Allianz SE (ALIZY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Allianz SE (ALIZY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Allianz SE is one of 859 companies in the Finance group. The Finance group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed ...

财务数据和关键指标变化 - 公司实现了创纪录的财务业绩,第二季度营业利润达到79亿欧元,股东净利润达到50亿欧元,同比分别增长5%和8% [17] - 财产险业务实现8%的增长,其中大部分来自定价,而承保量增长1% [18] - 寿险和健康险业务持续强劲增长,实现创纪录的营业利润 [19] - 资产管理业务在不确定的市场环境下仍实现了50亿欧元的净流入,第三方资产管理规模创历史新高 [20] 各条业务线数据和关键指标变化 财产险 - 财产险业务实现10%的总体增长,其中3个百分点来自承保量增长 [25][26] - 财产险综合成本率为93.5%,处于公司93%-94%的目标区间内 [27][28] - 零售业务综合成本率为94.7%,较去年同期改善0.8个百分点 [28] - 商业险业务综合成本率保持在较好水平,尽管受到较高的自然灾害和大损失影响 [29][30] 寿险和健康险 - 新业务价值增长12%,新业务利润率达到5.8%,保持在较高水平 [33][34] - 现金流贡献持续增长,第二季度达到11亿欧元 [35] 资产管理 - 第二季度净流入140亿欧元,第三方资产管理规模创历史新高 [36][37] - 营业利润增长6%,剔除浮动业绩费用后增长10% [37] - 成本收入比有所改善,预计全年将进一步改善 [37][38] 各个市场数据和关键指标变化 - 德国市场财产险综合成本率为99.8%,受到14个百分点的自然灾害影响 [29] - 英国、澳大利亚和拉丁美洲等市场表现出色,综合成本率持续改善 [29] - 意大利、中欧和瑞士等市场财产险业务保持强劲表现 [29][30] - 美国商业险市场出现一些软化迹象,但整体仍保持较好水平 [79][81] 公司战略和发展方向及行业竞争 - 公司继续保持资本回报策略,宣布再次扩大500亿欧元的股票回购计划 [55][60] - 公司正在积极寻求在主要市场的并购机会,以进一步巩固领先地位 [86][87] - 公司正在大力推动数字化转型和提升生产力,以应对行业面临的利润压力 [88][89] - 公司正在加强与第三方资本的合作,以控制资产负债表规模的增长 [107] 管理层对经营环境和未来前景的评论 - 尽管面临通胀、利率上升等挑战,但公司仍保持强劲的业务增长和盈利能力 [17][21] - 公司有信心完成全年业绩目标,并将继续优化资本配置和提升股东回报 [40][55] - 管理层对公司的多元化业务模式表示肯定,认为这是公司抵御风险的重要优势 [7][8] 其他重要信息 - 公司在应对德国南部洪灾时展现了快速反应和出色服务,获得了客户和媒体的高度认可 [10][11][12][13] - 公司正在加大对自然灾害建模、实时风险评估和主动损失预防的投入 [12] - 公司正在与法国政府就新卡里多尼亚骚乱事件的赔付责任进行诉讼 [57][58] 问答环节重要的提问和回答 问题1 **Andrew Sinclair 提问** 询问公司近年来在并购和资本回报方面的具体情况 [42][43] **Claire Lepoutre 回答** 公司过去几年一直保持较高的资本回报水平,每年约有80亿欧元的自由现金流。未来仍将保持灵活的资本部署策略,包括适度的并购以及股票回购等 [44][60][61][62] 问题2 **Will Hardcastle 提问** 询问公司在汽车保险定价和获客方面的策略 [70][71] **Oliver Bäte 回答** 公司在汽车保险定价方面采取了积极的措施,已经领先于竞争对手。未来将继续提升定制化定价能力,并通过提高客户保留率来推动更多的交叉销售机会 [102][103][88][89] 问题3 **Michael Huttner 提问** 询问公司在资产管理业务的成本收入比改善计划 [84][85] **Claire Lepoutre 回答** 公司预计资产管理业务的成本收入比将在今年下半年进一步改善,目标维持在60%-61%的区间 [90][91]

© Allianz 2024 Group financial results 2024 Allianz Investor Relations App Apple App Store Google Play Store Munich August 8, 2024 Content/topics 1 Key developments in 1H 2024 2 Group financial results 2Q 2024 3 Additional information Glossary Disclaimer Note: Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. KEY DEVELOPMENTS IN 1H 2024 3 Summary – fully on track for 2024 outlook | --- | --- | --- | --- | |----- ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Investors looking for stocks in the Insurance - Multi line sector might want to consider either Allianz SE (ALIZY) or Zurich Insurance Group Ltd. (ZURVY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and e ...

According to a recent Bloomberg article, annuity sales in the U.S. could hit $700 billion over the next two years. In 2023, they hit a record of $385 billion, 23% higher than in 2022. That’s excellent news for annuity stocks. Bloomberg reported comments from Torsten Slok, chief economist at Apollo Global Management: “Key drivers for credit demand at the moment are retail and pensions seeking higher all-in yields, and annuity sales driven by more baby boomers retiring and by a higher level of interest rates ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Zacks has developed the inn ...