German financial multinational Allianz has reported an operating profit of EUR13.1bn for the first nine months of 2025, according to the Reinsurance News website.
It clarifies that this is the highest 9M result on record and equivalent to 82% of the average of the full-year forecast.
The firm’s total business grew by 8.51% to EUR141.2bn in 9M 2025, with all segments contributing to growth, while net core shareholder return increased by 10.5% to EUR8.4bn.
In the third quarter of 2025 alone, Allianz’s operating profit grew by 12.6% to EUR4, 4bn, driven in particular by strong results in property and casualty insurance,while net core shareholder return increased by 12.7% to EUR2, 9bn.
Operating profit in property and casualty insurance for the period rose to EUR6.9bn from EUR6bn in 9M 2024, while the combined ratio improved to 91.6%, driven by better loss and expense ratios.
Operating profit in life/health insurance reached EUR4, 2bn (+3.8%), while operating income in the asset management segment rose to EUR6, 2bn.
“Allianz once again delivered record results, which was made possible by exceptional levels of trust in our brand, customer loyalty and employee motivation,” commented Allianz SE CEO Oliver Bate.
Allianz SE is a German financial multinational corporation founded in 1890 and headquartered in Munich. Its core business is insurance.