...March 10, 2023 - Allianz's continued robust operating performance counterbalanced the impact of an asset management fine and business impairments and resulted in full-year 2022 earnings of 6.7 billion. - This, combined with risk mitigation measures that reduced balance-sheet volatility, saw Allianz's end 2022 capital position recover to the '##' confidence level in our risk-based capital model. - We therefore affirmed our '##' ratings on the group's operating holding company, Allianz SE, and its core subsidiaries. - The outlook remains stable because we believe that ongoing capital generation and active exposure management will keep Allianz's capital adequacy above the '##' confidence level in our model in 2023-2024. FRANKFURT (S&P Global Ratings) March 10, 2023--S&P Global Ratings today affirmed its '##' long-term issuer credit rating on global multiline insurer Allianz SE and its core subsidiaries. Our outlooks on the ratings remain stable. The rating affirmation reflects our view that...
