Report
Benoit Valleaux

Allianz : De tendances sous-jacentes solides attendues au T4

>Une quasi-stabilité du RO attendue au T4 malgré la COVID - Allianz publiera le 19 février prochain avant Bourse son RN du T4 2020. Nous prévoyons un RO de 2 735 M€ au T4 2020 très proche de son niveau de 2019 (-0.6%), qui avait été marqué par des renforcements de provisions chez AGCS, et en ligne avec le consensus (2 738 M€). Nous prévoyons un RO de 1 194 M€ en assurance dommages (+38.7%), légèrement supérieur au consensus, avec un ratio combiné prévu à 95.5% (consen...
Underlying
Allianz SE

Allianz is engaged in the provision of a range of insurance and asset management products and services. Co. has three business segments: Property-Casualty, which provides insurance products to both private and corporate customers, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit and travel insurance; Life/Health, which provides life and health insurance products including annuities, endowment and term insurance, unit-linked and investment-oriented products and private health and supplemental health and long-term care insurance; and Asset Management, which provides institutional and retail asset management products and services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

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