Company

Alliance remains just below Maximalziel

Bilanzvorlage at Europe’s largest insurer: The Alliance has its own ambitious profit target in the past year, not quite reached, however, increases to the dividend.

The operating result rose by 3.2 per cent to 10.7 billion euros, as the group is on Friday in Munich announced. The Alliance had up to 10.8 billion euros targeted, but behind it last a little question mark.

The dividend on the 7,30 of of 6.85 euros per share rise, remains but slightly behind the expectations of many analysts back. For the current year, CEO Oliver would request an operating result of between ten and eleven billion euros in prospect.

Different Development

The different parts of the company developed in the past year varies considerably. In the largest area property and casualty insurance increased operating profit by four percent, although the natural catastrophes caused damage to more expensive came than in the previous year. In the life and health insurance, made profits in its investments, the operating result by 14 percent.

In asset management suffered from the Alliance, however, continues under the outflows of funds from the US Fondstochter Pimco. There were investors over two and a half years, billions will be deducted, particularly after the ouster of the Starmanagers Bill Gross in the year 2014.

Investors and experts disappointed

The experts of the Baader Bank were to look at the Numbers for the fourth quarter: “The results are solid, but you inspire not.” The shares of the Alliance have since the beginning of the year 17 percent of its value lost, the Dax comes in the same period, a decrease of almost twelve percent.

On Friday provided the Numbers of the Alliance for discontent among investors. The shares lost up to four percent and formed so that the tail light in the Dax.

ul/zdh (dpa, rtr)