Slide 1: Allianz Group: First Half of 2014 Development
Allianz Group: First Half of 2014 Development Michael Diekmann CEO Allianz SE Journalist Telephone Conference August 8, 2014
Slide 2: Agenda
Agenda 1 Global economic environment 2 Business development of Allianz Group in the first half of 2014 3 Issues specific to Allianz 4 Infrastructure 5 Outlook for 2014 © Allianz SE 2014 2
Slide 3: World economy: Industrial countries getting back into stride
Allianz Group – Telephone conference on developments in first half year World economy: Industrial countries getting back into stride Real GDP growth 2011-2015 (%) Reform and structural Less fiscal drag, adjustments bear fruit, favorable conditions for but long way to restore stronger private demand
Slide 4: Highlights in the first half of 2014
Allianz Group – Telephone conference on developments in first half year Highlights in the first half of 2014 2013 2014 2013 2014 6M 6M 6M 6M +7.8% Property-Casualty +13.5% Total Operating profit revenues 58,824 63,420 (EUR mn) 2,498 2,835 (EUR bn) Life/Health +22.3% Operating profit Operating +6.4%
Slide 5: Milestones in the first half of 2014
Allianz Group – Telephone conference on developments in first half year Milestones in the first half of 2014 Acquisition Strengthening of our property and casualty business in Italy 725 agencies with gross written premiums of up to EUR 1.1bn (2013) Global Line Establishment of “Allianz Worldwide
Slide 6: Decreasing investments in infrastructure while public debt rises
Allianz Group – Telephone conference on developments in first half year Decreasing investments in infrastructure while public debt rises Public investments in infrastructure Public debt of OECD countries (EU-15, % of GDP) (% of GDP) 2.5 120 Forecast 110 2.0 100 1.5 90 1.0 80 0.5 70 0.0 60 © Allianz
Slide 7: Allianz investments in infrastructure
Allianz Group – Telephone conference on developments in first half year Allianz investments in infrastructure Volume Gas distribution network (EUR bn, as of 30.06.2014) Wind energy Solar energy Infrastructure Debt 1.8 (debt) Infrastructure 1.6 (equity) Renewables 1.7 Total 5.1 © Allianz SE 2014 7
Slide 8: Summary
Allianz Group – Telephone conference on developments in first half year Summary Global economy shows signs of cautious recovery Allianz grows in first half both in revenues and profits Allianz well positioned for future challenges Private investors ready to help closing investment gap in inf
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