Allianz reports strong 9M results and increases outlook for full year 2025

For the first nine months of the year, Allianz has achieved an operating profit of 13.1 billion euros (9M24: 11.8 billion euros). Following the strong performance, the Board of Management now expects, for the full year 2025, to achieve an operating profit of at least 17 billion euros, the upper end of the operating profit target range (16 billion euros +/- 1bn) set at the beginning of the year.

Consortium of top-tier insurers and asset managers completes the acquisition of leading European life insurance consolidator Viridium and welcomes new investors

Consortium consisting of Allianz, BlackRock, Generali Financial Holdings , Hannover Re and T&D Holdings, completes the acquisition of Viridium Group from Cinven. The transaction was originally announced on March 19, 2025 • Santander Insurance and PG3, a Swiss-based family office, will replace Hannover Re as member of the consortium by September 30, 2025 • Viridium will continue to operate as an independent, stand-alone platform for the management of closed life insurance portfolios

Jio Financial Services Limited and Allianz to form 50:50 reinsurance joint venture

The reinsurance joint venture (JV) brings together Jio Financial Services Limited’s local market knowledge and reach, with Allianz’s global underwriting and reinsurance skills and experience • By providing reinsurance capability and capacity, the JV seeks to expand access to insurance, supporting the Indian national vision of “Insurance for All by 2047”

Consortium of top-tier insurers and asset managers to acquire leading European life insurance consolidator Viridium

A consortium including Allianz, BlackRock and T&D Holdings will acquire ownership of Viridium Group (Viridium), a leading European life insurance consolidation platform, from Cinven. Generali Financial Holdings and Hannover Re remain investors. The consortium is structured to also enable the addition of other long-term financial investors.

Allianz to Sell Stakes in Indian Insurance Joint Ventures

Today, Allianz SE entered into binding share purchase agreements with Bajaj Finserv Ltd. to sell its 26% stake in its successful non-life and life insurance joint ventures – Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company – to the Bajaj Group for a total consideration of EUR ~2.6bn. Allianz may receive the proceeds in several tranches.

Allianz achieves record operating profit of 16.0 billion euros

Allianz announces strong Q4 and full-year 2024 results, showcasing robust growth, resilience, and a commitment to delivering long-term value.