This morning, an Ifo-Business Climate Index reached the stock and financial market: insurers in Germany would have a „gloomy mood“. The index dropped in the third quarter by 5.8 points to only 0.8 points. The Allianz, one of the best stocks in value depots for many years, belongs to the industry. I see no problem for you in the message. On the contrary: As long as the mood is gloomy, Warren Buffett still has a nice piece of cake on the table.

Insurance industry: business expectations improve You should not take the index so dramatically on yourself, as such a decline initially suggests. Because: the business expectations for the next six months have „improved again from a high level“ for the industry. The reason is the rising interest rates, which should improve the business with life insurance – for example.

On the other hand, it is not going so well in property and casualty insurance. The index has fallen and is now at a value of -4; 1 points. Presumably you will feel this privately (or professionally): for example, the tariffs for car insurance are increasing. Why? Prices on the car market as a whole, whether for purchase or repair, have risen significantly.

Is this a problem for insurers? In my opinion, not in the medium term. Because the insurers will pass on the rising costs – to all of us. So this is no obstacle for companies like Allianz.

Allianz: It remains positive The prospects for this company remain positive in my opinion. The last quarter is running, but the estimates for the annual result can already be formulated quite well. Sales should be around 150 billion euros. The price-sales ratio is reported at 0.59 and the P/E – based on the expected profits – is around 10.5.

According to analyst estimates, profits are even expected to increase in the coming years, which would in turn reduce the current P/E. The dividend yield is correspondingly attractive because Allianz pursues a reasonable distribution policy based on profits. The dividend yield is expected to be around 5.4% in 2023 and to increase in the coming years.

The share is in a relatively sluggish upward trend. In terms of total returns and dividend yields, the share has reached more than 10% p.a. over the years – I consider this to be unchanged attractive. In my view, the gloomy news of the industry has no great significance for you.

Allianz: High yields – WKN: 840400 – ISIN: DE0008404005 Source: https://fundamental.aktienscreener.com/DE0008404005/EI/allianz-se/data

Today, an Ifo Business Climate Index reached the stock and financial markets: insurers in Germany have a „gloomy mood“. The index dropped in the third quarter by 5.8 points to only 0.8 points. The Allianz, one of the best stocks in value depots for many years, belongs to the industry. I see no problem for you in the message. On the contrary: As long as the mood is gloomy, Warren Buffett still has a nice piece of cake on the table.

Insurance industry: Business expectations improve You should not take the index so dramatically on yourself, as such a decline initially suggests. Because: The business expectations for the next six months have „improved again from a high level“ for the industry. The reason is the rising interest rates, which should improve the business with life insurance – for example.

In property and casualty insurance, however, it is not going so well. The index has fallen and is now at a value of -4;1 points. Presumably you will feel this privately (or professionally): for example, the tariffs for car insurance are increasing. Why? Prices on the car market as a whole, whether for purchase or repair, have risen significantly.

Is this a problem for insurers? In my opinion, not in the medium term. Because the insurers will pass on the rising costs – to all of us. So this is no obstacle for companies like Allianz.

Allianz: It remains positive The prospects for this company remain positive in my opinion. The last quarter is running, but the estimates for the annual result can already be formulated quite well. Sales should be around 150 billion euros. The price-sales ratio is reported at 0.59 and the P/E – based on the expected profits – is around 10.5.

According to analyst estimates, profits are even expected to increase in the coming years, which would in turn reduce the current P/E. The dividend yield is correspondingly attractive because Allianz pursues a reasonable distribution policy based on profits. The dividend yield is expected to be around 5.4% in 2023 and to increase in the coming years.

The share is in a relatively sluggish upward trend. In terms of total returns and dividend yields, the share has reached more than 10% p.a. over the years – I consider this to be unchanged attractive. In my view, the gloomy news of the industry has no great significance for you.

Allianz: High yields – WKN: 840400 – ISIN: DE0008404005 Source: https://fundamental.aktienscreener.com/DE0008404005/EI/allianz-se/data