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Allianz Group and AGCS Q1/3M 2018 Results

Allianz Group and AGCS released its financial results for the first quarter 2018 ('3M 2018').

  • In the first quarter 2018, AGCS increased gross premium written to €2.467 billion (3M 2017: €2.334 billion), which is €133 million higher year on year.
  • The combined ratio for 3M 2018 stands at 94.6% compared to 100.3% for 3M 2017. The loss ratio benefitted from a benign loss environment compared to the first quarter 2017 when AGCS was impacted by several
    high severity claims.
  • Operating profit reached €139 million in 3M 2018 (3M 2017: €109 million) which is €31 million higher than prior year.


For the full AGCS picture, download the AGCS Q1/3M 2018 results briefing here

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