Allianz Partners confirms full-year numbers
In phrases of revenues for the comprehensive yr, here’s how Allianz Companions fared:
| 
Line of company 
 |

2021 earnings 
 |

Alter from 2020 
 |
| 
Travel insurance coverage 
 |

€1.7 billion 
 |

Up 55.2% 
 |
| 
Support 
 |

€2.2 billion 
 |

Up 6% 
 |
| 
Health 
 |

€1.9 billion 
 |

Up 3.4% 
 |
| 
Mobility 
 |

€313 million 
 |

Up .4% 
 |
| 
Immediate channels 
 |

€187 million 
 |

Up 27% 
 |
| 
Full 
 |

€6.2 billion 
 |

Up 15.6% 
 |
“All of Allianz Partners’ traces of small business done superior in 2021 in contrast to 2020, as the world wide economic system recovered adhering to some of the most serious restrictions of the COVID-19 pandemic,” mentioned Allianz Partners, whose running earnings surged 70% to €256 million.
“The journey segment demonstrated the greatest rebound, primarily owing to the quick recovery of the US travel market place. The guidance line of business enterprise also showed optimistic advancement, generally in the property and roadside help business.”
Geographically, Allianz Associates mentioned all areas enhanced in 2021 with the exception of Asia-Pacific (APAC), the place the pandemic proceeds to influence the small business in particular in China and Australia.
The firm described: “North Americas experienced the major improve, pushed by the travel phase. Western Europe and Latin America, as properly as North Central and Eastern Europe, also experienced important increases in small business volumes.”
With growth throughout Allianz Companions, main govt Sirma Boshnakova (pictured) identified as 2021 “a terrific year” for the business enterprise.
“Amidst the switching headwinds of the pandemic, we pushed ahead on our eyesight of a seamless and borderless world for our shoppers,” she asserted. “We kept a constant target on delivering the very best encounter to our customers with peace of brain just a click on away.
“But in reality, this overall performance is thanks in big aspect to the men and women of Allianz Associates: alongside one another, they’re making these a difference in the field. They are the ones increasing the function of insurance with a one of a kind mix of technology and providers blended with a human touch.”