July 25, 2016 5:14 PM ET

Insurance

Company Overview of Allianz Australia Limited

Company Overview

Allianz Australia Limited, through its subsidiaries, provides various insurance and risk management products and services in Australia and New Zealand. The company offers personal insurance products and services, such as car insurance products that include third party property and roadside assistance insurance; home insurance products comprising contents, building, content and building, landlords, and renters insurance; travel insurance products, including basic, comprehensive, multi-trip, domestic, and rental car excess insurance; and life insurance products that include life, critical illness, and permanently unable to work covers, as well as boat, motor, CTP, consumer credit, lifestyle pr...

2 Market Street

Sydney, NSW 2000

Australia

Founded in 2000

Key Executives for Allianz Australia Limited

Chief Executive Officer, Managing Director, Executive Director and Member of Investment Committee
Chief Financial Officer
Chief Operating Officer
Chief Executive Officer of New Zealand
Chief General Manager of Broker & Agency
Compensation as of Fiscal Year 2016.

Allianz Australia Limited Key Developments

Allianz Australia Announces Executive Changes

Allianz Australia announced that Julie Mitchell has been appointed to the position of General Manager Victoria Workers Compensation, effective 15 July 2016. Julie replaces Norm Cockerell who has been in the role for the past five years. Julie most recently held the position of General Manager Government Services at the company. She was responsible for overseeing the Treasury Managed Fund (TMF) business along with the Northern Territory Insurance Office Workers Compensation Government claims team, the Police Hurt on Duty contract and leading Allianz's pilot with Comcare and the Department of Human Services. Julie has a highly developed knowledge of the Australian Workers Compensation environment with more than 20 years experience in the industry.

Allianz Australia Appoints John Myler as Chief General Manager Market Management, Effective 1 February 2016

Allianz announced John Myler has been appointed to the position of Chief General Manager Market Management, effective 1 February 2016. John has nearly 20 years experience in the insurance industry with a strong focus on customer experience, most recently as the Chief Executive Officer of Allianz Global Assistance - Australia (AGA). John also previously held the position of General Manager - Direct at Allianz Australia. John successfully led the transformation of AGA's operations, both growing the business and its profitability.

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.

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