The insurer’s shares came under pressure after the quarterly figures were announced.
(Photo: dpa)
Munich Allianz exceeded analysts’ expectations in the second quarter. However, high burdens from provisions for failed hedge fund strategies in the USA and write-downs on investments caused net income to shrink considerably. The effects on key figures such as earnings per share or return on equity are also clearly noticeable.
The investors therefore withdrew on Friday: with a minus of two percent, the Allianz share was one of the biggest losers in the Dax.
The following six points are important for Allianz in the second half of the year:
1. Balance sheet figures
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