Allianz profit plummets 53% in H1 on investment funds fallout & volatility

05-08-2022

Allianz profit plummets 53% in H1 on investment funds fallout & volatility

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Germany-based global re/insurer Allianz Group’s profits plummeted almost 53% in the first half of 2022, primarily due to the provision booked in relation to the Allianz GI US Structured Alpha proceedings, but also dampened by heightened market volatility and inflation.


Allianz, First half 2022, Second quarter, Results, Profits, Structured Alpha, Oliver Bäte, Europe, Global

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