianz Group and AGCS Q1 2016 Results

Allianz Group and AGCS releases its financial results for the first quarter of 2016.

  • AGCS continued with solid top line growth in the first quarter of 2016, generating a premium income of €2.454 billion, exceeding last year’s result by €72 million.

  • The combined ratio for Q1 2016 is 95.5% (2015: 99.6%) supported by favorable claims activity despite hailstorm NatCat losses in the US in March, and further assisted by positive run-off from prior years’ business.

  • Operating profit for Q1 2016 totaled €152 million (2015: €45 million) reflecting the solid underwriting results.

 

For the full AGCS picture, download the AGCS Q1 2016 results briefing here

For more information on Allianz SE results, please visit the Investor Relations page