Corporate | 14 November 2003 07:28
Allianz AG
english
Allianz AG
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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1.1.- 30.9.2003 1.1.-30.9.2002
Group Key Figures (in billions Euro)
Net income(1) 0.421 -0.924
Shareholders’equity 26.3 21.8
Key Figures by Lines of Business
Insurance
Statutory Premiums (2) 64.2 61.5
Combined ratio (3) 96.9 106.7
Banking
Net revenues (4) 5.24 5.77
Net loan loss provisions 0.715 1.836
Administrative Expenses 4.596 5.473
Asset Management
Third party assets under management (5) 571 574
(1)’Results after goodwill, depreciation, taxes and minorities
(2)’Including premiums from investment-products in life insurance
(3)’Property&Casualty, not adjusted for extraordinary effects
(4)’Net interest income + net fee and commission income + net trading income
(5)’Asset management including unit linked business
Cautionary notes regarding forward-looking statements
All assessments are as always subject to the following cautionary statements.
Cautionary Note Regarding Forward-Looking Statements:
Certain of the statements contained herein may be statements of future
expectations and other forward-looking statements that are based on management’s
current views and assumptions and involve known and unknown risks and
uncertainties that could cause actual results, performance or events to differ
materially from those expressed or implied in such statements. In addition to
statements which are forward-looking by reason of context, the words ‘may, will,
should, expects, plans, intends, anticipates, believes, estimates, predicts,
potential, or continue’ and similar expressions identify forward-looking
statements. Actual results, performance or events may differ materially from
those in such statements due to, without limitation, (i) general economic
conditions, including in particular economic conditions in the Allianz Group’s
core business and core markets, (ii) performance of financial markets, including
emerging markets, (iii) the frequency and severity of insured loss events, (iv)
mortality and morbidity levels and trends, (v) persistency levels, (vi) the
extent of credit defaults (vii) interest rate levels, (viii) currency exchange
rates including the Euro-U.S. Dollar exchange rate, (ix) changing levels of
competition, (x) changes in laws and regulations, including monetary convergence
and the European Monetary Union, (xi) changes in the policies of central banks
and/or foreign governments, (xii) the impact of acquisitions, including related
integration issues, (xiii) reorganization measures and (xiv) general competitive
factors, in each case on a local, regional, national and/or global basis. Many
of these factors may be more likely to occur, or more pronounced, as a result of
terrorist activities and their consequences.
The matters discussed herein may also involve risks and uncertainties described
from time to time in Allianz AG’s filings with the U.S. Securities and Exchange
Commission. The company assumes no obligation to update any forward-looking
information contained herein.
end of message, (c)DGAP 14.11.2003
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WKN: 840400; ISIN: DE0008404005; Index: DAX-30, EURO STOXX 50
Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München und Stuttgart; EUREX; Swiss Exchange;
London; Paris; NYSE
140728 Nov 03