Allianz Posts Record Results

The course of success continues: Allianz's operating profit is as high as ever in the first quarter of this year. This is mainly due to life and health insurance. Looking at its annual target, the Dax Group is optimistic.

European stock markets are showing stabilizing trends today (15/5/25), remaining close to recent historical highs. Investors are evaluating the quarterly corporate performance of giants such as Deutsche Telekom, Siemens and Allianz. Allianz, the German giant, announced an increase in its profits for the first quarter, due to higher revenues from the insurance sector and new inflows into asset management. The Group's operating profits increased b…

Despite high damage caused by natural disasters in the first quarter, Allianz Finance Director Claire-Marie Coste-Lepoutre expects the insurer to achieve its planned annual targets. Operating profit rose by 6.3 percent to EUR 4.2 billion – the new quarterly record means that Munich has achieved just over a quarter of the EUR 16 billion target for 2025. Allianz's contribution remains in the plan first appeared on insurance industry today.

MLP is satisfied with the development of the first three months of the year. "We have taken a considerable step for the full year," said CFO Reinhard Loose in presenting the quarterly results to journalists. The company recorded sales of EUR 301 million, 6 percent more than in the previous year's quarter. EBIT, the pre-tax result, has also increased by EUR 800,000 to EUR 37,8 million. The number of intermediaries has slightly increased to EUR 2,…

The German insurer Allianz has obtained a net profit attributed to 2,423 million euros in the first quarter, a figure lower by 2.1% than that reached by the company in the same period of the previous year.

Allianz is one of the crisis winners in the long economic downturn. Even natural disasters have not yet affected the record results of the Munich Group.