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August 04, 2015 6:00 AM ET

Insurance

Company Overview of Allianz Australia Limited

Company Overview

Allianz Australia Limited, through its subsidiaries, provides insurance and risk management products and services in Australia and New Zealand. It offers personal insurance products and services, such as home, motor, car, boat, landlord, travel, and pet insurance, as well as roadside assistance programs; and third party and life insurance solutions, including consumer credit, lifestyle protection, and term life. The company also provides industrial, commercial, and business insurance solutions, such as farms, businesses, transport, and trades and services; corporate insurance products and services, including marine, construction, liability, professional indemnity, property, transport, and ma...

2 Market Street

Sydney, NSW 2000

Australia

Founded in 1914

Phone:

61 2 8988 9581

Key Executives for Allianz Australia Limited

Chief Executive Officer, Managing Director and Director
Chief Financial Officer
Chief Operating Officer
Chief Executive Officer New Zealand
Chief General Manager of Broker & Agency
Compensation as of Fiscal Year 2015.

Allianz Australia Limited Key Developments

Allianz Australia Limited Reports Earnings Results for the Third Quarter and Nine Months of 2014; Confirms Earnings Outlook for 2014

Allianz Australia Limited reported earnings results for the third quarter and nine months of 2014. For the quarter, total quarterly revenues increased 14.5% to EUR 28.78 billion against EUR 25.14 billion a year ago. Operating profit stood at EUR 2.65 billion against EUR 2.52 billion a year ago, up 5.2%. Net income attributable to shareholders increased 11.2% to EUR 1.61 billion against EUR 1.45 billion a year ago. For the nine months, total revenues rose 9.8% to EUR 92.20 billion against EUR 83.97 billion a year ago. Operating profit was up 6.0% to EUR 8.14 billion against EUR 7.68 billion a year ago. Net income attributable to shareholders increased 5.5% to EUR 5.00 billion against EUR 4.74 billion a year ago. For 2014, the company confirm outlook that the upper end of the operating profit target range at EUR 10.5 billion is in reach.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 24, 2014
Territory Insurance Office
 

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