Corporate | 3 August 2007 07:28
Allianz SE / Quarter Results
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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[Eur m] 2Q 2007 2Q 2006
Total revenues (Euro bn) 24.3 24.1
Operating Profit 3,288 2,794
-Property/Casualty 1,894 1,845
-Life/Health 758 527
-Banking 448 266
thereof Dresdner Bank* 427 238
-Asset Management 325 297
-Corporate -10 -74
-Consolidation adjustments -127 -67
Income before income taxes & minority interests 3,198 2,992
Income taxes -858 -357
Minority interests in earnings -200 -356
Net income 2,140 2,279
-Property/Casualty 1,380 1,582
-Life/Health 479 328
-Banking 411 162
thereof Dresdner Bank* 395 149
-Asset Management 134 90
-Corporate -8 183
-Consolidation adjustments -256 -66
Earning per share (basic) (Euro) 4.85 5.62
Ratios
-Property/Casualty: Combined ratio 92.9% 91.9%
-Life/Health: Statutory expense ratio 9.6% 9.5%
-Dresdner Bank: Cost-income ratio 72.4% 85.1%
-Asset Management: Cost-income ratio 59.2% 59.1%
[Euro bn] 30.06.2007 31.12.2006
Shareholders´ equity 48.5 50.5
Third-party assets under management 789 764
* Prior year restated: 2006 figures now exclude results from trading
activities in own shares of Allianz SE.
End of message
These assessments are, as always, subject to the disclaimer provided below.
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 statement.
No duty to update
The company assumes no obligation to update any information contained
herein.
DGAP 03.08.2007
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Language: English
Issuer: Allianz SE
Königinstr. 28
80802 München
Deutschland
Phone: +49 (0)89 38 00 - 41 24
Fax: +49 (0)89 38 00 - 38 99
E-mail: investor.relations@allianz.com
Internet: www.allianz.com
ISIN: DE0008404005
WKN: 840400
Indices: DAX-30, EURO STOXX 50
Listed: Amtlicher Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Stuttgart, München, Hamburg;
Terminbörse EUREX; Foreign Exchange(s) London, NYSE, SWX
End of News DGAP News-Service
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