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Allianz Group and AGCS Q3 2011 results

Q3 2011 financial results for Allianz Group and AGCS announced on 11th November 2011.

 

In the third quarter of 2011, Allianz maintained revenues at a high level and achieved a solid operating profit. Total revenues for 9M 2011 reached €78.5 billion and operating profit was €5.9 billion, close to 2010’s 9M figure of €6.1 billion.

Gross written premiums for AGCS globally (incl. Allianz Risk Transfer Group business – ‘ART’) have increased by 8% to €3.9 billion (9M 2010: €3.6 billion), driven by integration of Allianz business in Hong Kong, Singapore and South Africa, and by new branches in The Netherlands and Belgium.

 

 

For the full AGCS picture, download the AGCS Q3 2011 Results Update here.

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