Allianz Financial Performance from Time to TimeAllianz Financial Performance from Time to Time

Allianz Financial Performance from Time to Time- Allianz still become one of the largest insurance companies in the world. Basically, in this article, the discussion mainly focused on the Allianz group because all of the data showed Allianz group’s performances and conditions.

Allianz Financial Performance from Time to Time- Allianz performance

Allianz basically one of the largest insurances companies. Historically, this company was founded on 1890 by Carl von Thieme and Wilhelm von Finck. Along with business development from time to time, Allianz has employed 159,000 of people worldwide. Based on its service, Allianz Group still serves 122 million customers in more than 70 countries. On the insurance market share, Allianz is the leader in the German market and this company has a strong international presence with diversified products. Based on its business, Allianz provide wide range of products, services, and solutions including Property & Casualty Insurance, Health & Life Insurance, Asset Management, Business Insurance, Trade credit insurance and surety bonds.

The business performance of conditions can be tracked down from the Balance sheet and Income statement of Allianz. All of the data came from Annual Report in 2009 to 2022.  The balance sheet showed the financial condition of the companies, meanwhile the income statement can describe the business performance of the company.  

The Assets, Liabilities and Equities of Allianz Group

YearsTotal AssetsTotal LiabilitiesTotal Equities
Billion EuroBillion EuroBillion Euro
20221,02196655
20211,1391,05584
20201,06097585
20191,01193873
201889783364
201790183269
201683881325
201584878266
201480574263
201371165853
201269463856
201164159447
201062457450
200958354142
Source : Allianz Group Annual Report, 2009-2022

The progress of the Allianz’s business makes can be tracked down by the financial conditions and performances.  According to Allianz group’s balance sheets from 2009 to 2022, the assets and equties shown remarkable conditions with positive growth from 2009 to 2022.  At the year of 2009, the assets of Allianz reached 583 billion Euro, liabilities around 541 billion Euro, and equities was about 42 billion Euro. After 15 years, exactly in the year of 2022, the assets of Allianz reached 1,021 billion Euro, Liabilities is about 966 billion Euro, and equities reached 55 billion Euro.

The Revenue and Net Income of Allianz Group

YearsGross Premium WrittenTotal RevenueNet Income
Billion EuroBillion EuroBillion Euro
202294.1122.77.1
202186122.27.1
202082.91197.1
201982.91168.3
2018771077.7
2017771097.2
201676.3110.57.2
201576.7100.86.9
201473.81036.6
2013721016.3
201272101.75.4
201169.296.42.8
201068.596.15.2
200965904.2
Source : Allianz Group Annual Report, 2009-2022

Based on the business performance, the Allianz group shown good conditions from 2009 to 2022. Based on the gross premium written, Allianz has good progress in this indicator. The gross premium written has increased from 65 billion Euro in 2009 and it has grown into 94 billion Euro. Furthermore, the revenue also in good progress with positive trends which has grown from 90 billion Euro in 2009 into 122 billion Euro in 2022. In the Last 15 years, from 2009 to 2022, Allianz group consistently generated the net income / profit. The net income / profit of Allianz has grown from 4.2 billion Euro in 2009 to 7.1 billion Euro in 2022.

Allianz Financial Performance from Time to Time- The revenue and Operating Profit of Allianz Based on Business segments and Regions

When analyzing of the Allianz’s revenue in 2022, the revenue came from Life/ health insurance that contribute 49% of total revenue, followed by property and casualty contributes 46%, and asset management contributes 5%.  in another indicator, the revenue of Allianz came from several regions/ country. Western and contributes 27 % to Allianz revenue, followed by Germany with contributes 25%, and United States of America with contribution of revenue around 13 %.

Bibliography of Allianz Financial Performance from Time to Time

Allianz.2023.About Allianz. Accessed via https://www.allianz.com/en/about-us/company/at-a-glance.html on September 15th, 2023.

Allianz.2023.Annual Report. Accessed via https://www.allianz.com/en/investor_relations.html on September 15th, 2023.

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