The goal of the Allianz Group is to achieve sustainable growth of its competitive strength and value. Our performance in 2006 is a testament to our continued progress towards that goal.
1
Protecting and strengthening our capital base Shareholders’ equity € 50.5 bn
2
Significant increase of our operating profit Operating profit € 10.4 bn Combined ratio in Property-Casualty insurance 92.9% Operating profit in Life/Health insurance € 2.6 bn Cost-income ratio in Banking 79.5% Operating profit in Asset Management € 1.3 bn
3
Leaner portfolio and reduction of complexity Merger of RAS with and into Allianz AG Conversion of Allianz AG into Allianz SE Comprehensive reorganization programs
+One
Sustainable improvement of our competitive position and our company value Sustainability Programs for our insurance operations Customer Focus Initiative New operating model