Allianz(US:ALIZY)2023-05-12 22:06FY 2022 Group Financial Results (IFRS 9/17 vs IFRS 4) - Total business volume reached EUR 153.3 billion under IFRS 9/17, comparable to EUR 152.7 billion under IFRS 4 [3] - Operating profit was EUR 13.814 billion under IFRS 9/17, compared to EUR 14.164 billion under IFRS 4 [3] - Shareholders' core net income was EUR 6.738 billion under IFRS 9/17, versus EUR 6.984 billion under IFRS 4 [4] - The combined ratio in the P/C segment was 93.3% under IFRS 9/17, a decrease from 94.2% under IFRS 4 [5] - New business margin in L/H segment was 5.9% under IFRS 9/17 [6] - The Group's IFRS 9/17 leverage stood at 24% [34] 1Q 2023 Group Financial Results - Total business volume was EUR 46.0 billion, with a +3.5% internal growth [37] - Operating profit reached EUR 3.731 billion, a +24.2% increase [37] - Shareholders' core net income was EUR 2.173 billion [38] - The combined ratio improved to 91.9%, a -1.9%-p change [39] - Third party net flows in Asset Management were EUR 14.2 billion [111]