Allianz SE · XETR:ALV
Allianz — H1 2013 Earnings Presentation
9 slides from Allianz's earnings presentation, Aug 2, 2013
Slide 1: Allianz Group: First Half of 2013 Development
Allianz Group: First Half of 2013 Development Michael Diekmann, CEO Journalist telephone conference August 2, 2013
Slide 2: Agenda
Agenda 1 Highlights in the first half of 2013 2 Latest developments 3 Outlook © Allianz SE 2013 2
Slide 3: Highlights in the first half of 2013: Allianz on track
Telephone conference on developments in first half year Highlights in the first half of 2013: Allianz on track 20121 2013 20121 2013 6M 6M 6M 6M +11.9% +6.5% Property/Casualty Total 55.2 58.8 2,233 2,498 Operating profit revenues (EUR mn) (EUR bn) Life/Health -7.2% Operating profit 1,643 1,524 +12.7
Slide 4: Milestones in the first half of 2013
Telephone conference on developments in first half year Milestones in the first half of 2013 Selected examples Allianz subsidiaries in Southern Europe well positioned Operational improvements Allianz Deutschland on track in core markets Fireman’s Fund with improved half-year results Latin Am
Slide 5: New combination of security and return for changed environment
Telephone conference on developments in first half year New combination of security and return for changed environment Challenges for traditional Allianz’s answer: pension insurance New provision concept “Perspektive” Persistent low interest rate environment Allianz guarantees capital retention
Slide 6: Examples of innovative products
Telephone conference on developments in first half year Examples of innovative products “Progetto Reddito” Satellite-supported crop insurance Unit-linked life product Pilot 2014 On the Italian market since start of 2013 Use in developing countries also possible Revenues to date over EUR 70
Slide 7: Major current industry issues
Telephone conference on developments in first half year Major current industry issues Requirements: 1 Regulation Solvency II: Smoothing artificial volatility for existing business Harmonized capital requirements in Europe Sovereign debt crisis Continuation of structural and fiscal reforms 2 in
Slide 8: Status and outlook 2013
Telephone conference on developments in first half year Status and outlook 2013 (Operating profit1 in EUR bn) 2.7 – 3.1 9.2 +0.5 -0.6 -1.1 to -1.3 Forecast range for 2.5 – 3.1 1.7 -0.5 Group results reflects diversification Legal disclaimer: 4.3 – 5.1 1.5 Effects of natural catastrophes and deve
Slide 9: Disclaimer
Disclaimer These assessments are, as always, subject to the disclaimer provided below. Forward-looking statements The statements contained herein may include prospects, statements of extent of credit defaults, (vii) interest rate levels, (viii) currency exchange future expectations and other forward