SUBSCRIBERS

Asia's the silver lining in Allianz's 2017 results

Asia operating profit up 22% on 24% revenue jump, outpacing firm's global performance

Annabeth Leow

Annabeth Leow

Published Wed, Feb 21, 2018 · 09:50 PM

    Singapore

    ALLIANZ on Wednesday announced a solid set of results for its performance in Asia for the year ended Dec 31, 2017.

    Earnings were up in both its life and health, and property and casualty insurance segments. Operating profit jumped 22 per cent to 273 million euros (S$444 million), while revenue rose 24 per cent to six billion euros.

    Copyright SPH Media. All rights reserved.