Allianz SE operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Allianz SE with three other
insurance companies in Europe:
Muenchener Rueckversicherungs Gesellschaft AG in Muenchen
(2018
sales of 56.35 billion Euro [US$62.40 billion]
of which 33%
was Property-Casualty/Reinsurance),
Assicurazioni Generali Spa
of Italy
(73.48 billion Euro [US$81.38 billion]
of which 69%
was Life Insurance), and
Axa SA
which is
based in France
(107.68 billion Euro [US$119.24 billion]
of which 34%
was Operating Segments Europe).
Sales Analysis.
Allianz SE reported sales of 105.38 billion Euro (US$116.70 billion)
for the
year ending
December of 2018.
This
represents
a
decrease of 5.8%
versus 2017, when the company's sales were 111.84 billion Euro.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Allianz SE had sales
of 101.53 billion Euro.
Contributing to the drop in overall sales was the 51.1% decline
in Corporate, from 562.00 million Euro to 275.00 million Euro.
.
However, these declines were partially offset by the increase in sales of
Life/health (up 4.7% to 70.45 billion Euro)
and
Property/casualty (up 2.6% to 53.64 billion Euro)
and
Asset Management (up 5.1% to 6.73 billion Euro)
.