Last quarter, when natural disasters struck, our teams were there to protect and restore our customers' lives and homes, thus earning trust, rebuilding confidence and securing futures.
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So today, we couldn’t be prouder of our 3Q 2024 financial results:
Total business volume of 42.8 billion euros is up 17.3 percent compared to last year’s quarter, operating profit of 3.9 billion euros is 13.6 percent higher and shareholders’ core net income reached 2.5 billion euros, an increase of 23.0 percent. The entities and the markets I lead also achieved an impressive performance - there too, our teams are resolutely driving customer growth.
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Additionally, our brand is once again the world’s #1 Insurance Brand in Interbrand’s Best Global Brands, becoming part of the Top 30 Global Brands for the first time. Combined with our financial results, this a testimony of our resilience and of our teams’ excellent strategic execution skills.?
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So kudos to our employees around the globe: what a positive difference you make ?? ?? ?? Thanks to your unwavering dedication, I am confident we can continue being optimism builders in a challenged world.
?? We look forward to exchanging with our investors during Capital Markets Day on December 10th on our vision for the next three years and how Allianz Group will support people’s and businesses’ most important concerns and aspirations. #AllianzFinancialResults #Allianz
Today, we announced our 3Q 2024 Financial Results, continuing Allianz’s trajectory of excellent performance and execution.
Total business volume of 42.8 billion euros is up 17.3 percent compared to the prior year’s quarter, operating profit of 3.9 billion euros is 13.6 percent higher, and shareholders’ core net income reached 2.5 billion euros, an increase of 23.0 percent.
Natural disasters have again tested Allianz’s financial and operational resilience, tests which we have successfully passed. “These events profoundly affected many of our customers, but they also presented us with another opportunity to demonstrate our purpose and deliver the security of being insured by Allianz,” says Allianz CEO Oliver B?te.
Following the strong performance in the first nine months of the year, Allianz expects the 2024 operating profit to be in the upper half of the target range of 14.8 billion euros, plus or minus 1 billion euros.
Read our detailed results on Allianz.com. https://lnkd.in/dGsX2But
#AllianzFinancialResults #Allianz
Research Chemist at Huntsman Corporation
2 周Very informative