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

Allianz SE | Munich | Nov 13, 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.

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. Most likely, barring unforeseen significant natural catastrophes or capital market events the 2025 operating profit will be in the range between 17 and 17.5 billion euros.

Explanations of the alternative financial ratios used (Alternative Performance Measures (APM)) can be found on the website of Allianz SE (available at: 2q-2025-en-alternative-performance-measures-allianz.pdf).

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About Allianz

Last updated: September 23, 2026

The Allianz Group is one of the world’s leading insurers and asset managers, active in almost 70 countries and serving around 97 million private and corporate customers*. Our customers benefit from a broad range of personal and corporate insurance services, including property, life and health insurance, as well as assistance services, credit and global business insurance. Recognized for the seventh consecutive year as the number one global insurance brand in Interbrand’s Best Global Brands 2025 ranking, Allianz’s success is built on technology-enabled customer centricity – providing peace of mind, protection, and prevention for our customers and strengthening the resilience of individuals, communities, and societies. We are one of the world’s largest investors, managing around 791 billion euros** on behalf of our insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 2.2 trillion euros** of third-party assets. Thanks to our systematic integration of environmental and social criteria in our business processes and investment decisions, Allianz received an MSCI ESG Rating of AAA (as of March 2026). In 2025, our 156,000 dedicated employees achieved a total business volume of 186.9 billion euros and an operating profit of 17.4 billion euros for our shareholders.

* As of December 31, 2025. Customer count reflects Allianz customers in consolidated entities that are part of the customer reporting scope only.

** As of June 30, 2026.