Allianz(ALIZY)

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Should Value Investors Buy Allianz (ALIZY) Stock?
ZACKS· 2024-07-12 14:46
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. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in ...
Allianz(ALIZY) - 2024 Q1 - Earnings Call Transcript
2024-05-15 22:18
Allianz SE (OTCPK:ALIZF) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Andrew Ritchie - Head of IR Claire-Marie Coste-Lepoutre - CFO Conference Call Participants Andrew Sinclair - Bank of America Peter Eliot - Kepler Cheuvreux Will Hardcastle - UBS Michael Huttner - Berenberg Will Hawkins - KBW James Shuck - Citi Vinit Malhotra - Mediobanca Andrew Crean - Autonomous Iain Pearce - BNP Exane Andrew Ritchie Ladies and gentlemen, welcome to the Allianz Conference Call on the Alli ...
ALIZY vs. ZURVY: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-05-01 16:41
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 es ...
Annuity Awakening: 3 Stocks to Ride the $700 Billion Wave
InvestorPlace· 2024-02-22 18:14
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 g ...
Are Investors Undervaluing Allianz (ALIZY) Right Now?
Zacks Investment Research· 2024-02-20 15:46
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 key ...
Is Allianz (ALIZY) Stock Undervalued Right Now?
Zacks Investment Research· 2024-01-09 23:04
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 innov ...
Allianz(ALIZY) - 2023 Q3 - Earnings Call Transcript
2023-11-10 19:37
Allianz SE (OTCPK:ALIZF) Q3 2023 Earnings Conference Call November 10, 2023 8:30 AM ET Company Participants Oliver Schmidt - Head of Investor Relations Giulio Terzariol - Chief Financial Officer Claire-Marie Coste-Lepoutre - CFO elect Conference Call Participants Andrew Ritchie - Autonomous Research Peter Eliot - Kepler Cheuvreux Andrew Sinclair - Bank of America William Hawkins - KBW Ashik Musaddi - Morgan Stanley Vinit Malhotra - Mediobanca Iain Pearce - Exane BNP Paribas Michael Huttner - Berenberg Olive ...
Allianz(ALIZY) - 2023 Q3 - Earnings Call Presentation
2023-11-10 13:52
© Allianz 2023 Group financial results 2023 Allianz Investor Relations App Apple App Store Google Play Store Munich November 10, 2023 Content/topics Allianz (1) Group financial results 3Q 2023 Glossary Disclaimer Note: The financial results are based on the new IFRS 9 (Financial Instruments) and IFRS 17 (Insurance Contracts) accounting standards, which have been adopted as of 1 January 2023. Comparative periods have been adjusted to reflect the application of these new accounting standards. GROUP FINANCIAL ...
Allianz(ALIZY) - 2023 Q2 - Earnings Call Transcript
2023-08-10 16:39
Allianz SE (OTCPK:ALIZF) Q2 2023 Earnings Conference Call August 10, 2023 8:30 AM ET Company Participants Oliver Schmidt - Head of Investor Relations Giulio Terzariol - Chief Financial Officer Conference Call Participants Andrew Sinclair - Bank of America Peter Eliot - Kepler Cheuvreux Andrew Ritchie - Autonomous Research Michael Huttner - Berenberg Vinit Malhotra - Mediobanca William Hawkins - KBW Thomas Fossard - HSBC Ashik Musaddi - Morgan Stanley Oliver Schmidt Good afternoon, everybody, and welcome to ...
Allianz(ALIZY) - 2023 Q1 - Earnings Call Transcript
2023-05-12 22:06
Financial Data and Key Metrics Changes - The operating profit for 2022 was EUR13.8 billion under the new IFRS 9/17 accounting standards, compared to EUR14.2 billion under the old method, indicating a slight decrease [4] - Net income was over EUR300 million lower under the new basis compared to the old basis, reflecting lower operating profit and increased volatility in capital markets [6] - Core net income, adjusted for fair value swings, was approximately EUR7 billion, which the company will use to monitor performance moving forward [7][8] Business Line Data and Key Metrics Changes - In the Property-Casualty (P&C) business, operating profit increased by EUR600 million, primarily due to the net effect of discounting and unwinding in a higher interest rate environment [9][10] - The Life/Health segment saw a substantial decrease in operating profit, attributed to technical effects and accounting mismatches due to the new IFRS standards [12][14] - The Asset Management segment reported subdued revenue, but operational KPIs showed improvement, with positive flows at AGI and PIMCO in Q1 [21] Market Data and Key Metrics Changes - The solvency ratio improved to 206%, indicating strong capital levels and liquidity [23] - The combined ratio for the P&C business improved to 91.9%, which is better than the outlook for 2023 [27] - The Life business production dropped by 12%, but when adjusted for discounting effects, the decline was only 6% [33] Company Strategy and Development Direction - The company continues to focus on capital deployment through buybacks and investments in future growth, maintaining a balanced approach between returning capital and investing in business capabilities [23][59] - The company is adapting its hedging strategies to align with the new accounting standards while ensuring economic stability [61][62] - There is a strong emphasis on maintaining high-quality performance across all business segments, with a focus on managing inflation challenges effectively [25][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong underlying performance of the business, expecting to maintain momentum into the second quarter and beyond [48] - The company anticipates achieving its outlook for 2023, with a positive outlook for both the P&C and Life segments despite some challenges in the Asset Management area [20][22] - Management highlighted the importance of maintaining a robust capital position while continuing to invest in innovation and operational excellence [24][36] Other Important Information - The company announced a buyback of EUR1.5 billion, reflecting confidence in its capital levels and liquidity situation [23][48] - The new business margin in the Life segment is increasing, indicating a healthy level of new business despite production declines [34] Q&A Session Summary Question: On the P&C business, how can comfort be provided regarding prudence in reserves? - Management suggested reviewing historical performance and consistency in results to gauge prudence in reserves [50][52] Question: Why was EUR1.5 billion chosen for the buyback, and what are future plans? - Management indicated that the buyback aligns with their strategy of balancing capital deployment and investment in future growth, without committing to specific future buyback amounts [51][59] Question: Can more details be provided on the hedging changes in the Life segment? - Management clarified that hedging strategies were adjusted to align with the new accounting standards, which may introduce some volatility but are designed to maintain economic stability [61][62] Question: What is the outlook for Life persistency by geography and channel? - Management reported good persistency across major markets, with no significant concerns regarding lapses [75]