Report
Benoit Valleaux

Allianz : RO 2022 attendu dans la moitié haute de la fourchette cible du groupe

>RO attendu à 3.5 Md€ au T4 2022 - Allianz publiera son RN du T4 2022 le 17 février prochain. Nous prévoyons une quasi-stabilité du RO à 3 504 M€ au T4 2022 (-0.1% vs T4 2021), marginalement inférieur au consensus (3 524 M€). En assurance dommages, nous tablons sur un RO de 1 637 M€ (+5.5% vs T4 2021), avec un ratio combiné attendu à 94.0%, en très légère dégradation vs T4 2021 (+0.5 point) et stable vs T3 2022, comprenant un coût des catastrophes naturelles en ligne ...
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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