Diekmann, whose modern agreement as CEO ends in 2014, might
also stay within the function for 2 extra years, supervisor Magazin said on
Feb. 19.
Allianz’s belongings and casualty coverage unit became the
best department to make a profit in the fourth sector. running income rose 26
percentage to €1.53 billion [$2.088 billion]. The unit’s spending on claims and
other charges as a percent of premiums, referred to as the blended ratio,
advanced to ninety two.2 percentage from ninety five.three percent a yr in
advance. A ratio under 100 percentage manner an insurer is creating a make the
most of underwriting.
take advantage of life and medical insurance dropped 14
percentage to €416 million [$568 million]. A unit Allianz phrases “corporate
and other” saw earnings slide 35 percentage to €261 million [$356 million].
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