News Regional06 Aug 2019

1H2019 Results:Asia brings about 28% growth for Allianz

Allianz Asia regional CEO Solmaz Altin

In 1H2019, Allianz recorded EUR260m ($292m) in total operating profit for the Asian region (including India), representing a 28% increase despite total revenues being down by 6% to EUR3.2bn. While the life and health (L&H) business's operating profit went up 42% to EUR205m, property and casualty (P&C) operating profit was up by 3% to EUR40m.

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