It started innocently enough. Just another Tuesday, just another PDF to open.
A document I created myself.
But Adobe Acrobat had other plans.
Ransom ware disguised as...
There are corporate spinners, there are Olympic-level weasellers, and then… there’s Allianz Insurance Group — a company so deft at transforming disasters into dividends, they could probably monetise your house burning down and call it a "customer experience pivot."
Let’s start with the basics: in the last five years, QBE has gone from barely paying dividends to flinging shareholder payouts around like a pre-election budget.
Profits have soared, while your premium has quietly crept up so high it’s basically a financial landslide.
Let’s review the so-called Executive Summary, which we’ve annotated for those of us who don’t get quarterly bonuses for creative accounting.
📊 Allianz 2020–2024 “Don’t-Worry-You’ll-Pay-For-It” Financials
Year
Profit After Tax (US$ billion)
Return to Shareholders (dividends + buybacks)
2024
1.779
A$0.87/share — fat 50% payout. Pop...
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