German insurer Allianz SE increased net profit and revenue in the third quarter of 2025 and improved its full-year forecast.
According to its press release, Allianz’s net profit rose 15 per cent to €2.85bn in July-September, up from €2.47bn in the same period a year earlier.
Analysts’ consensus forecast, prepared by the company itself, called for a net profit of €2.68bn.
Operating profit last quarter rose 12.6% year-on-year to €4.43bn, while quarterly revenue rose 5.2% to €42.8bn.
The division’s property and casualty insurance revenue was up 9.5% to €19.7bn. In life and health insurance, revenue declined 8.1% to €17.9bn.
Revenues in the asset management segment almost increased by 9.1% to €2.1bn. Assets under management for the quarter rose 5% to €1.93 trillion, with net inflows of €51bn.
The insurer’s capital adequacy ratio in accordance with the pan-European Solvency II (“Solvency II”) requirements at the end of September was 209%.
Allianz has improved its forecast for 2025 and now expects operating profit to be in the range of 17-17.5bn euros. The previous forecast was €16bn plus or minus €1bn.
Allianz shares are up 1.2 per cent on Friday. The company’s capitalisation rose 24.4% YTD to 139.7 billion euros. Germany’s DAX stock index added 20 per cent over the period.