Allianz SE ALV.DE

IR documents · Reporting currency EUR · Quarterly reporting · Figures as of 2026-Q2 · updated 2026-09-25 · ISIN DE0008404005

Quarterly and annual results for Allianz stock (ALV.DE) since 2023: revenue, earnings, balance sheet, cash flow and management guidance from IR documents, every figure with its source. As of 08/2026, quarterly reporting. Latest reported (Q2 2026): Schaden-Kosten-Quote, Neugeschäftsmarge, Für Dritte verwaltetes Vermögen. Latest reading: Margin expanding, Acquisition, Operating income turned positive.

Margin expanding strategy: Acquisition Operating income turned positive ◦

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Business Model#

What the company does and how it earns its money; written AI-editorially, exclusively from the company's original reports, without any assessment of our own.

Allianz SE is one of the world's largest financial services groups, operating through three core segments: Property-Casualty insurance, Life/Health insurance, and Asset Management. Insurance premiums and policy fees constitute the primary recurring revenue streams in the insurance segments, with underwriting profitability measured through the combined ratio in Property-Casualty and new business margin metrics in Life/Health. The Asset Management segment, principally PIMCO and Allianz Global Investors, earns management and performance fees on assets managed for third parties globally. The Group also generates income from proprietary investment portfolios, strategic equity holdings, and distributions from minority interests in financial services entities such as Viridium and Sconset Re.

Current Status#

Summary of the most recent reporting period: core figures, drivers and management statements; written editorially from the current original report, every figure backed by a source number.

Allianz SE reported total business volume of 45.6 billion euros in 2026-Q2, with internal growth of 5.7% ³⁶. The Group's operating result reached a new record of 4.9 billion euros in the quarter, with growth of 10.6% ³⁶. Net income was 2,940 million euros, with diluted earnings per share of 6.66 euros ³¹. The Solvency II capitalisation ratio rose by 7 percentage points to 225% at 30 June 2026 ³⁶.

Management commentary on the 2026-Q2 results (IR-Quarter, 2026-08-07):

„In the first half of the year, we delivered an excellent result and continued our strong performance in the second quarter. The operating results of all business segments are above the midpoints of their respective full-year targets. This demonstrates the successful execution of our strategic priorities, and we are on track to achieve our 2026 objectives. At the halfway point of our strategy cycle, the results confirm that we are on course to meet our ambitious Capital Markets Day targets. Looking ahead, we continue to focus on intelligent growth, higher productivity, and even greater resilience. In this way, we create sustainable value for our customers and shareholders.“ – Claire-Marie Coste-Lepoutre, Finanzvorständin der Allianz SE ³⁶ (translation – original on hover)

„Allianz once again delivered strong results in the second quarter and first half of 2026. This underscores the success of our customer-oriented strategy. Our outstanding performance gives us both the opportunity and the responsibility to make first-class advisory services, protection, and retirement solutions accessible to even more customers worldwide. The cost of insurance coverage is rising faster than disposable income. We are rising to this challenge. We are investing in artificial intelligence, risk prevention, and smarter solutions. In doing so, we aim to enable more people to protect what matters to them - at a price they can afford. This is how the trust that defines Allianz is built - and what drives our growth.“ – Oliver Bäte, Vorstandsvorsitzender der Allianz SE ³⁶ (translation – original on hover)

Net profit · 2026-Q22,940€m+3.5 % vs. 2025-Q2

EPS · 2026-Q26.66€−9.9 % vs. 2025-Q2

Guidance

For FY2026, the company guides Operatives Ergebnis to 17,4 Milliarden Euro, plus oder minus 1 Milliarde Euro (confirmed); Operating profit to 17.4 bn (confirmed); Combined ratio to 92 % to 93 % (confirmed). ³⁶.

Profitability

The Property-Casualty segment posted a combined ratio of 91.9% in 2026-Q2, tracking better than the full-year guidance range of 92-93% ³⁶. The Life/Health segment reported a new business margin of 5.6% in the quarter ³⁶. Asset Management delivered an operating result of 933 million euros in 2026-Q2, reflecting growth of 19.8% ³⁶.

Leverage

Cash stood at 27,319 million euros at 30 June 2026 ³¹, below the 29,854 million euros held at year-end 2025 ³¹. The available 2026-Q2 disclosures do not separately report a net debt figure or net-debt-to-EBITDA ratio for the Group. For insurance-based financial groups, the primary statutory capital measure is the regulatory Solvency II ratio rather than a traditional debt leverage multiple.

Recurring

Property-Casualty insurance, Allianz's largest business segment, posted internal premium growth of 4.7% in 2026-Q2 ³⁶, reflecting the renewal-based character of its policy portfolio. Third-party assets under management in the Asset Management segment reached 2.161 trillion euros at 30 June 2026 ³⁶, providing the base for recurring management fee income. Insurance premiums and asset management fees together constitute the principal recurring revenue streams of the Group.

Management view

The Group's ongoing share buyback programme of up to 2.5 billion euros had returned 1.4 billion euros to shareholders by the end of H1 2026 ³⁶. Asset Management recorded net inflows of 84 billion euros in H1 2026 ³⁶. The annualised adjusted return on equity reached 20.7% in H1 2026, reflecting capital efficiency achieved through the period ³⁶.

Change

Net income in 2026-Q2 was lower than the 3,690 million euros recorded in 2026-Q1 ³¹. Diluted earnings per share in the quarter likewise came in below the 9.96 euros reported for the prior quarter ³¹.

Risks (current)

Allianz is party to legal, regulatory, and arbitration proceedings across Germany and other jurisdictions that may result in material adverse financial effects ³¹, and faces climate-related litigation risk connected to historical emissions in the insured portfolio ⁴⁸. The Group's concentration in strategic equity holdings and alternative investments reduces diversification benefits in stressed market scenarios ⁴⁹; Allianz SE also bears joint liability for a portion of German subsidiaries' pension provisions, with a reported deficit of 53 million euros in the APV old tariff ²⁹. Insurance-specific risk factors include adverse movements in mortality and morbidity rates, increases in borrower default rates, and potential changes to regulatory or tax legislation ³⁶.

New this reporting period

Allianz divested stakes in its Indian joint ventures during the period covered by the 2026-Q2 report ³⁶. The Group also completed the sale of its interest in UniCredit Allianz Vita as part of portfolio management activity ³⁶. Dividend distributions were received from the Group's participations in Viridium and Sconset Re during the period ³⁶.

Price & Chart#

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Share-Price Drivers#

Factors the company itself names as material for its business development (IR-based); reproduced neutrally, no price forecast and no assessment of our own.

Property-Casualty insurance operations as the largest revenue and earnings contributor
Property-Casualty Insurance Operations produced the largest segment revenue in the first half of 2026 and grew year on year, carrying group net income ³¹

Property-Casualty insurance operations
H1 2026 Property-Casualty operations revenue grew 5.6% year on year with an operating margin of 9.8% ³¹

Life/Health insurance operations
H1 2026 Life/Health operations revenue was broadly stable, up 1.6% year on year ³¹, while German Life/Health premiums were lower ³⁶

Asset Management expansion through acquisitions
planned acquisitions of HSBC Life Singapore and UOB Asset Management (UOBAM) are set to add to the Asset Management franchise ³¹

Capital returns via share buy-backs
a new share buy-back program of up to EUR 2.5 billion ²⁹ alongside an ongoing buy-back program ³¹

Group net income
second-quarter net income of 2,940 with diluted EPS of 6.66 came in higher than the prior-year quarter ³¹

Sector trend: Across the insurance operations, Property-Casualty revenue is rising with an operating margin near 9.8%, while Life/Health revenue is broadly stable and German Life/Health premiums are lower; Asset Management is being expanded through acquisitions ³¹ ³⁶.

Event Timeline#

This timeline collects the material events from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements. Events are grouped by quarter (most recent first); the grey tag before each event names the event type, the date is the publication date of the source. Management quotes open the quarter block as direct quotes. Per quarter we show the three most defining events; more can be expanded per quarter, older years are collapsed. Every event carries its source as a superscript, clickable number.

Overview: one dot per event · click jumps to the period

2026 · 6 events

2026-Q2 · Apr – Jun 2026

Operating income turned positive ◦ 2026-08-07
Q2 2026 operating profit rose 10.6% to record €4,874 mn; H1 2026 operating profit up 8.6% to €9,390 mn ³⁶

Margin expanding 2026-08-07
Property-Casualty combined ratio of 91.9% in Q2 2026 and 91.4% for H1 2026, both below full-year guidance of 92-93% ³⁶

Acquisition 2026-08-05
Agreement announced to acquire HSBC Life Singapore for €2.0 bn combined consideration with 15-year exclusive distribution partnership ³¹

2026-Q1 · Jan – Mar 2026

„Allianz's results in the first quarter reflect the quality of our diversified portfolio and the consistent execution of our strategic priorities. We built on the momentum of an excellent 2025 and achieved profitable growth as well as a record operating result of 4.5 billion euros. These results demonstrate our ability to create sustainable value for our customers and shareholders even in a challenging business environment. We remain fully focused on delivering our targets and confidently reaffirm our full-year outlook.“ – Claire-Marie Coste-Lepoutre, Finanzvorständin der Allianz SE ³⁴ (translation – original on hover)

Divestiture 2026-08-05
Completed sale of 26% stake in Bajaj joint ventures BAGIC and BALIC to Bajaj Promotor Group for approximately €2.3 bn; non-operating pre-tax gain of €1.3 bn recognized in Q1 2026 ³¹

Operating income turned positive ◦ 2026-05-13
Q1 2026 operating profit rose 6.6% to record €4,517 mn, with Property-Casualty reaching an operating record of €2.4 bn ³⁴

Margin expanding 2026-05-13
Property-Casualty combined ratio improved to 91.0% in Q1 2026 ³⁴

2025 · 12 events

2025-Q4 · Oct – Dec 2025

„For 2026, we are targeting an operating result of 17.4 billion euros, plus or minus 1 billion euros.“ – Claire-Marie Coste-Lepoutre, Finanzvorständin der Allianz SE ²⁷ (translation – original on hover)

Operating income turned positive ◦ 2026-02-26
Record FY 2025 operating profit of EUR 17,374 million, up 8.4% from EUR 16,023 million in 2024, exceeding full-year guidance ²⁶

Margin expanding 2026-02-26
Property-Casualty combined ratio improved to 92.2% in FY 2025 from 93.4% in 2024, driven by lower claims and underwriting measures ²⁷

Guidance initiated 2026-02-26
FY 2026 operating profit guidance initiated at EUR 17.4 billion plus or minus EUR 1.0 billion ²⁷

2025-Q3 · Jul – Sep 2025

„Allianz has once again delivered record results - made possible by the outstanding trust in our brand, the loyalty of our customers, and the dedication of our employees. Alongside intelligent growth and strengthening our resilience, we will continue our consistent focus on productivity in order to deliver even more value for money to our customers. Affordable insurance solutions are essential for broad economic participation. Allianz stands for a future in which more people have access to protection and security through our products and solutions.“ – Oliver Bäte, Vorstandsvorsitzender der Allianz SE ²⁵ (translation – original on hover)

Margin expanding 2025-11-14
Property-Casualty combined ratio improved to 91.9% in Q3 and 91.6% in 9M 2025 from 93.5% and 93.0% respectively in the prior-year periods ²⁵

Operating income turned positive ◦ 2025-11-13
9M 2025 operating profit increased to EUR 13.1 billion from EUR 11.8 billion in 9M 2024 ¹⁹

Guidance raised 2025-11-13
Full-year 2025 operating profit outlook raised to at least EUR 17.0 billion, the upper end of the original guidance range ¹⁹

2025-Q2 · Apr – Jun 2025

„Allianz delivered record results in the first half of the year, underpinned by sustained growth and a disciplined focus on productivity. The quality and relevance of our products support us in retaining and expanding our customer base. Our diversified business lines, our global reach, and our consistent execution create opportunities and build momentum. We are thus well on track to achieve the targets presented at our Capital Markets Day in December.“ – Oliver Bäte, Vorstandsvorsitzender der Allianz SE ²³ (translation – original on hover)

Operating income turned positive ◦ 2025-08-05
H1 operating profit increased 9.3% to EUR 8.6 billion, reaching a record half-year level ¹⁸

Margin expanding 2025-08-05
Property-Casualty combined ratio improved to 91.5% in H1 2025 from 92.7% in H1 2024, driven by price increases and better claims experience ¹⁸

Divestiture 2025-08-05
Sale of 50% stake in UniCredit Allianz Vita S.p.A. completed on 20 June 2025 ¹⁸

2025-Q1 · Jan – Mar 2025

„Allianz had a very strong start to the year. We maintained our growth momentum and attractive margins across all business segments, which is reflected in our record operating result. The proven resilience of our business model puts us in an excellent position to successfully navigate volatile markets and a more uncertain environment. We confidently confirm our full-year outlook. We are consistently focused on executing the strategic priorities presented at our Capital Markets Day in order to achieve our targets.“ – Claire-Marie Coste-Lepoutre, Finanzvorständin der Allianz SE ²¹ (translation – original on hover)

Operating income turned positive ◦ 2025-05-15
Record Q1 operating profit of EUR 4.2 billion reported ²¹

Revenue accelerating ◦ 2025-05-15
Total business volume up 11.7% to EUR 54.0 billion in Q1 ²¹

Guidance confirmed 2025-05-15
Full-year operating profit guidance confirmed at EUR 16.0 billion plus or minus EUR 1.0 billion ²¹

2024 · 12 events

2024-Q4 · Oct – Dec 2024

„In 2024, Allianz delivered another set of record financial results, which are underpinned by strong performance across all segments, consistently high customer satisfaction, and record employee engagement. Allianz remains the trusted partner of choice for our customers in a global context in which above-average levels of natural catastrophes, armed conflicts, and deepening polarization continue to create considerable volatility. These conditions elevate the need for what Allianz offers its customers and the world: a more secure future that translates into greater prosperity. Our renewed strategy, recently announced at our Capital Markets Day, underscores our conviction in growth and our confidence in our resilience and our capabilities. As we realize the value of our deepening customer relationships, we lift our ambitions to deliver even higher capital-efficient growth in the quarters and years ahead.“ – Oliver Bäte, Chief Executive Officer of Allianz SE ⁵¹

Operating income turned positive ◦ 2025-02-28
Full-year operating profit reached a record €16.0 bn, up 8.7%, exceeding the target range; Q4 operating profit rose 10.9% to €4.2 bn ⁵¹

Margin expanding 2025-02-28
Full-year Property-Casualty combined ratio improved to 93.4% from 93.8% in 2023, within guidance range of approximately 93%-94% ⁵³

Guidance initiated 2025-02-28
2025 operating profit target of €16.0 bn ± €1 bn announced, anchoring the new 2025-2027 planning cycle ⁵¹

2024-Q3 · Jul – Sep 2024

„Allianz continued its strong performance in the third quarter, achieving solid growth in business volume, operating profit and shareholders' period surplus, while financial strength was further reinforced. Natural catastrophes once again tested the financial and operational resilience of Allianz - tests that we passed successfully. This is reflected in our confidence in expecting an operating profit in the upper half of our target range for this year. The natural catastrophes severely affected many of our customers. Through these events, we were able to once again demonstrate our purpose to our customers and convey what it means to be insured with Allianz. Furthermore, in a world where the strength of a brand is becoming increasingly important, Allianz is once again the world's leading insurance brand, reaching the top 30 in the latest Interbrand ranking of global brands. Our rapidly growing brand value underscores our ability to translate customer orientation into profitable growth for our shareholders.“ – Oliver Bäte, Vorstandsvorsitzender der Allianz SE ¹⁴ (translation – original on hover)

Operating income turned positive ◦ 2024-11-13
Q3 operating profit grew 13.6% to €3.9 bn, mainly driven by Property-Casualty; 9M operating profit up 7.9% ¹⁴

Margin expanding 2024-11-13
Property-Casualty combined ratio improved to 93.5% in Q3 2024 ¹⁴

Guidance raised 2024-11-13
Management expects 2024 operating profit in upper half of target range of €14.8 bn ± €1 bn ¹⁴

2024-Q2 · Apr – Jun 2024

„Allianz delivered strong results in the first six months of the year, and we are confident that we will achieve our full-year targets. Our performance demonstrates the core strengths and resilience of our company, particularly as our results were achieved against the backdrop of significant natural catastrophes in the second quarter, primarily in our home market. The way in which Allianz responded to the flood disaster in Germany, which affected our customers, reflected the best possible combination of compassion, speed and expertise. Our teams, equipped with digital claims processing tools, visited nearly all affected properties within two weeks of the event, which gave our customers confidence and limited further damage. These excellent results in Property-Casualty insurance were complemented by strong performance in the Life/Health and Asset Management segments, demonstrating how we translate our customer-focused strategy into sustainable earnings growth.“ – Oliver Bäte, Vorstandsvorsitzender der Allianz SE ¹² (translation – original on hover)

Operating income turned positive ◦ 2024-08-07
H1 operating profit increased 5.3% to €7,911 mn, with positive contributions from all business segments ¹⁰

Margin compressing 2024-08-07
Property-Casualty combined ratio increased 0.7 percentage points to 92.7% due to higher claims inflation ¹⁰

Acquisition 2024-08-07
Acquisition of 99.99% of TUA Assicurazioni S.p.A. completed on 1 March 2024, consolidating Property-Casualty position in Italy ¹⁰

2024-Q1 · Jan – Mar 2024

„Allianz's strong results demonstrate the quality of our fundamentals, the value of our consistent strategy execution and the diverse talents and capabilities represented within our organisation. Our revenue growth of 5 percent and the double-digit increase in net income attributable to shareholders signal a strong start to the year. In Property-Casualty insurance, our solid growth and earnings increase reflect our balance between business growth and underwriting discipline. The new business development in the Life and Health insurance business demonstrates the attractiveness of our broad product portfolio. In Asset Management, net inflows in the first quarter already exceeded the full-year level of 2023, underscoring the quality of our business and its attractiveness to customers. Our proven profitability, resilience and consistent capital management make us the preferred choice, particularly in times of heightened uncertainty and ever-accelerating change.“ – Oliver Bäte, Vorstandsvorsitzender der Allianz SE ¹¹ (translation – original on hover)

Operating income turned positive ◦ 2024-05-15
Operating profit rose 6.8% to €4.0 bn, driven by Property-Casualty, Asset Management, and Life/Health ¹¹

Guidance confirmed 2024-05-15
Full-year 2024 operating profit target of €14.8 bn ± €1 bn confirmed ¹¹

earnings 2024-02-23
Net income attributable to shareholders rose 33.0% to 9,032M; prior-year base included a large Structured Alpha litigation provision that had reduced 2022 net income ⁶¹ ⁷

2023 · 10 events

2023-H1 · Jan – Jun 2023

Operating income turned positive ◦ 2023-08-08
Operating profit increased to €7,513M in H1 from €6,536M in H1 2022, mainly driven by Life/Health and Property-Casualty segments ²

Revenue accelerating ◦ 2023-08-08
Total business volume rose 6.4% on an internal basis in H1, driven by Property-Casualty positive price and volume effects ²

Acquisition 2023-08-08
Allianz completed acquisition of Innovation Group Holdings Ltd. on 12 January 2023, recognizing €270M in goodwill, a global provider of claims and technology solutions ²

2023-Q4 · Oct – Dec 2023

„Allianz extended our track record of delivering a record operating profit and core net income, consolidating our leading position as one of the world's most resilient global insurers and active asset managers. Our results demonstrate the trust that our customers place in Allianz, and in the resilience and potential of our business model and our people. Our Property-Casualty business saw strong growth while we supported our customers affected by elevated levels of natural catastrophes. Our Life/Health segment delivered profitable growth as we developed attractive solutions to protect our customers from the effects of inflation on their savings, and in our Asset Management business we achieved robust net inflows in a volatile capital market environment. The discipline of our strategy, execution, and capital management bolsters our operating profit outlook for 2024, our new dividend policy, and our renewed share buy-back program. In the coming year, we will continue to focus on unlocking the benefits of our scale to further increase our productivity, and on converting our excellent customer experience into profitable customer growth.“ – Oliver Bäte, Chief Executive Officer of Allianz SE ⁵⁸

Operating income turned positive ◦ 2024-02-23
Full-year operating profit increased 6.7% to €14.7B, exceeding the annual target; Property-Casualty, Life/Health, and Corporate segments all contributed to growth ⁶¹

Guidance initiated 2024-02-23
2024 operating profit target set at €14.8B ±€1B; new share buyback program of up to €1.0B announced for start in March 2024 ⁵⁸

Margin expanding 2023-12-31
Core return on equity improved to 16.0% in 2023 from 12.7% in 2022, reflecting full-year operating and net income growth ⁹

Divestiture 2023-12-14
Allianz formed partnership with Sanlam Ltd., contributing African business operations in exchange for a 41% shareholding in the combined entity ⁶²

2023-Q3 · Jul – Sep 2023

„In the first nine months of this year, we achieved robust growth in our business volume, operating profit and shareholders' period surplus. With 212%, we also further increased our Solvency II capitalisation ratio. Our focus on execution and operational efficiency enables profitable growth with healthy margins, and we are therefore well on track to achieve our targets. We confirm with confidence our target for an operating profit of 14.2 billion euros, plus or minus 1 billion euros. Our resilience as a company illustrates the advantages of our global scale, our diversified business mix and the industry-leading level of trust and engagement that we have earned with our stakeholders.“ – Oliver Bäte, Vorstandsvorsitzender der Allianz SE ⁶ (translation – original on hover)

Operating income turned negative ◦ 2023-11-10
Q3 operating profit fell 14.6% to €3.5B, impacted by exceptionally high natural catastrophe claims; nine-month cumulative operating profit still up 3.6% to €11.0B ⁶

Margin compressing 2023-11-10
Property-Casualty combined ratio rose 3.7 percentage points to 96.2% in Q3, driven by extraordinary natural catastrophe claims ⁶

Guidance confirmed 2023-11-10
FY2023 operating profit target of €14.2B (±€1B) confirmed despite the nat-cat-heavy quarter ⁶

Key Figures (€m)#

The company's core financial figures in three views, one below the other: fiscal years (as reported; after restatements the table shows the most recent filing version, marked), half-years (6-month basis, H2 = second half on its own) and quarters (3-month basis, not cumulative). Each row is one period, most recent first. Values with a dotted underline are clickable and show the raw value, the exact source location, the scale evidence and the source; derived values additionally show their formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.

All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.

Basis Metric

Revenue (€m) · annual basis, as reported

Net income (€m) · annual basis, as reported

EPS (€) · annual basis, as reported

Operating cash flow (€m) · annual basis, as reported

Revenue (€m) · half-year basis, as reported

Net income (€m) · half-year basis, as reported

EPS (€) · half-year basis, as reported

Operating cash flow (€m) · half-year basis, as reported

Net income (€m) · quarterly basis, as reported

EPS (€) · quarterly basis, as reported

Cash (€m) · annual basis, as reported

Cash (€m) · half-year basis, as reported

Cash (€m) · quarterly basis, as reported

Shown: the most recent fiscal years. Full history since FY2022 is on record.

Fiscal years

Amounts in €m · EPS in € per share · as reported

Period	Revenue	Net income	EPS (€)	EPS adj. (€)	OCF	Source
FY2025	102,802	11,430^~	27.67	28.61	33,209	¹⁵⁴
FY2024	97,675	10,540^~	25.18	25.42	31,903	¹³²
FY2023	91,251	9,032	21.18	–	24,462	¹⁶²

Half-years

Amounts in €m · EPS in € per share · as reported

Period	Published	Revenue	Net income	EPS (€)	EPS adj. (€)	Cash	Source
2026-H1	2026-06-30	53,125	6,630^~	16.12	16.44	27,319	¹³⁵
2025-H2*	2025-06-30	52,628	6,166	14.93*^≈	–	29,854	¹³⁵
2025-H1	2025-06-30	50,174	5,264	13.30	14.00	33,886	³⁶
2024-H2*	2024-08-07	50,389	5,247	12.54*^≈	–	31,637	¹³²
2024-H1	2024-08-07	47,286	5,293	12.40	12.57	28,058	¹⁰
2023-H2*	2023-08-08	46,770	4,385	10.28*^≈	–	29,210	¹¹⁹
2023-H1	2023-08-08	44,481^~	4,647	10.58	11.40	25,612	²

Quarters

Amounts in €m · EPS in € per share · as reported

Period	Published	Revenue	Net income	EPS (€)	EPS adj. (€)	Cash	Source
2026-Q2*	2026-06-30	–	2,940	6.66*^≈	–	27,319	³¹
2026-Q1*	2026-03-31	–	3,690	9.96^≈	–	–	³³
2025-Q4	2025-06-30	–	2,664	6.98	7.17	29,854	⁴⁶
2025-Q2*	2025-08-07	–	2,841	7.39^≈	7.39^°	33,886	²³
2025-Q1*	2025-05-15	–	2,423	6.61^≈	6.61	–	²¹
2024-Q4	2024-06-30	25,819	2,636	6.40	6.31	31,637	⁵³
2024-Q3*	2024-11-13	–	-2,822	-6.74*^≈	–	–	¹⁴
2024-Q2*	2024-08-07	–	2,818	6.73*^≈	–	28,058	¹⁰
2024-Q1*	2024-05-15	–	2,475	6.42^≈	–	–	¹¹
2023-Q4	2023-06-30	23,748	2,151	5.47	–	29,210	⁵⁴
2023-Q3*	2024-11-13	–	1,743	4.09*^≈	–	–	¹⁴

* derived: values with formula provenance (hover); Q4 = FY − 9M · H2 = FY − H1 · EPS via implied shares · net debt = financial debt − cash · FCF = OCF − |capex|.

The publication date of individual rows is a publisher placeholder (not the actual publication date).

Columns not reported in this reporting cadence are hidden: Op. income, Op. income (adj.), EBITDA (adj.), FCF, Net Debt (not reported in any source for these periods).

Balance Sheet & Cash Flow (€m)#

Point-in-time balance sheet items (e.g. cash, financial debt) and cash flow items (operating cash flow, investments/capex) per fiscal year, half-year and quarter. Balance sheet values are as of the period end, flow items cover the period. Derived values are marked and are calculated, for example, as: net debt = financial debt − cash; free cash flow = operating cash flow − capex; the click popover shows formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.

Fiscal years

Amounts in €m · as reported

Period	Published	Cash	OCF	Source
FY2025	2025-06-30	29,854	33,209	¹⁵⁴
FY2024	2024-06-30	31,637	31,903	¹³²
FY2023	2023-06-30	29,210	24,462	¹⁶²

Half-years

Amounts in €m · as reported

Period	Published	Cash	OCF	Source
2026-H1	2026-06-30	27,319	16,917	¹³⁵
2025-H2	2025-06-30	29,854	13,074	¹³⁵
2025-H1	2025-06-30	33,886	20,135	³⁶
2024-H2	2024-08-07	31,637	16,636	¹³²
2024-H1	2024-08-07	28,058	15,267	¹⁰
2023-H2	2023-08-08	29,210	10,102	¹¹⁹
2023-H1	2023-08-08	25,612	14,360	²

Quarters

Amounts in €m · as reported

Period	Published	Cash	OCF	Source
2026-Q2	2026-06-30	27,319	–	³¹
2025-Q4	2025-06-30	29,854	–	⁴⁶
2025-Q2	2025-08-07	33,886	–	²³
2024-Q4	2024-06-30	31,637	–	⁵³
2024-Q2	2024-08-07	28,058	–	¹⁰
2023-Q4	2023-06-30	29,210	9,935	⁵⁴

Debt = long-term + current · Net debt = debt − cash · FCF = OCF − capex.

The publication date of individual rows is a publisher placeholder (not the actual publication date).

Revenue by Type (as of 2026-Q2 · EURm · 34/80)#

Revenue split by segment or product type, exactly as the company itself reports it. The basis is stated next to each value (3, 6 or 12 months); segment totals can deviate from group revenue (reconciliation/consolidation items). If the company changes its segment structure, older structures are kept in the expandable part. Rows in grey are no longer reported separately by the company; they show the last available figures and are never extrapolated.

Segment	Since	Period	Basis	Revenue	Growth	Margin	Source
Asset Management	FY2022	2026-H1	6M	4,512	–	–	³¹
Property-Casualty	2026-Q1	2026-Q1	3M	28,300	4%	–	³³
Life reinsurance	FY2025	FY2025	12M	532	-5.9%	–	²⁸
Non-Life – Germany	2025-Q4	2025-Q4	12M	1,505.3	–	–	⁴⁸
Life – Germany Life	2025-Q4	2025-Q4	12M	1,192.3	–	–	⁴⁸
Life – France	2025-Q4	2025-Q4	12M	644.8	–	–	⁴⁸
Non-Life – Western & Southern Europe (excl. Top 5)	2025-Q4	2025-Q4	12M	625.3	–	–	⁴⁸
Life – Asia-Pacific	2025-Q4	2025-Q4	12M	603	–	–	⁴⁸
Life – Central Europe	2025-Q4	2025-Q4	12M	588.2	–	–	⁴⁸
Non-Life – Italy	2025-Q4	2025-Q4	12M	503.1	–	–	⁴⁸
Non-Life – AGCS	2025-Q4	2025-Q4	12M	479.3	–	–	⁴⁸
Non-Life – Central Europe	2025-Q4	2025-Q4	12M	471.8	–	–	⁴⁸
Life – Other markets	2025-Q4	2025-Q4	12M	372.9	–	–	⁴⁸
Non-Life – United Kingdom	2025-Q4	2025-Q4	12M	369.8	–	–	⁴⁸
Non-Life – France	2025-Q4	2025-Q4	12M	318.2	–	–	⁴⁸
Life – Germany Health	2025-Q4	2025-Q4	12M	259.5	–	–	⁴⁸
Non-Life – Australia	2025-Q4	2025-Q4	12M	221.4	–	–	⁴⁸
Non-Life – Latin America	2025-Q4	2025-Q4	12M	181.9	–	–	⁴⁸
Non-Life – Other	2025-Q4	2025-Q4	12M	141.9	–	–	⁴⁸
Life – Germany APR	2025-Q4	2025-Q4	12M	66.7	–	–	⁴⁸
Life – Health insurance	FY2024	2025-Q4	12M	730.5	–	–	⁴⁸
Property-Casualty Insurance Operations	2024-H1	2026-H1	6M	49,615	5.6%	9.8%	³¹
Life/Health Insurance Operations	2024-H1	2026-H1	6M	44,772	1.6%	6.5%	³¹
Life/Health	2024-Q2	2026-Q1	3M	22,600	-9%	–	³³
Life and Health Insurance	2024-Q1	2026-Q1	3M	22.6	–	–	³⁴
Motor	FY2023	FY2025	12M	8,392	16.2%	98.8%	²⁸
Fire and Property Reinsurance	FY2023	FY2025	12M	5,332	-3.3%	85.4%	²⁸
Liability	FY2023	FY2025	12M	1,680	10.9%	96.6%	²⁸
Marine and Aviation	FY2023	FY2025	12M	559	2.6%	88.1%	²⁸
Personal Accident	FY2023	FY2025	12M	494	2.4%	75.7%	²⁸
Property and Casualty	2023-Q3	2026-Q1	3M	28.3	6%	–	³⁴
Life and Health	2023-Q3	2026-Q2	6M	–	-5%	5%	³⁶
Property-Casualty	FY2022	2026-H1	6M	40,408	–	–	³¹
Life/Health	FY2022	2026-H1	6M	12,639	–	–	³¹
German Speaking Countries, Central Europe	FY2024	FY2024	12M	320,179	–	–	¹⁵
USA	FY2024	FY2024	12M	156,636	–	–	¹⁵
Western & Southern Europe	FY2024	FY2024	12M	123,425	–	–	¹⁵
Property-Casualty Insurance	FY2024	FY2024	12M	82,900	8.3%	–	¹⁵
Global Insurance Lines, Anglo Markets, Iberia, Latin America, Africa – Property-Casualty	FY2024	FY2024	12M	30,516	–	–	¹⁵
Asia Pacific	FY2024	FY2024	12M	23,812	–	–	¹⁵
German Speaking Countries, Central Europe – Property-Casualty	FY2024	FY2024	12M	19,192	–	–	¹⁵
Property-Casualty reinsurance	FY2024	FY2024	12M	17,276	–	–	¹⁶
German Speaking Countries, Central Europe – Life/Health	FY2024	FY2024	12M	11,271	–	–	¹⁵
Motor reinsurance	FY2024	FY2024	12M	7,221	25.4%	102.5%	¹⁶
Asia Pacific – Property-Casualty	FY2024	FY2024	12M	6,648	–	–	¹⁵
Western & Southern Europe – Life/Health	FY2024	FY2024	12M	6,029	–	–	¹⁵
Life/Health Life	FY2024	FY2024	12M	5,505.1	–	–	⁵⁵
Property-Casualty Non-Life	FY2024	FY2024	12M	4,908	–	–	⁵⁵
USA – Life/Health	FY2024	FY2024	12M	2,666	–	–	¹⁵
Asia Pacific – Life/Health	FY2024	FY2024	12M	2,311	–	–	¹⁵
Global Insurance Lines, Anglo Markets, Iberia, Latin America, Africa – Life/Health	FY2024	FY2024	12M	1,007	–	–	¹⁵
Life/Health reinsurance	FY2024	FY2024	12M	610	–	–	¹⁶
Property-Casualty Reinsurance Total	FY2023	FY2023	12M	13,765	–	–	⁸
Household and Homeowner	FY2023	FY2024	12M	1,836	30.7%	97.2%	¹⁶
Fire	FY2023	FY2024	12M	1,593	58.9%	109.2%	¹⁶
Other Lines	FY2023	FY2024	12M	1,322	19.7%	112%	¹⁶
Other Property Reinsurance	FY2023	FY2024	12M	1,202	5.3%	103.1%	¹⁶
Life/Health Reinsurance Total	FY2023	FY2023	12M	949	–	–	⁸
Engineering	FY2023	FY2024	12M	600	27.8%	95.2%	¹⁶
Life	FY2023	FY2024	12M	565	15.7%	–	¹⁶
Non-Proportional Casualty Reinsurance	FY2023	FY2023	12M	396.1	–	–	⁶³
Credit and Bond	FY2023	FY2024	12M	364	9.6%	85%	¹⁶
Legal Expenses	FY2023	FY2024	12M	313	1.7%	88.9%	¹⁶
Business Interruption	FY2023	FY2024	12M	283	19.4%	80.2%	¹⁶
Proportional miscellaneous financial loss reinsurance	FY2023	FY2023	12M	62.5	–	–	⁶³
Proportional general liability insurance	FY2023	FY2023	12M	55.1	–	–	⁶³
Health	FY2023	FY2024	12M	44	84.1%	–	¹⁶
Proportional credit and surety reinsurance	FY2023	FY2023	12M	40.4	–	–	⁶³
Proportional legal expenses reinsurance	FY2023	FY2023	12M	29.3	–	–	⁶³
Proportional marine, aviation and transport reinsurance	FY2023	FY2023	12M	19.3	–	–	⁶³
Non-proportional marine, aviation and transport reinsurance	FY2023	FY2023	12M	13.7	–	–	⁶³
Non-proportional health reinsurance	FY2023	FY2023	12M	8.8	–	–	⁶³
Proportional assistance reinsurance	FY2023	FY2023	12M	0.8	–	–	⁶³
Health reinsurance	FY2023	FY2023	12M	-1.4	–	–	⁶³
Life reinsurance	FY2023	FY2023	12M	-7.8	–	–	⁶³
Proportional other motor reinsurance	FY2023	FY2023	12M	-149.1	–	–	⁶³
Non-proportional property reinsurance	FY2023	FY2023	12M	-158.7	–	–	⁶³
Proportional motor liability insurance	FY2023	FY2023	12M	-211.9	–	–	⁶³
Proportional fire and other property reinsurance	FY2023	FY2023	12M	-442.3	–	–	⁶³
Corporate and Other	–	FY2023	–	–	–	–	⁷

▸ More segments (older taxonomy / earlier periods) (+65)

Products & M&A (1/16 active+recent)#

Product announcements from the reports; market launches, approvals, partnerships; with first mention (date) and source. “Active/current” means: still mentioned in the most recent reports; what the company no longer mentions moves to the expandable part but is never deleted. Rows in grey are discontinued products.

Product/Line	Since	Status	Source
Dividend payments from stake in Viridium (2x)	2026-06	Launched	³⁶
Quantitative targets for Sustainable Solutions revenues incorporated into Board of Management remuneration scheme	2024-01	Launched	¹⁵
Generative AI and ChatGPT training for managers	2023-10	Launched	⁷
Global Risk Assessment (GloRiA) tool launch (climate risk awareness for customers)	2023-06	Launched	⁸
Sustainable Solutions framework launch (2x)	2023-01	Launched	⁸
Sustainable Solutions framework incorporated into binding Allianz Standard for P&C Underwriting	2023-01	Launched	¹⁵
Renewable energy insurance (solar and wind farms) (2x)	2023	Launched	¹⁵
Move Now program launch (global youth and disability employment initiative)	2023	Launched	⁸
Master Products creation (21 Property-Casualty templates)	2023	Launched	⁸
Higher interest rate environment	2023	Launched	⁷
Global Fit4IT day for employee upskilling	2023	Launched	⁷
EDGE recertification for gender equality	2023	Launched	⁷
Battery electric vehicle (BEV) insurance products	2023	Launched	¹⁵
Allianz Solvd claims service platform launch	2023	Launched	⁸
Allianz Free Share offering to employees	2023	Launched	⁷
Allianz Customer Model (ACM) rollout	2023	Launched	⁸

▸ More products & M&A (older) (+1)

M&A (42)#

All recorded acquisitions (purchases) and divestitures/exits with date, short description and source; deliberately including smaller transactions that summaries often miss. Purchase prices appear only where the company itself has disclosed them. Rows in grey are cancelled transactions; the cancellation date is shown in the row.

Acquisitions · 23Divestitures/exits · 10older: 9 (in the table)

Acquisitions

Transaction / stake	Date	Type	Source
UOB Asset Management (UOBAM) acquisition	2027	Completed	³¹
HSBC Life Singapore acquisition	2027	Completed	³¹
Acquisition of Eurofil insurance portfolio	2026-01	Completed	³¹
Cronos Vita portfolio assignment	2025-10	Completed	²⁸
Viridium Group acquisition (3x)	2025-08	Completed	²⁸
iptiQ EMEA P&C S.A. acquisition	2025-07	Completed	²⁸
RAA partnership and acquisition	2025-07	Completed	¹⁸
RAA Insurance Holdings Limited acquisition	2025-07	Completed	²⁸
JFSL Allianz reinsurance joint venture	2025-07	Completed	¹⁸
20-year exclusive distribution agreement with Royal Automobile Association of South Australia for Home and Motor insurance	2025-07	Announced	⁴⁸
Strategic realignment of joint ventures in India	2025	Completed	²⁸
Share buyback program 2026 (2x)	2025	Completed	²⁸
Participation in Viridium, leading European life insurance consolidation platform	2025	Completed	²⁸
Issuance of Restricted Tier 1 bond	2025	Completed	²⁸
€0.6 billion 3.375% undated subordinated bond redemption	2024-09	Completed	¹⁰
Income Insurance acquisition offer	2024-07	Completed	¹⁰
Share buy-back program (3×)	2024-02	Completed	³¹
Subordinated bond placement €1.0 bn and USD 1.25 bn	2024	Completed	¹⁶
Reinsurance agreement (Allianz Re)	2024	Completed	¹¹
Subordinated bond redemption	2024	Completed	⁵⁶
Subordinated bond issuance 2 (2×)	2024	Completed	⁵⁶
Share buy-back program (5×)	2024	Completed	¹²
TUA Assicurazioni S.p.A. acquisition (3×)	2023-11	Completed	¹⁵
Reorganization of insurance activities structure	2023-01	Completed	²
Innovation Group Holdings Ltd. acquisition	2023-01	Completed	⁷
Bancassurance partnership in the Netherlands	2023	Completed	⁸
Formation of partnership with Sanlam Ltd. (3×)	2022-05	Completed	⁷

▸ More transactions (+12)

Divestitures / exits

Transaction / stake	Date	Type	Source
Sale of 26% share in BAGIC and BALIC to Bajaj Promotor Group	2026-01	Divested	³¹
Bajaj Allianz joint ventures 23% stake sale (4×)	2026-01	Divested	⁴⁸
PIMCO M-unit Plan termination and buyout	2026	Divested	³¹
Cronos Vita Assicurazioni S.p.A. split and portfolio transfer	2025-10	Divested	⁴⁸
UniCredit Allianz Vita stake sale (4×)	2025-06	Divested	³¹
Bajaj General Insurance and Bajaj Life Insurance stake sale (3×)	2025-03	Divested	²⁸
Sale of stakes in Indian joint ventures (2x)	2025	Divested	³⁶
Sale of UniCredit Allianz Vita S.p.A. (3x)	2025	Divested	³⁶
AGCS U.S. mid-corp and entertainment portfolio transfer to Arch Insurance	2024-08	Divested	¹⁰
Sale of Euler Hermes Re S.A. (4x)	2024-01	Divested	⁷
Repayment of €1.5 bn subordinated bond	2024	Divested	¹⁶
Allianz Saudi Fransi stake sale to Abu Dhabi National Insurance Company	2023-09	Divested	⁶²
Allianz Saudi Fransi stake sale (4x)	2023-09	Divested	¹⁵
Lebanese business operations sale to GGC SNA Holdings Limited (2x)	2023-07	Divested	⁷
Russian insurance operations sale to Interholding LLC (2x)	2023-05	Divested	⁷

Reported KPIs (as disclosed) (973)#

Figures the company discloses itself in addition to the standard financials; order intake, recurring revenue, user or unit counts, adjusted measures. These “story KPIs” usually slip through standard databases; here they are collected as reported, with no calculation of our own. Important: the definition comes from the company itself and can differ from firm to firm; period and source are stated next to every value.

Company-specific KPIs verbatim from the filings (English, as disclosed; not normalised). Balance-sheet and boilerplate items filtered.

Date	Period	KPI	Value / change	Source
2026-08-07	2026-Q2	Contractual service margin (CSM)	57,3 Milliarden Euro	³⁶
2026-08-07	2026-Q2	Solvency II ratio	225%	³⁶
2026-08-07	2026-Q2	Loss ratio	68,1%	³⁶
2026-08-07	2026-Q2	Combined ratio	91,9%	³⁶
2026-08-07	2026-Q2	Value of new business	1,1 Milliarden Euro	³⁶
2026-08-07	2026-Q2	New business margin	5,6%	³⁶
2026-08-07	2026-Q2	Net inflows into third-party assets under management	39 Milliarden Euro	³⁶
2026-08-07	2026-Q2	Expense ratio	23,8%	³⁶
2026-08-07	2026-Q2	Third-party assets under management	2.161 Billionen Euro	³⁶
2026-08-07	2026-Q2	Equity	62,9 Milliarden Euro	³⁶
2026-08-07	2026-Q2	Average third-party assets under management	2.093 Billionen Euro	³⁶
2026-08-07	2026-Q2	Present value of new business premiums (PVNBP)	19,6 Milliarden Euro	³⁶
2026-08-07	2026-Q2	Cost-income ratio	60,2%	³⁶
2026-08-07	2026-Q2	Annualised adjusted return on equity	20,7%	³⁶
2026-08-05	2026-H1	Value of new business (Life/Health)	2,355 (EUR € mn)	³¹
2026-08-05	2026-H1	Undated subordinated bonds	5,343	³¹
2026-08-05	2026-H1	Third-party assets under management	2,161 (EUR € bn)	³¹
2026-08-05	2026-H1	Solvency II capitalization ratio	225	³¹
2026-08-05	2026-H1	Shareholders' equity	62,865	³¹
2026-08-05	2026-H1	Reinsurance contract assets	28,138 (EUR € mn)	³¹
2026-08-05	2026-H1	Non-controlling interests	3,685	³¹
2026-08-05	2026-H1	Loss ratio	67.7	³¹
2026-08-05	2026-H1	Issued capital	1,170 (EUR € mn)	³¹
2026-08-05	2026-H1	Investments	790,606 (EUR € mn)	³¹
2026-08-05	2026-H1	Investment contract liabilities	53,319 (EUR € mn)	³¹
2026-08-05	2026-H1	Insurance contract liabilities	833,759	³¹
2026-08-05	2026-H1	Insurance contract assets	273 (EUR € mn)	³¹
2026-08-05	2026-H1	Financial assets for unit linked contracts	171,687 (EUR € mn)	³¹
2026-08-05	2026-H1	Expense ratio	23.7	³¹
2026-08-05	2026-H1	Cost-income ratio (Asset Management)	60.3	³¹
2026-08-05	2026-H1	Core return on equity (Life/Health)	19.0 (EUR %)	³¹
2026-08-05	2026-H1	Core return on equity	20.7 (EUR %)	³¹
2026-08-05	2026-H1	Combined ratio	91.4	³¹
2026-08-05	2026-H1	Additional paid-in capital	27,732 (EUR € mn)	³¹
–	2026-H1	Contractual service margin (net)	36,2 Mrd €	³⁵
–	2026-H1	Solvency II capital ratio	225%	³⁵
–	2026-H1	Combined ratio	91,4%	³⁵
–	2026-H1	New business margin	5,4%	³⁵
–	2026-H1	Third-party assets under management	2.161 Mrd €	³⁵
–	2026-H1	Adjusted return on equity	20,7%	³⁵
–	2026-H1	Cost-income ratio	60,3%	³⁵
2026-05-13	2026-Q1	Contractual service margin	55,4 Mrd €	³⁴
2026-05-13	2026-Q1	Solvency II ratio	221%	³⁴
2026-05-13	2026-Q1	Loss ratio	67,3%	³⁴
2026-05-13	2026-Q1	Combined ratio	91,0%	³⁴
2026-05-13	2026-Q1	New business margin	5,3%	³⁴
2026-05-13	2026-Q1	Net flows into assets under management	45,2 Mrd €	³⁴
2026-05-13	2026-Q1	Expense ratio	23,7%	³⁴
2026-05-13	2026-Q1	Cost-income ratio	60,4%	³⁴
2026-03-31	2026-Q1	Contractual service margin (net)	34,9 Mrd €	³³
2026-03-31	2026-Q1	Solvency II capital ratio	221%	³³
2026-03-31	2026-Q1	Combined ratio	91,0%	³³
2026-03-31	2026-Q1	New business margin Life/Health	5,3%	³³
2026-03-31	2026-Q1	Equity	65,9 Mrd €	³³
2026-03-31	2026-Q1	Adjusted return on equity	24,2%	³³
2026-03-31	2026-Q1	Cost-income ratio Asset Management	60,4%	³³
2026-03-12	FY2025	Treasury shares held	176,699	²⁹
2026-03-12	FY2025	Dividend per share	17.10	²⁹
2026-03-02	FY2025	plan participants	128,000	²⁸
2026-03-02	FY2025	core diluted earnings per share	28.59	²⁸
2026-03-02	FY2025	core basic earnings per share	28.61	²⁸
2026-03-02	FY2025	Valuation result	3,266	²⁸
2026-03-02	FY2025	Underwriting risk	16,634	²⁸
2026-03-02	FY2025	Total net investment income	29,405 (EUR € mn)	²⁸
2026-03-02	FY2025	Total investments	753,487 (EUR € mn)	²⁸
2026-03-02	FY2025	Total business volume growth 2025	8.1 %	²⁸
2026-03-02	FY2025	Total assets	764.2 (EUR € bn)	²⁸
2026-03-02	FY2025	Sustainability basket target achievement	142.33%	²⁸
2026-03-02	FY2025	Solvency II capitalization ratio 2024	209	²⁸
2026-03-02	FY2025	Solvency II capitalization ratio	218	²⁸
2026-03-02	FY2025	Shareholders' equity	62,722	²⁸
2026-03-02	FY2025	Shareholders equity increase 2025	2.4 bn	²⁸
2026-03-02	FY2025	Share buyback 2025	2.0 bn	²⁸
2026-03-02	FY2025	Recordable work related accidents 2025	719	²⁸
2026-03-02	FY2025	Realized gains/losses (net)	(918)	²⁸
2026-03-02	FY2025	Real estate held for investment	21,178 (EUR € mn)	²⁸
2026-03-02	FY2025	Real estate	23.0	²⁸
2026-03-02	FY2025	Rate of recordable work related accidents 2025	3.1	²⁸
2026-03-02	FY2025	Property Casualty loss ratio without nat cat IFRS17	66.9	²⁸
2026-03-02	FY2025	Property Casualty loss ratio IFRS17	68.3	²⁸
2026-03-02	FY2025	Property Casualty combined ratio 2025	92.2 %	²⁸
2026-03-02	FY2025	Operational risk	4,103	²⁸
2026-03-02	FY2025	Operating profit target achievement	134.36%	²⁸
2026-03-02	FY2025	Operating profit 2025	17.4 bn	²⁸
2026-03-02	FY2025	Net retention ratio	92.3	²⁸
2026-03-02	FY2025	Net income target achievement	129.16%	²⁸
2026-03-02	FY2025	Money market securities 2025	1,166	²⁸
2026-03-02	FY2025	Money market securities 2024	1,420	²⁸
2026-03-02	FY2025	Market risk	22,699	²⁸
2026-03-02	FY2025	Loans	70,066 (EUR € mn)	²⁸
2026-03-02	FY2025	Life Health normalized CSM growth 2025	5.2 %	²⁸
2026-03-02	FY2025	Life Health CSM release rate 2025	8.9 %	²⁸
2026-03-02	FY2025	Investment expenses	(1,956)	²⁸
2026-03-02	FY2025	Interest result	29,014	²⁸
2026-03-02	FY2025	Insurance Revenue	102,802 (EUR € mn)	²⁸
2026-03-02	FY2025	Inclusive Meritocracy Index 2025	84 %	²⁸
2026-03-02	FY2025	Inclusive Meritocracy Index	143.75%	²⁸
2026-03-02	FY2025	Group targets overall achievement	133.87%	²⁸
2026-03-02	FY2025	Government bonds	189.1	²⁸
2026-03-02	FY2025	Government bonds	181,834	²⁸
2026-03-02	FY2025	Funds	81.6	²⁸
2026-03-02	FY2025	Financial liabilities measured at fair value	20,117 (EUR € mn)	²⁸
2026-03-02	FY2025	Financed GHG emissions 2025	10.1 mn t CO2e	²⁸
2026-03-02	FY2025	Equity investments	29,690 (EUR € mn)	²⁸
2026-03-02	FY2025	Equities	50.5	²⁸
2026-03-02	FY2025	Employees covered by health safety management 2025	99.4 %	²⁸
2026-03-02	FY2025	Emission reduction own investments	143.23%	²⁸
2026-03-02	FY2025	Dividend per share 2025	17.10	²⁸
2026-03-02	FY2025	Dividend payout 2025	5.9 bn	²⁸
2026-03-02	FY2025	Digital Net Promoter Score 2025	70 %	²⁸
2026-03-02	FY2025	Digital Net Promoter Score	140.00%	²⁸
2026-03-02	FY2025	Derivatives	23,761	²⁸
2026-03-02	FY2025	Debt investments measured at fair value	539,260 (EUR € mn)	²⁸
2026-03-02	FY2025	Credit risk	4,249	²⁸
2026-03-02	FY2025	Covered bonds	44.0	²⁸
2026-03-02	FY2025	Covered bonds	42,601	²⁸
2026-03-02	FY2025	Corporate bonds	208.5	²⁸
2026-03-02	FY2025	Corporate bonds	202,127	²⁸
2026-03-02	FY2025	Core return on equity 2025	18.1 %	²⁸
2026-03-02	FY2025	Combined ratio Motor	98.8	²⁸
2026-03-02	FY2025	Combined ratio Liability	96.6	²⁸
2026-03-02	FY2025	Combined ratio Fire and property	85.4	²⁸
2026-03-02	FY2025	Capital requirement	43.3 bn	²⁸
2026-03-02	FY2025	CSM as of 31 December	55,897	²⁸
2026-03-02	FY2025	CSM as of 1 January	56,065	²⁸
2026-03-02	FY2025	Business risk	8,018	²⁸
2026-03-02	FY2025	Asset Management cost income ratio 2025	60.7 %	²⁸
2026-03-02	FY2025	ABS/MBS	27,684	²⁸
2025-12-11	FY2025	Volatility adjustment non-life insurance	150 598 Tsd €	⁴⁹
2025-12-11	FY2025	Volatility adjustment life health insurance	4 605 Tsd €	⁴⁹
2025-12-11	FY2025	Ratio of eligible own funds to SCR	266%	⁴⁹
2025-12-11	FY2025	Ratio of eligible own funds to MCR	949%	⁴⁹
2025-12-11	FY2025	Solvency capital requirement	35 559 744	⁴⁹
2025-12-11	FY2025	Solvency II ratio scenario combined market event	259 %	⁴⁹
2025-12-11	FY2025	Solvency II ratio scenario interest rate risk	266 %	⁴⁹
2025-12-11	FY2025	Solvency II ratio scenario currency risk	261 %	⁴⁹
2025-12-11	FY2025	Solvency II ratio scenario premium risk	263 %	⁴⁹
2025-12-11	FY2025	Solvency II ratio scenario natural catastrophes	265 %	⁴⁹
2025-12-11	FY2025	Solvency II ratio scenario financial crisis 2008	258 %	⁴⁹
2025-12-11	FY2025	Solvency II ratio scenario equity risk	260 %	⁴⁹
2025-12-11	FY2025	Solvency II capital ratio	266 %	⁴⁹
2025-12-11	FY2025	Solvency II Capital Ratio	266 %	⁴⁹
2025-12-11	FY2025	Subordinated liabilities	16 441 959	⁴⁹
2025-12-11	FY2025	Minimum capital requirement	8 889 936	⁴⁹
2025-12-11	FY2025	Credit risk scenario LGD	10,5 %	⁴⁹
2025-12-11	FY2025	Credit risk scenario downgrade	25,8 %	⁴⁹
2025-12-11	FY2025	Share capital	1 169 920	⁴⁹
2025-12-11	FY2025	Total eligible basic own funds after deductions	94 731 578	⁴⁹
2025-12-11	FY2025	Share premium on share capital	28 060 486	⁴⁹
2025-12-11	FY2025	Eligible own funds	94 731 578	⁴⁹
–	FY2025	VNB	1,217	⁴⁵
–	FY2025	Tax rate	26	⁴⁵
–	FY2025	Solvency II capitalization ratio (regulatory view)	218	³⁰
–	FY2025	SII ratio	218	⁴⁵
–	FY2025	Run-off	-2.6	⁴⁵
–	FY2025	Normalized CSM growth	5.23	³⁰
–	FY2025	Net flows	45	⁴⁵
–	FY2025	NatCat	1.9	⁴⁵
–	FY2025	NBM	5.8	⁴⁵
–	FY2025	Loss ratio	68.3	³⁰
–	FY2025	Expense ratio	23.9	³⁰
–	FY2025	ER	23.8	⁴⁵
–	FY2025	Discounting impact	-2.3	⁴⁵
–	FY2025	DPS	17.10	⁴⁵
–	FY2025	Cost-income ratio	60.7	³⁰
–	FY2025	Core return on equity	18.1 (EUR %)	³⁰
–	FY2025	Combined ratio	92.2	³⁰
–	FY2025	CoR	93.6	⁴⁵
–	FY2025	CIR	60.0	⁴⁵
–	FY2025	3rd party AuM	1,990	⁴⁵
2026-02-26	2025-Q4	Solvency II ratio	218%	⁴⁶
2026-02-26	2025-Q4	Loss ratio property casualty	68.3%	⁴⁶
2026-02-26	2025-Q4	Combined ratio property casualty	92.2%	⁴⁶
2026-02-26	2025-Q4	Assets under management	2,512 (EUR EUR bn)	⁴⁶
2026-02-26	2025-Q4	Contractual service margin (net)	35,4	²⁷
2026-02-26	2025-Q4	Solvency II ratio	218	²⁷
2026-02-26	2025-Q4	Combined ratio	92,2	²⁷
2026-02-26	2025-Q4	New business margin	5,7	²⁷
2026-02-26	2025-Q4	Third-party assets under management	1.990	²⁷
2026-02-26	2025-Q4	Equity	62,7	²⁷
2026-02-26	2025-Q4	Adjusted return on equity	18,1	²⁷
2026-02-26	2025-Q4	Cost-income ratio	60,7	²⁷
–	2025-Q4	Total liabilities MVBS	705,551,247	⁴⁸
–	2025-Q4	Total assets MVBS	791,729,838 (EUR € thou)	⁴⁸
–	2025-Q4	Solvency ratio	2.18	⁴⁸
–	2025-Q4	Solvency II capitalization ratio	218%	⁴⁸
–	2025-Q4	Solvency II capitalization	218%	⁴⁸
–	2025-Q4	Solvency capital requirement	43,259,437 (EUR in thousands)	⁴⁸
–	2025-Q4	Severance payment cap	2 x target remuneration	⁴⁸
–	2025-Q4	Relative TSR performance factor minimum	0%	⁴⁸
–	2025-Q4	Relative TSR performance factor maximum	200%	⁴⁸
–	2025-Q4	Operating revenues asset management	8,506,709 (EUR in thousands)	⁴⁸
–	2025-Q4	Operating result corporate and other	(564,612)	⁴⁸
–	2025-Q4	operating profit asset management	3,345,034 (EUR in thousands)	⁴⁸
–	2025-Q4	minimum consolidated group SCR	25,685,983	⁴⁸
–	2025-Q4	LTI payout cap	200%	⁴⁸
–	2025-Q4	group SCR	43,259,437	⁴⁸
–	2025-Q4	financial conglomerate capitalization ratio	218%	⁴⁸
–	2025-Q4	excess of assets over liabilities	86,178,591 (EUR € thou)	⁴⁸
–	2025-Q4	eligible own funds	94,509,292	⁴⁸
–	2025-Q4	customers served	97 million	⁴⁸
–	2025-Q4	combined ratio non-life	92.2%	⁴⁸
–	2025-Q4	board remuneration cap regular member	€ 7,168,455	⁴⁸
–	2025-Q4	board remuneration cap chairperson	€ 14,050,171.80	⁴⁸
–	2025-Q4	annual bonus target achievement maximum	150%	⁴⁸
–	2025-Q4	ABS/MBS percentage of debt instruments	6%	⁴⁸
–	2025-Q4	ABS/MBS exposure	32,831,366	⁴⁸
–	2025-Q4	ABS investment grade rating	96%	⁴⁸
–	2025-Q4	ABS AA or better rating	62%	⁴⁸
–	2025-Q4	Contractual service margin (net)	35,4	²⁶
–	2025-Q4	Third-party assets under management	1,990 (EUR millions)	⁴⁷
–	2025-Q4	Solvency II capitalization ratio	218%	⁴⁷
–	2025-Q4	rate of medical cost trend	5.3	⁴⁸
–	2025-Q4	rate of compensation increase	2.8	⁴⁸
–	2025-Q4	property-casualty combined ratio	93.6%	⁴⁷
–	2025-Q4	life/health new business margin	5.8%	⁴⁷
–	2025-Q4	Equity ratio	62,7	²⁶
–	2025-Q4	Discount rate short duration	3.7	⁴⁸
–	2025-Q4	Discount rate long duration	4.3	⁴⁸
–	2025-Q4	Discount rate United Kingdom	5.5	⁴⁸
–	2025-Q4	Discount rate Switzerland	1.3	⁴⁸
–	2025-Q4	Discount rate Germany	4.1	⁴⁸
–	2025-Q4	Core return on equity	18.1%	⁴⁷
–	2025-Q4	Contractual service margin (net)	35.4	⁴⁷
–	2025-Q4	Adjusted return on equity	18,1%	²⁶
–	2025-Q4	Asset Management cost-income ratio	60.0%	⁴⁷
2025-11-14	2025-Q3	Contractual service margin	55,5	²⁵
2025-11-14	2025-Q3	Solvency II capitalisation ratio	209%	²⁵
2025-11-14	2025-Q3	Loss ratio	68,3%	²⁵
2025-11-14	2025-Q3	Combined ratio	91,9%	²⁵
2025-11-14	2025-Q3	New business margin	5,9%	²⁵
2025-11-14	2025-Q3	Net inflows into third-party assets under management	51	²⁵
2025-11-14	2025-Q3	Expense ratio	23,6%	²⁵
2025-11-14	2025-Q3	Adjusted return on equity	18,5%	²⁵
2025-11-14	2025-Q3	Cost-income ratio	60,3%	²⁵
2025-11-13	2025-Q3	Total business volume 2024	179.8 billion euros	¹⁹
2025-11-13	2025-Q3	Third party assets under management	1.8 trillion euros	¹⁹
2025-11-13	2025-Q3	Operating profit 2024	16.0 billion euros	¹⁹
2025-11-13	2025-Q3	Assets under management insurance	749 billion euros	¹⁹
2025-08-07	2025-Q2	Contractual service margin	55,8	²³
2025-08-07	2025-Q2	Solvency II capitalisation ratio	209%	²³
2025-08-07	2025-Q2	Loss ratio	67,4%	²³
2025-08-07	2025-Q2	Combined ratio	91,2%	²³
2025-08-07	2025-Q2	Value of new business	1.122	²³
2025-08-07	2025-Q2	New business margin	5,7%	²³
2025-08-07	2025-Q2	Net new money	14	²³
2025-08-07	2025-Q2	Expense ratio	23,9%	²³
2025-08-07	2025-Q2	Third-party assets under management	1.842	²³
2025-08-07	2025-Q2	Equity	57,2	²³
2025-08-07	2025-Q2	Cost-income ratio	61,3%	²³
2025-08-07	2025-Q2	Annualised adjusted return on equity	18,5%	²³
2025-08-05	2025-H1	Weighted-average number of shares outstanding - diluted	385,164,387	¹⁸
2025-08-05	2025-H1	Weighted-average number of shares outstanding - basic	385,022,257	¹⁸
2025-08-05	2025-H1	Total equity	60,512 (EUR in millions)	¹⁸
2025-08-05	2025-H1	Total business volume	98,473	¹⁸
2025-08-05	2025-H1	Total assets under management	2,360 (EUR € bn)	¹⁸
2025-08-05	2025-H1	Total assets	992,884 (EUR in millions)	¹⁸
2025-08-05	2025-H1	Third party assets under management	1,842 (EUR € bn)	¹⁸
2025-08-05	2025-H1	Solvency II capitalization ratio	209	¹⁸
2025-08-05	2025-H1	Shareholders core net income	5,527	¹⁸
2025-08-05	2025-H1	Reinsurance contract assets	26,059 (EUR in millions)	¹⁸
2025-08-05	2025-H1	Investment contract liabilities	46,328 (EUR in millions)	¹⁸
2025-08-05	2025-H1	Insurance contract liabilities	780,496	¹⁸
2025-08-05	2025-H1	Dividend per qualifying share	15.40	¹⁸
2025-08-05	2025-H1	Core return on equity	18.5 (EUR %-p)	¹⁸
2025-08-05	2025-H1	Core earnings per share	13.99	¹⁸
2025-08-05	2025-H1	Core diluted earnings per share	13.98	¹⁸
2025-08-05	2025-H1	Core diluted earnings per share	13.98	¹⁸
2025-08-05	2025-H1	Core basic earnings per share	13.99	¹⁸
2025-08-05	2025-H1	Contractual service margin	55,775	¹⁸
–	2025-H1	Solvency II capitalization ratio (regulatory)	203%	⁵⁰
–	2025-H1	Solvency II capitalization ratio (economic)	209%	⁵⁰
–	2025-H1	Normalized CSM growth	2.83	⁵⁰
–	2025-H1	Loss ratio	67.5	⁵⁰
–	2025-H1	Expense ratio	24.0	⁵⁰
–	2025-H1	Cost-income ratio	61.3	⁵⁰
–	2025-H1	Core return on equity (Life/Health)	17.6 (EUR %)	⁵⁰
–	2025-H1	Core return on equity (Allianz Group)	18.5 (EUR %)	⁵⁰
–	2025-H1	Combined ratio	91.5	⁵⁰
2025-05-15	2025-Q1	Contractual service margin	57,0 Milliarden Euro	²¹
2025-05-15	2025-Q1	Solvency II capitalisation ratio	208 Prozent	²¹
2025-05-15	2025-Q1	Loss ratio	67,7 Prozent	²¹
2025-05-15	2025-Q1	Combined ratio	91,8 Prozent	²¹
2025-05-15	2025-Q1	Value of new business	1.440 Millionen Euro	²¹
2025-05-15	2025-Q1	New business margin	5,5 Prozent	²¹
2025-05-15	2025-Q1	Expense ratio	24,1 Prozent	²¹
2025-05-15	2025-Q1	Third-party assets under management	1.914 Billionen Euro	²¹
2025-05-15	2025-Q1	Equity	62,4 Milliarden Euro	²¹
2025-05-15	2025-Q1	Cost-income ratio	61,3 Prozent	²¹
2025-05-15	2025-Q1	Annualised adjusted return on equity	16,6 Prozent	²¹
2026-07-23	FY2024	Western Europe share of global growth, 20 years	14.1%	³⁸
2026-07-23	FY2024	Western Europe share of financial assets 2024	11.1%	³⁸
2026-07-23	FY2024	Western Europe securities share of new savings	26%	³⁸
2026-07-23	FY2024	Western Europe securities share	34.9%	³⁸
2026-07-23	FY2024	Western Europe real estate growth 2024	+1.2%	³⁸
2026-07-23	FY2024	Western Europe growth share 2024	+4.6%	³⁸
2026-07-23	FY2024	Western Europe debt ratio change	-2.5 pps	³⁸
2026-07-23	FY2024	Western Europe debt growth 2024	+1.5%	³⁸
2026-07-23	FY2024	Western Europe asset growth, 10 years	+3.8%	³⁸
2026-07-23	FY2024	US value increases contribution	67%	³⁸
2026-07-23	FY2024	US top 10% wealth share	67.2%	³⁸
2026-07-23	FY2024	US stock market growth 2024	+23.3%	³⁸
2026-07-23	FY2024	US share of global growth 2024	53.6%	³⁸
2026-07-23	FY2024	US fresh savings pct	2.0%	³⁸
2026-07-23	FY2024	Top 10% wealth share national average	60.4%	³⁸
2026-07-23	FY2024	Top 10% wealth share global	85.1%	³⁸
2026-07-23	FY2024	Share purchases 2024	EUR818 bn	³⁸
2026-07-23	FY2024	Securities share of portfolios 2024	45.1%	³⁸
2026-07-23	FY2024	Securities growth 2024	+12.0%	³⁸
2026-07-23	FY2024	Savings 2024 total	EUR4.2 trn	³⁸
2026-07-23	FY2024	Real estate value countries analyzed	EUR158 trn	³⁸
2026-07-23	FY2024	Real estate per capita US	EUR195,200	³⁸
2026-07-23	FY2024	Real estate per capita Switzerland	EUR330,800	³⁸
2026-07-23	FY2024	Real estate per capita Australia	EUR273,440	³⁸
2026-07-23	FY2024	Real estate growth 2024	+3.6%	³⁸
2026-07-23	FY2024	Real estate growth 2023	+1.7%	³⁸
2026-07-23	FY2024	Ratio advanced to emerging markets	18	³⁸
2026-07-23	FY2024	Private debt growth 2024	+3.1%	³⁸
2026-07-23	FY2024	North America share of financial assets 2024	51.7%	³⁸
2026-07-23	FY2024	North America securities share of new savings	67%	³⁸
2026-07-23	FY2024	North America securities share	59.2%	³⁸
2026-07-23	FY2024	North America savings share 2024	EUR2.3 trn	³⁸
2026-07-23	FY2024	North America real estate growth 2024	+5.1%	³⁸
2026-07-23	FY2024	North America financial assets growth 2024	+9.4%	³⁸
2026-07-23	FY2024	North America debt ratio change	-15.9 pps	³⁸
2026-07-23	FY2024	North America debt growth 2024	+2.0%	³⁸
2026-07-23	FY2024	North America asset growth 10 years	+6.2%	³⁸
2026-07-23	FY2024	Netherlands top 10 pct wealth share	46.2%	³⁸
2026-07-23	FY2024	Net financial assets per capita global	EUR37,050	³⁸
2026-07-23	FY2024	Net financial assets growth 2024	+10.3%	³⁸
2026-07-23	FY2024	Median to average ratio national	3.08	³⁸
2026-07-23	FY2024	Median to average ratio global	15	³⁸
2026-07-23	FY2024	Median net financial assets global	EUR2,510	³⁸
2026-07-23	FY2024	Japan share financial assets 2024	3.8%	³⁸
2026-07-23	FY2024	Japan real estate growth 2024	+2.8%	³⁸
2026-07-23	FY2024	Japan growth share 2024	+4.0%	³⁸
2026-07-23	FY2024	Japan debt ratio change	-6.1 pps	³⁸
2026-07-23	FY2024	Japan debt growth 2024	+2.9%	³⁸
2026-07-23	FY2024	Investment funds inflows 2024	EUR1.1 trn	³⁸
2026-07-23	FY2024	Global wealth middle class members	890 mn	³⁸
2026-07-23	FY2024	Global low wealth class members	4.3 bn	³⁸
2026-07-23	FY2024	Global High Wealth Class Members	550 mn	³⁸
2026-07-23	FY2024	Global Financial Assets per Capita	EUR37,050	³⁸
2026-07-23	FY2024	Global Financial Assets Growth 2024	+8.7%	³⁸
2026-07-23	FY2024	Global Financial Assets Growth 2023	+8.0%	³⁸
2026-07-23	FY2024	Global Debt Ratio	62.6%	³⁸
2026-07-23	FY2024	Germany Value Increases Contribution	32%	³⁸
2026-07-23	FY2024	Germany Top 10% Wealth Share	60.4%	³⁸
2026-07-23	FY2024	Germany Fresh Savings %	3.7%	³⁸
2026-07-23	FY2024	Germany Asset Growth 10 Years	+5.9%	³⁸
2026-07-23	FY2024	France Top 10% Wealth Share	54.7%	³⁸
2026-07-23	FY2024	Eurozone Bank Deposits	EUR10.8 trn	³⁸
2026-07-23	FY2024	Eastern Europe Real Estate Growth 2024	+10.6%	³⁸
2026-07-23	FY2024	DAX Growth 2024	+18.8%	³⁸
2026-07-23	FY2024	China Top 10% Wealth Share	67.9%	³⁸
2026-07-23	FY2024	China Top 10% Wealth Increase	+17.3 pps	³⁸
2026-07-23	FY2024	China Share Global Growth 20 Years	19.8%	³⁸
2026-07-23	FY2024	China Share Financial Assets 2024	14.6%	³⁸
2026-07-23	FY2024	China Private Debt Growth 2024	+3.4%	³⁸
2026-07-23	FY2024	China Private Debt Growth 20-Year Avg	+20%	³⁸
2026-07-23	FY2024	China Debt Ratio Change	+43.4 pps	³⁸
2026-07-23	FY2024	china debt ratio 2024	61.4%	³⁸
2026-07-23	FY2024	bank deposits share portfolios 2024	26.7%	³⁸
2026-07-23	FY2024	bank deposits growth 2024	+5.7%	³⁸
2026-07-23	FY2024	australia nz real estate growth 2024	+5.7%	³⁸
2025-03-03	FY2024	ultimate loss total	429,564	¹⁵
2025-03-03	FY2024	total return during year	28.7 %	¹⁵
2025-03-03	FY2024	total investments	752,815 (EUR in millions)	¹⁵
2025-03-03	FY2024	third party net inflows	84.8 bn	¹⁵
2025-03-03	FY2024	third party assets growth	12.1 %	¹⁵
2025-03-03	FY2024	shareholders equity prior year	41,437	¹⁶
2025-03-03	FY2024	shareholders equity	43,167	¹⁶
2025-03-03	FY2024	shareholders core net income growth	10.1 %	¹⁵
2025-03-03	FY2024	share price year end	295.90	¹⁵
2025-03-03	FY2024	return on equity	16.9 %	¹⁵
2025-03-03	FY2024	pvnbp growth	21.6 %	¹⁵
2025-03-03	FY2024	pc operating profit growth	14.3 %	¹⁵
2025-03-03	FY2024	pc business volume growth	8.3 %	¹⁵
2025-03-03	FY2024	new business margin	5.7 %	¹⁵
2025-03-03	FY2024	net retention ratio prior year	90.4%	¹⁶
2025-03-03	FY2024	net retention ratio	93.9%	¹⁶
2025-03-03	FY2024	net promoter score	72 %	¹⁵
2025-03-03	FY2024	net liability for incurred claims	72,224	¹⁵
2025-03-03	FY2024	loss reserves total	80,270	¹⁵
2025-03-03	FY2024	fair value underlying items	531,082 (EUR in millions)	¹⁵
2025-03-03	FY2024	expense ratio net property casualty reinsurance prior year	29.3%	¹⁶
2025-03-03	FY2024	expense ratio net property casualty reinsurance	28.8%	¹⁶
2025-03-03	FY2024	core EPS growth	12.4 %	¹⁵
2025-03-03	FY2024	combined ratio property casualty reinsurance prior year	101.9%	¹⁶
2025-03-03	FY2024	combined ratio property casualty reinsurance	101.2%	¹⁶
2025-03-03	FY2024	calendar year claims ratio net property casualty reinsurance prior year	72.5%	¹⁶
2025-03-03	FY2024	calendar year claims ratio net property casualty reinsurance	72.4%	¹⁶
2025-03-03	FY2024	brand value	23.5 billion	¹⁵
2025-03-03	FY2024	accident year claims ratio net property casualty reinsurance prior year	76.9%	¹⁶
2025-03-03	FY2024	accident year claims ratio net property casualty reinsurance	74.2%	¹⁶
2025-03-03	FY2024	WWI plus score 2024	79	¹⁵
2025-03-03	FY2024	WWI plus score 2023	76	¹⁵
2025-03-03	FY2024	unrealized gains losses insurance contracts net	31,377	¹⁵
2025-03-03	FY2024	underwriting risk pre diversified	4,729	¹⁶
2025-03-03	FY2024	Undated subordinated bonds	4,915	¹⁵
2025-03-03	FY2024	total taxonomy underwriting	85,826.3	¹⁵
2025-03-03	FY2024	total revenues	€ 179.8 bn	¹⁵
2025-03-03	FY2024	Total external leavers 2024	21,119	¹⁵
2025-03-03	FY2024	Total equity	64,076 (EUR € mn)	¹⁵
2025-03-03	FY2024	Total business volume	179,778	¹⁵
2025-03-03	FY2024	Total active corporate engagements	1,387	¹⁵
2025-03-03	FY2024	Taxonomy stemming from reinsurance activities proportion	0.1	¹⁵
2025-03-03	FY2024	Taxonomy stemming from reinsurance activities	59.7	¹⁵
2025-03-03	FY2024	Taxonomy reinsured retrocession	3.3	¹⁵
2025-03-03	FY2024	Taxonomy reinsured premiums proportion	0.2	¹⁵
2025-03-03	FY2024	Taxonomy reinsured premiums	144.4	¹⁵
2025-03-03	FY2024	Taxonomy non-eligible proportion 2024	22.3	¹⁵
2025-03-03	FY2024	Taxonomy non-eligible proportion 2023	22.8	¹⁵
2025-03-03	FY2024	Taxonomy non-eligible activities	19,139.9	¹⁵
2025-03-03	FY2024	Taxonomy eligible but not aligned proportion 2024	76.6	¹⁵
2025-03-03	FY2024	Taxonomy eligible but not aligned proportion 2023	76.3	¹⁵
2025-03-03	FY2024	Taxonomy eligible but not aligned premiums	65,719.0	¹⁵
2025-03-03	FY2024	Taxonomy aligned premiums proportion 2024	1.1	¹⁵
2025-03-03	FY2024	Taxonomy aligned premiums proportion 2023	0.9	¹⁵
2025-03-03	FY2024	Taxonomy aligned premiums absolute	967.5	¹⁵
2025-03-03	FY2024	Tax Adjustment	(266)	¹⁶
2025-03-03	FY2024	Supervisory Board percentile - Regular members target compensation (DAX peers)	87th percentile	¹⁶
2025-03-03	FY2024	Supervisory Board percentile - Regular members maximum compensation	75th percentile	¹⁶
2025-03-03	FY2024	Supervisory Board percentile - Chairperson target compensation (DAX peers)	86th percentile	¹⁶
2025-03-03	FY2024	Supervisory Board percentile - Chairperson maximum compensation	86th percentile	¹⁶
2025-03-03	FY2024	Supervisory Board compensation (Stephanie Bruce since 05/2024)	137.3	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Sophie Boissard)	253.9	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Rashmy Chatterjee)	206.0	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Prof. Dr. Nadine Brandl since 08/2024)	72.9	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Primiano Di Paolo)	181.0	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Michael Diekmann)	758.0	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Martina Grundler until 02/2024)	38.5	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Katharina Wesenick from 03/2024 until 06/2024)	58.3	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Jürgen Lawrenz)	206.0	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Jean-Claude Le Goaër)	259.0	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Herbert Hainer until 05/2024)	116.6	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Gabriele Burkhardt-Berg)	306.0	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Frank Kirsch)	250.7	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Dr. Jörg Schneider from 05/2024)	248.7	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Dr. Friedrich Eichiner)	373.6	¹⁵
2025-03-03	FY2024	Supervisory Board compensation (Christine Bosse until 05/2024)	101.0	¹⁵
2025-03-03	FY2024	Subordinated liabilities	18.7 bn	¹⁶
2025-03-03	FY2024	Solvency II capitalization ratio	209	¹⁵
2025-03-03	FY2024	Solvency II capitalization ratio	209 %	¹⁵
2025-03-03	FY2024	Solvency II Own Funds	90.7	¹⁶
2025-03-03	FY2024	Solvency II Capitalization Ratio	277	¹⁶
2025-03-03	FY2024	Solvency II Capital Requirement	32.8 (EUR € bn)	¹⁶
2025-03-03	FY2024	Shares in affiliated enterprises	75.8	¹⁶
2025-03-03	FY2024	Shareholders' equity	60,287	¹⁵
2025-03-03	FY2024	Shareholders equity	60,287	¹⁵
2025-03-03	FY2024	Shareholders core net income	10,017	¹⁵
2025-03-03	FY2024	Share buy-backs	€ 1.5 bn	¹⁵
2025-03-03	FY2024	Run-off result in Property-Casualty reinsurance	273 mn	¹⁶
2025-03-03	FY2024	Retained earnings	33,316	¹⁵
2025-03-03	FY2024	Reserve Risk	1,915	¹⁶
2025-03-03	FY2024	Premium Non Catastrophe Terror Risk	2,215	¹⁶
2025-03-03	FY2024	Premium Natural Catastrophe Risk	514	¹⁶
2025-03-03	FY2024	Other unrealized gains losses net	(36,610)	¹⁵
2025-03-03	FY2024	Operational Risk Pre Diversified	697	¹⁶
2025-03-03	FY2024	Non controlling interests	3,789	¹⁵
2025-03-03	FY2024	Money market securities	1,420	¹⁵
2025-03-03	FY2024	Market Risk Pre Diversified	31,594	¹⁶
2025-03-03	FY2024	Lead or support multilateral engagements with climate focus 2024	15	¹⁵
2025-03-03	FY2024	Lead or support multilateral engagements 2024	15	¹⁵
2025-03-03	FY2024	Issued capital	1,170 (EUR € mn)	¹⁵
2025-03-03	FY2024	Investments in affiliated enterprises and participations	78.1 (EUR € bn)	¹⁶
2025-03-03	FY2024	IMIX score 2024	83	¹⁵
2025-03-03	FY2024	IMIX score 2023	81	¹⁵
2025-03-03	FY2024	Group financial targets achievement combined	117.71%	¹⁶
2025-03-03	FY2024	Funds held by others under reinsurance business assumed	16.8	¹⁶
2025-03-03	FY2024	Expense ratio (net) in Property-Casualty reinsurance	28.8%	¹⁶
2025-03-03	FY2024	Engage with all external asset managers below expectations 2024	95.2 (EUR %)	¹⁵
2025-03-03	FY2024	Engage top 100 non engaged portfolio emitters 2024	5	¹⁵
2025-03-03	FY2024	Dividend per share	€ 15.40	¹⁵
2025-03-03	FY2024	Diversification Effect	(4,624)	¹⁶
2025-03-03	FY2024	Distribution agreements	1,129	¹⁵
2025-03-03	FY2024	Customer relationships	634	¹⁵
2025-03-03	FY2024	Credit Risk Pre Diversified	445	¹⁶
2025-03-03	FY2024	Core return on equity	16.9 %	¹⁵
2025-03-03	FY2024	Commission ratio	28.1%	¹⁶
2025-03-03	FY2024	Business Risk Pre Diversified	212	¹⁶
2025-03-03	FY2024	Board of Management remuneration increase 2025	5 %	¹⁶
2025-03-03	FY2024	Biometric Risk	85	¹⁶
2025-03-03	FY2024	Average compensation based on full-time equivalent	98	¹⁵
2025-03-03	FY2024	Additional paid-in capital	27,732 (EUR € mn)	¹⁵
2025-03-03	FY2024	Active corporate engagements Social Topics	791	¹⁵
2025-03-03	FY2024	Active corporate engagements Other	37	¹⁵
2025-03-03	FY2024	Active corporate engagements Internal asset managers	1,354	¹⁵
2025-03-03	FY2024	Active corporate engagements Governance Topics	2,355	¹⁵
2025-03-03	FY2024	Active corporate engagements Environmental Topics	1,186	¹⁵
2025-03-03	FY2024	Active corporate engagements Climate Change focus	436	¹⁵
2025-03-03	FY2024	Active corporate engagements Allianz Investment Management	33	¹⁵
2025-03-03	FY2024	Active asset manager engagements Climate Change focus	72 (EUR millions)	¹⁵
2025-03-03	FY2024	Active asset manager engagements	77 (EUR millions)	¹⁵
2024-12-12	FY2024	Surplus of assets over liabilities in market value balance sheet	79 416 912	⁵⁶
2024-12-12	FY2024	eligible own funds	90 734 784 Tsd €	⁵⁶
2024-12-12	FY2024	Ratio of eligible own funds to SCR	277%	⁵⁶
2024-12-12	FY2024	Ratio of eligible own funds to MCR	971%	⁵⁶
2024-12-12	FY2024	Solvency capital requirement	32 787 122 Tsd €	⁵⁶
2024-12-12	FY2024	Solvency II capital ratio	277 %	⁵⁶
2024-12-12	FY2024	Solvency II ratio	277 %	⁵⁶
2024-12-12	FY2024	Risk capital operational risks	697 006	⁵⁶
2024-12-12	FY2024	Risk capital reserve risk reserve strengthening need	666 586	⁵⁶
2024-12-12	FY2024	Risk capital premium risk non-catastrophe and terror	507 854	⁵⁶
2024-12-12	FY2024	Risk capital premium risk natural catastrophe	137 377	⁵⁶
2024-12-12	FY2024	Risk capital market risk combined market event	3 979 328	⁵⁶
2024-12-12	FY2024	Risk capital market risk interest rate decline 50 basis points	132 807	⁵⁶
2024-12-12	FY2024	Risk capital market risk currency depreciation 10 percent	67 477	⁵⁶
2024-12-12	FY2024	Risk capital market risk real estate value decline 10 percent	367 645	⁵⁶
2024-12-12	FY2024	Risk capital market risk financial crisis 2008 scenario	4 628 535	⁵⁶
2024-12-12	FY2024	Risk capital market risk credit spread increase 50 basis points	739 234	⁵⁶
2024-12-12	FY2024	Risk capital market risk Covid scenario	1 995 016	⁵⁶
2024-12-12	FY2024	Risk capital market risk equity price decline 30 percent	3 520 119	⁵⁶
2024-12-12	FY2024	Risk capital longevity risk	195 705	⁵⁶
2024-12-12	FY2024	Risk capital credit risk total	445 040	⁵⁶
2024-12-12	FY2024	Business risk capital	309 164	⁵⁶
2024-12-12	FY2024	Minimum capital requirement	8 196 781 Tsd €	⁵⁶
2024-12-12	FY2024	Credit risk rating downgrade by one notch	25,5%	⁵⁶
2024-12-12	FY2024	Credit risk increase in loss given default LGD 10 percent	10,4%	⁵⁶
2024-12-12	FY2024	Expected profit future premiums	2 517 735	⁵⁶
2024-12-12	FY2024	Non-life insurance in-force risk margin	811 557	⁵⁶
2024-12-12	FY2024	Non-life insurance in-force BEL	16 620 131	⁵⁶
2024-12-12	FY2024	Life insurance in-force risk margin	200 569	⁵⁶
2024-12-12	FY2024	Life insurance in-force BEL	292 087	⁵⁶
2024-12-12	FY2024	Basic own funds	90 734 784	⁵⁶
2024-05-23	FY2024	us global insurance market share	44.2%	⁵⁷
2024-05-23	FY2024	real premium growth since 2020	+0.7%	⁵⁷
2024-05-23	FY2024	protection gap 2020	USD2.8trn	⁵⁷
2024-05-23	FY2024	p&c segment growth 2023	+7.1%	⁵⁷
2024-05-23	FY2024	life segment growth 2023	+8.4%	⁵⁷
2024-05-23	FY2024	insured costs natural disasters 2023	USD100bn+	⁵⁷
2024-05-23	FY2024	insurance inflation september 2023	+3.7%	⁵⁷
2024-05-23	FY2024	health segment growth 2023	+6.6%	⁵⁷
2024-05-23	FY2024	global insurance growth 2023	+7.5%	⁵⁷
2024-05-23	FY2024	global economic growth 2023	+2.8%	⁵⁷
2024-05-23	FY2024	expected global economic growth 2024 25	+2.7%	⁵⁷
2024-05-23	FY2024	China life market growth	+12.8%	⁵⁷
2024-05-23	FY2024	Asia life premium growth	+14.9%	⁵⁷
2024-05-23	FY2024	AI revenue impact insurance	+3%	⁵⁷
–	FY2024	Weighted duration defined benefit obligation	14.3	⁵⁵
–	FY2024	Total customers	128	⁵⁵
–	FY2024	Tax impact	(3,059,019)	⁵⁵
–	FY2024	Supervisory board remuneration regular member	150 thou	⁵⁵
–	FY2024	Supervisory board remuneration deputy chairperson	225 thou	⁵⁵
–	FY2024	Supervisory board remuneration chairperson	450 thou	⁵⁵
–	FY2024	Supervisory board remuneration approval pct	95.07 %	⁵⁵
–	FY2024	Supervisory board attendance fee	1,000	⁵⁵
–	FY2024	Solvency capitalization ratio	209	⁵⁵
–	FY2024	Solvency capital requirement	44,703,373 (EUR thousands)	⁵⁵
–	FY2024	Share buyback impact	(1,500,000)	⁵⁵
–	FY2024	SCR 2024	44,703,373	⁵⁵
–	FY2024	SCR 2023	43,484,650	⁵⁵
–	FY2024	Remuneration cap regular board member	6,000 thou	⁵⁵
–	FY2024	Remuneration cap chairperson	11,750 thou	⁵⁵
–	FY2024	Rate of medical cost trend	5.6	⁵⁵
–	FY2024	Rate of compensation increase	1.9	⁵⁵
–	FY2024	Plan assets total	14,590,512 (EUR € thou)	⁵⁵
–	FY2024	Plan assets: real estate (%)	5.2	⁵⁵
–	FY2024	Plan assets: real estate	763,352 (EUR € thou)	⁵⁵
–	FY2024	Plan assets: other (%)	1.7	⁵⁵
–	FY2024	Plan assets: other	246,802 (EUR € thou)	⁵⁵
–	FY2024	Plan assets: life insurance investment products (%)	10.4	⁵⁵
–	FY2024	Plan assets: life insurance investment products	1,518,085 (EUR € thou)	⁵⁵
–	FY2024	Plan assets: equity securities, quoted (%)	11.1	⁵⁵
–	FY2024	Plan assets: equity securities, quoted	1,620,348 (EUR € thou)	⁵⁵
–	FY2024	Plan assets: equity securities, non-quoted (%)	0.4	⁵⁵
–	FY2024	Plan assets: equity securities, non-quoted	61,783 (EUR € thou)	⁵⁵
–	FY2024	Plan assets: debt securities, quoted (%)	23.2	⁵⁵
–	FY2024	Plan assets: debt securities, quoted	3,390,238 (EUR € thou)	⁵⁵
–	FY2024	Plan assets: debt securities, non-quoted (%)	8.9	⁵⁵
–	FY2024	Plan assets: debt securities, non-quoted	1,299,991 (EUR € thou)	⁵⁵
–	FY2024	Plan assets: annuity contracts (%)	39.0	⁵⁵
–	FY2024	Plan assets: annuity contracts	5,689,913 (EUR € thou)	⁵⁵
–	FY2024	Own funds movement - regulatory changes	(751,448)	⁵⁵
–	FY2024	Own funds	93,212,185	⁵⁵
–	FY2024	New business contribution	2,225,352	⁵⁵
–	FY2024	Management actions impact	(481,179)	⁵⁵
–	FY2024	interest received associates/JV prior year	145 mn	⁵⁵
–	FY2024	interest received associates/JV	150 mn	⁵⁵
–	FY2024	expected in-force contribution	3,700,725	⁵⁵
–	FY2024	estimated future cash flows 2030-2034	5,508,308 (EUR € thou)	⁵⁵
–	FY2024	estimated future cash flows 2029	1,134,509 (EUR € thou)	⁵⁵
–	FY2024	estimated future cash flows 2028	1,120,100 (EUR € thou)	⁵⁵
–	FY2024	estimated future cash flows 2027	1,093,999 (EUR € thou)	⁵⁵
–	FY2024	estimated future cash flows 2026	1,043,058 (EUR € thou)	⁵⁵
–	FY2024	estimated future cash flows 2025	1,012,681 (EUR € thou)	⁵⁵
–	FY2024	eligible own funds end 2024	93,212,185	⁵⁵
–	FY2024	eligible own funds beginning 2024	89,558,120	⁵⁵
–	FY2024	discount rate United Kingdom	5.5	⁵⁵
–	FY2024	discount rate Switzerland	1.0	⁵⁵
–	FY2024	discount rate Germany short duration	3.3	⁵⁵
–	FY2024	discount rate Germany long duration	3.4	⁵⁵
–	FY2024	defined contribution plans expenses	312,612 (EUR € thou)	⁵⁵
–	FY2024	defined benefit obligation increase one year life expectancy	547,070	⁵⁵
–	FY2024	defined benefit obligation increase +50bps discount rate	1,138,805	⁵⁵
–	FY2024	defined benefit obligation increase +25bps salary	39,930	⁵⁵
–	FY2024	defined benefit obligation decrease -50bps discount rate	1,018,258	⁵⁵
–	FY2024	Deferred tax liabilities MVBS	10,921,656	⁵⁵
–	FY2024	Dedicated assets group level	8.9 bn	⁵⁵
–	FY2024	Debt costs	(908,833)	⁵⁵
–	FY2024	CEO to employee remuneration ratio 2024	94	⁵⁵
–	FY2024	CEO to employee remuneration ratio 2023	68	⁵⁵
–	FY2024	Capital management impact	(7,005,503)	⁵⁵
–	FY2024	Board variable remuneration target achievement cap	150 %	⁵⁵
–	FY2024	Board variable remuneration annual bonus cap	150 %	⁵⁵
–	FY2024	Board member to employee remuneration ratio 2024	50	⁵⁵
–	FY2024	Board member to employee remuneration ratio 2023	36	⁵⁵
–	FY2024	Board management shareholding obligation regular member	700 %	⁵⁵
–	FY2024	Board management shareholding obligation chairperson	800 %	⁵⁵
–	FY2024	Board management base salary regular member	1,024 thou	⁵⁵
–	FY2024	Board management base salary chairperson	4,013 thou	⁵⁵
–	FY2024	BlackRock voting rights	6.90 %	⁵⁵
–	FY2024	BlackRock total position	6.98 %	⁵⁵
–	FY2024	BlackRock shares	26,640,268	⁵⁵
–	FY2024	BlackRock instruments 38(1) no. 2 votes	38,142	⁵⁵
–	FY2024	BlackRock instruments 38(1) no. 2	0.01 %	⁵⁵
–	FY2024	BlackRock instruments 38(1) no. 1 votes	284,461	⁵⁵
–	FY2024	BlackRock Instruments 38 1 No 1	0.07 %	⁵⁵
–	FY2024	Assumption changes experience variances	(771,993)	⁵⁵
–	FY2024	Asset-backed securities mortgage-backed securities	31,347,188 (EUR thousands)	⁵⁵
–	FY2024	Total reinsurance recoverables	19,131,043	⁵⁵
–	FY2024	Total FTEs allocated to group-related key function tasks	317.7	⁵⁵
–	FY2024	Tier 3 own funds %	1.9	⁵⁵
–	FY2024	Tier 2 own funds %	13.8	⁵⁵
–	FY2024	Tier 1 unrestricted own funds %	79.5	⁵⁵
–	FY2024	Tier 1 restricted own funds %	4.8	⁵⁵
–	FY2024	Solvency II capitalization ratio	209%	¹⁷
–	FY2024	Solvency II capitalization	209%	⁵⁵
–	FY2024	SII ratio (%)	211	⁵²
–	FY2024	Reinsurance recoverables non-life	13,427,130	⁵⁵
–	FY2024	Reinsurance recoverables life	5,084,084	⁵⁵
–	FY2024	Reinsurance recoverables health non-life	619,829	⁵⁵
–	FY2024	Reinsurance recoverables health life	144,598	⁵⁵
–	FY2024	Ratio of total eligible own funds to total group SCR	2.09	⁵⁵
–	FY2024	Ratio of eligible own funds to minimum consolidated group SCR	2.74	⁵⁵
–	FY2024	Number of key functions outsourcing agreements	66	⁵⁵
–	FY2024	Number of additional material intra-group outsourcing agreements	11	⁵⁵
–	FY2024	Number of FTEs allocated to Risk Management group-related key function tasks	112.2	⁵⁵
–	FY2024	FTEs in Legal key function tasks	24.9	⁵⁵
–	FY2024	FTEs in Internal Audit key function tasks	29.9	⁵⁵
–	FY2024	FTEs in Compliance key function tasks	43.0	⁵⁵
–	FY2024	FTEs in Actuarial key function tasks	25.5	⁵⁵
–	FY2024	FTEs in Accounting and Reporting key function tasks	82.2	⁵⁵
–	FY2024	CIFS outsourcing agreements	812	⁵⁵
–	FY2024	Normalized CSM growth (%)	6.1	¹⁷
–	FY2024	NatCat (%)	2.8	⁵²
–	FY2024	NBM (%)	5.8	⁵²
–	FY2024	Loss ratio (%)	69.3	¹⁷
–	FY2024	Internal growth (%)	7.3	⁵²
–	FY2024	Financial conglomerate capitalization ratio	209%	⁵⁵
–	FY2024	Expense ratio (%)	24.2	¹⁷
–	FY2024	ER (%)	24.2	⁵²
–	FY2024	DPS (EUR)	15.21	⁵²
–	FY2024	Cost-income ratio (%)	61.1	¹⁷
–	FY2024	Core return on equity Life/Health (%)	16.3 (EUR millions)	¹⁷
–	FY2024	Core return on equity (%)	16.9 (EUR millions)	¹⁷
–	FY2024	Core EPS (EUR)	25.37	⁵²
–	FY2024	Combined ratio (%)	93.4	¹⁷
–	FY2024	CoR (%)	93.7	⁵²
–	FY2024	CIR (%)	61.1	⁵²
2025-02-28	2024-Q4	Third party assets under management	1,920 (EUR EUR bn)	⁵³
2025-02-28	2024-Q4	Solvency II ratio	209	⁵³
2025-02-28	2024-Q4	Loss ratio property casualty	70.7	⁵³
2025-02-28	2024-Q4	expense ratio property casualty	24.1	⁵³
2025-02-28	2024-Q4	core return on equity	16.9 (EUR %)	⁵³
2025-02-28	2024-Q4	Combined ratio property casualty	94.7	⁵³
2025-02-28	2024-Q4	Assets under management	2,448 (EUR EUR bn)	⁵³
2025-02-28	2024-Q4	value of new business	4.7 billion euros	⁵¹
2025-02-28	2024-Q4	Third-party assets under management	1,920 (EUR € bn)	⁵¹
2025-02-28	2024-Q4	Solvency II capitalization ratio	209%	⁵¹
2025-02-28	2024-Q4	new business margin (Life/Health)	5.7%	⁵¹
2025-02-28	2024-Q4	new business margin (Life/Health 4Q)	5.5%	⁵¹
2025-02-28	2024-Q4	Cost-income ratio (Asset Management)	61.1%	⁵¹
2025-02-28	2024-Q4	cost-income ratio (Asset Management 4Q)	60.0%	⁵¹
2025-02-28	2024-Q4	Core return on equity	16.9%	⁵¹
2025-02-28	2024-Q4	combined ratio (Property-Casualty)	93.4%	⁵¹
2025-02-28	2024-Q4	combined ratio (Property-Casualty 4Q)	94.7%	⁵¹
–	2024-Q4	Third-party assets under management	1,920 € bn	⁵⁴
–	2024-Q4	Solvency II capitalization ratio	209%	⁵⁴
–	2024-Q4	Shareholders' equity	60.3 € bn	⁵⁴
–	2024-Q4	new business margin (Life/Health)	5.7%	⁵⁴
–	2024-Q4	Cost-income ratio (Asset Management)	61.1%	⁵⁴
–	2024-Q4	Core return on equity	16.9%	⁵⁴
–	2024-Q4	Contractual service margin (net)	34.5 € bn	⁵⁴
–	2024-Q4	combined ratio (Property-Casualty)	93.4%	⁵⁴
2024-11-13	2024-Q3	assets under management for third parties	1,840 Billionen Euro	¹⁴
2024-11-13	2024-Q3	adjusted return on equity	17,5%	¹⁴
2024-11-13	2024-Q3	Contractual service margin (CSM)	54,2 Milliarden Euro	¹⁴
2024-11-13	2024-Q3	Solvency II capitalisation ratio	209%	¹⁴
2024-11-13	2024-Q3	loss ratio P&C	93,5%	¹⁴
2024-11-13	2024-Q3	PVNBP Life/Health	19,5 Milliarden Euro	¹⁴
2024-11-13	2024-Q3	New business margin Life/Health	6,1%	¹⁴
2024-11-13	2024-Q3	Cost-income ratio Asset Management	61,0%	¹⁴
2024-08-08	2024-Q2	Contractual service margin (net)	33,7	¹²
2024-08-08	2024-Q2	Solvency II capitalisation ratio	206%	¹²
2024-08-08	2024-Q2	Combined ratio	92,7%	¹²
2024-08-08	2024-Q2	New business margin Life/Health	5,7%	¹²
2024-08-08	2024-Q2	net flows Asset Management (6M)	48,4 (EUR Mrd €)	¹²
2024-08-08	2024-Q2	Third-party assets under management	1.803	¹²
2024-08-08	2024-Q2	Equity	55,5	¹²
2024-08-08	2024-Q2	Adjusted return on equity	17,5%	¹²
2024-08-08	2024-Q2	Cost-income ratio Asset Management	61,8%	¹²
2024-08-07	2024-H1	total business volume	91,045	¹⁰
2024-08-07	2024-H1	shares diluted	390,631,470	¹⁰
2024-08-07	2024-H1	shareholders core net income	5,049	¹⁰
2024-08-07	2024-H1	Third-party assets under management	1,803 (EUR € bn)	¹⁰
2024-08-07	2024-H1	Solvency II capitalization ratio	206	¹⁰
2024-08-07	2024-H1	Loss ratio	68.3	¹⁰
2024-08-07	2024-H1	Expense ratio	24.4	¹⁰
2024-08-07	2024-H1	cost-income ratio - Asset Management	61.8	¹⁰
2024-08-07	2024-H1	core return on equity - Life/Health	16.9 (EUR %)	¹⁰
2024-08-07	2024-H1	Core return on equity	17.5 (EUR %)	¹⁰
2024-08-07	2024-H1	Combined ratio	92.7	¹⁰
2024-05-15	2024-Q1	Contractual service margin (net)	33,2 Mrd €	¹¹
2024-05-15	2024-Q1	Solvency II capital ratio	203%	¹¹
2024-05-15	2024-Q1	Combined ratio	91,9%	¹¹
2024-05-15	2024-Q1	New business margin	5,7%	¹¹
2024-05-15	2024-Q1	Third-party assets under management	1.784 Billionen €	¹¹
2024-05-15	2024-Q1	Adjusted return on equity (annualized)	17,4%	¹¹
2024-05-15	2024-Q1	Cost-to-income ratio (Asset Management)	61,1%	¹¹
2026-07-23	FY2023	Western European share global high wealth class 2023	20.8%	³⁷
2026-07-23	FY2023	Western European share global high wealth class 2003	36.9%	³⁷
2026-07-23	FY2023	Top 10 percent wealth share national average 2023	61.1%	³⁷
2026-07-23	FY2023	Top 10 percent wealth share national average 2003	60.6%	³⁷
2026-07-23	FY2023	Sea level rise exposed property price discount	-7%	³⁷
2026-07-23	FY2023	North American share global high wealth class	30.8%	³⁷
2026-07-23	FY2023	Mean to median ratio national average 2023	3.1	³⁷
2026-07-23	FY2023	Mean to median ratio national average 2003	3.2	³⁷
2026-07-23	FY2023	Hurricane exposed transaction probability decline	-7%	³⁷
2026-07-23	FY2023	Hurricane exposed home price increase years following	+5%	³⁷
2026-07-23	FY2023	Hurricane exposed home price increase peak year 2	+10%	³⁷
2026-07-23	FY2023	Global low wealth class growth	+8%	³⁷
2026-07-23	FY2023	Global high wealth class emerging economies share	34%	³⁷
2026-07-23	FY2023	Flood zone housing price penalty damaged immediate	-17-22%	³⁷
2026-07-23	FY2023	Flood zone housing price penalty by 2017 non damaged	-8%	³⁷
2026-07-23	FY2023	Elevation effect pre Katrina	+1.4%	³⁷
2026-07-23	FY2023	Elevation effect post Katrina	+4.6%	³⁷
2026-07-23	FY2023	Chinese share global middle wealth class	33%	³⁷
2026-07-23	FY2023	Chinese share global high wealth class	23.4%	³⁷
2026-07-23	FY2023	Chinese population in global middle wealth class	20%	³⁷
2026-07-23	FY2023	Asian ex Japan China share global middle wealth class	25%	³⁷
2026-07-23	FY2023	Asian ex Japan China population in global middle wealth class	9%	³⁷
2024-02-26	FY2023	training hours target	43	⁷
2024-02-26	FY2023	total remuneration of Supervisory Board members 2023	€ 3.5 mn	⁷
2024-02-26	FY2023	total remuneration of Board of Management 2023 excluding pension service cost	€ 36 mn	⁷
2024-02-26	FY2023	total liabilities	919,594	⁷
2024-02-26	FY2023	total external leavers	21,181	⁷
2024-02-26	FY2023	total assets	983,174 (EUR € mn)	⁷
2024-02-26	FY2023	third party net inflows	21.5 bn	⁷
2024-02-26	FY2023	Third party assets under management	1.7 tn	⁷
2024-02-26	FY2023	shares outstanding	391,718,983	⁸
2024-02-26	FY2023	shareholders equity	58,477	⁷
2024-02-26	FY2023	shareholders core net income	9,101	⁷
2024-02-26	FY2023	shareholder total return	27%	⁷
2024-02-26	FY2023	share capital	€ 1,169,920,000	⁸
2024-02-26	FY2023	remunerations and other benefits to former Board members 2023	€ 12 mn	⁷
2024-02-26	FY2023	own shares held	260,394	⁸
2024-02-26	FY2023	operating profit target 2023	14.20 billion	⁷
2024-02-26	FY2023	operating profit actual 2023	14.75 billion	⁷
2024-02-26	FY2023	operating profit achievement 2023	107.69%	⁷
2024-02-26	FY2023	operating fee and commission result	7,639	⁷
2024-02-26	FY2023	new business	4.0 bn	⁷
2024-02-26	FY2023	net income attributable to shareholders target 2023	7.9 – 8.9 billion	⁷
2024-02-26	FY2023	net income attributable to shareholders actual 2023	8.54 billion	⁷
2024-02-26	FY2023	net income achievement 2023	100.00%	⁷
2024-02-26	FY2023	mutual mentoring arrangements	700 (EUR millions)	⁷
2024-02-26	FY2023	interest rate on money market securities	4.4	⁷
2024-02-26	FY2023	group financial target achievement 2023	103.85%	⁷
2024-02-26	FY2023	executive population with Personal Development Plan	83.87 %	⁷
2024-02-26	FY2023	employees SWP coverage	85%	⁷
2024-02-26	FY2023	brand value	USD 20 bn	⁷
2024-02-26	FY2023	average shareholding exposure board members	approximately 800% of base salary for Chairperson, approximately 700% of base salary for regular Board member	⁷
2024-02-26	FY2023	advances granted to Board members	€ 300 thou	⁷
2024-02-26	FY2023	Work Well Index plus	76 %	⁷
2024-02-26	FY2023	WWI+	76	⁸
2024-02-26	FY2023	total present value of minimum lease payments	2,730 (EUR € mn)	⁷
2024-02-26	FY2023	total plan assets	14,445 (EUR € mn)	⁷
2024-02-26	FY2023	total operating lease payments	5,909	⁷
2024-02-26	FY2023	total interest on lease payments	329	⁷
2024-02-26	FY2023	total future minimum lease payments	3,059	⁷
2024-02-26	FY2023	total cash outflow for leases	€ 516 mn	⁷
2024-02-26	FY2023	Total business volume	161,700	⁷
2024-02-26	FY2023	Third party assets under management	1,712 (EUR € bn)	⁷
2024-02-26	FY2023	Sustainable Solutions revenues	3,026 (EUR € mn)	⁸
2024-02-26	FY2023	Subordinated liabilities	17.6	⁸
2024-02-26	FY2023	Solvency II capitalization ratio	206	⁷
2024-02-26	FY2023	Solvency II capitalization ratio	206	⁷
2024-02-26	FY2023	Shareholders' equity	58,477	⁷
2024-02-26	FY2023	Shareholders equity	41.4	⁸
2024-02-26	FY2023	Real estate	25.7	⁷
2024-02-26	FY2023	Real estate	910	⁷
2024-02-26	FY2023	rate of medical cost trend	5.6	⁷
2024-02-26	FY2023	rate of compensation increase	1.9	⁷
2024-02-26	FY2023	PwC total fees 2023	93.0	⁷
2024-02-26	FY2023	PwC tax services fees 2023	1.5	⁷
2024-02-26	FY2023	PwC other services fees 2023	5.4	⁷
2024-02-26	FY2023	PwC other attestation services fees 2023	6.8	⁷
2024-02-26	FY2023	PwC audit services fees 2023	79.3	⁷
2024-02-26	FY2023	Property Casualty total business volume	77 bn	⁷
2024-02-26	FY2023	Present value of minimum lease payments (More than five years)	1,111 (EUR € mn)	⁷
2024-02-26	FY2023	Present value of minimum lease payments (Less than one year)	461 (EUR € mn)	⁷
2024-02-26	FY2023	Present value of minimum lease payments (Between one and five years)	1,159 (EUR € mn)	⁷
2024-02-26	FY2023	Own Funds	89.6	⁷
2024-02-26	FY2023	Other investments	28.5 (EUR bn)	⁸
2024-02-26	FY2023	Other	(30)	⁷
2024-02-26	FY2023	Operating lease payments (One year and less)	1,110	⁷
2024-02-26	FY2023	Operating lease payments (More than 5 years)	1,730	⁷
2024-02-26	FY2023	Operating lease payments (Between 4 and up to 5 years)	502	⁷
2024-02-26	FY2023	Operating lease payments (Between 3 and up to 4 years)	765	⁷
2024-02-26	FY2023	Operating lease payments (Between 2 and up to 3 years)	855	⁷
2024-02-26	FY2023	Operating lease payments (Between 1 and up to 2 years)	948	⁷
2024-02-26	FY2023	Non-technical result	8,119,195	⁸
2024-02-26	FY2023	Net reinsurance contract assets	13,810 (EUR € mn)	⁷
2024-02-26	FY2023	Money market securities	1,103	⁷
2024-02-26	FY2023	Life insurance investment products	1,440 (EUR € mn)	⁷
2024-02-26	FY2023	Lease income for operating leases	€ 1,270 mn	⁷
2024-02-26	FY2023	Investments	125.8 (EUR bn)	⁸
2024-02-26	FY2023	Investment result	8,790,519 (EUR € thou)	⁸
2024-02-26	FY2023	Interest on lease payments (More than five years)	133	⁷
2024-02-26	FY2023	Interest on lease payments (Less than one year)	51	⁷
2024-02-26	FY2023	Interest on lease payments (Between one and five years)	145	⁷
2024-02-26	FY2023	Insurance revenue	91,251 (EUR € mn)	⁷
2024-02-26	FY2023	Insurance reserves	23.1	⁸
2024-02-26	FY2023	IMIX Inclusive Meritocracy Index	81 %	⁷
2024-02-26	FY2023	IMIX	81	⁸
2024-02-26	FY2023	GenZ GenY representation	34.31%	⁷
2024-02-26	FY2023	GPTW certified entities countries	26	⁷
2024-02-26	FY2023	GPTW certified entities	43	⁷
2024-02-26	FY2023	GPTW certified entities	43	⁸
2024-02-26	FY2023	GPTW Trust Index	82	⁸
2024-02-26	FY2023	Future minimum lease payments (More than five years)	1,244	⁷
2024-02-26	FY2023	Future minimum lease payments (Less than one year)	512	⁷
2024-02-26	FY2023	Future minimum lease payments (Between one and five years)	1,303	⁷
2024-02-26	FY2023	Funds held by others	15.0	⁸
2024-02-26	FY2023	Equity securities (Quoted)	1,444 (EUR € mn)	⁷
2024-02-26	FY2023	Equity securities (Non-quoted)	43 (EUR € mn)	⁷
2024-02-26	FY2023	Equities	48.1	⁷
2024-02-26	FY2023	Discount rate (United Kingdom)	4.5	⁷
2024-02-26	FY2023	Discount rate (Switzerland)	1.5	⁷
2024-02-26	FY2023	Discount rate (Germany, short duration)	3.2	⁷
2024-02-26	FY2023	Discount rate (Germany, long duration)	3.2	⁷
2024-02-26	FY2023	Debt securities (Quoted)	3,233 (EUR € mn)	⁷
2024-02-26	FY2023	Debt securities (Non-quoted)	2,197 (EUR € mn)	⁷
2024-02-26	FY2023	Debt instruments	557.1 (EUR € bn)	⁷
2024-02-26	FY2023	Core return on equity	16.0 (EUR %)	⁷
2024-02-26	FY2023	Carrying amount investments	120.6 (EUR bn)	⁸
2024-02-26	FY2023	Capitalization ratio (2022)	262	⁸
2024-02-26	FY2023	Capitalization ratio	265	⁸
2024-02-26	FY2023	Capital requirement	43.5 (EUR € bn)	⁷
2024-02-26	FY2023	CSM as of 31 December 2023	53,818	⁷
2024-02-26	FY2023	Assets under management	2,224 (EUR € bn)	⁷
2024-02-26	FY2023	Annuity contracts	5,208	⁷
2024-02-26	FY2023	Allianz NEO local networks	20	⁷
2024-02-26	FY2023	Allianz GRACE local networks	81	⁷
2024-02-26	FY2023	Allianz Engage local networks	11	⁷
2024-02-26	FY2023	Allianz Beyond local networks	12	⁷
–	FY2023	Internal growth total business volume	8.0	⁹
–	FY2023	Internal growth Property-Casualty	11.2	⁹
–	FY2023	Internal growth Life/Health	5.6	⁹
–	FY2023	Internal growth Asset Management	2.4	⁹
–	FY2023	Cost-income ratio Asset Management 2022	61.2	⁹
–	FY2023	Cost-income ratio Asset Management	61.3	⁹
–	FY2023	Core return on equity Life/Health 2022	14.0 (EUR %)	⁹
–	FY2023	Core return on equity Life/Health	16.3 (EUR %)	⁹
–	FY2023	Core return on equity Group 2022	12.7 (EUR %)	⁹
–	FY2023	Core return on equity Group	16.0 (EUR %)	⁹
2024-02-23	2023-Q4	Third-party assets under management	1,712 (EUR € bn)	⁵⁸
2024-02-23	2023-Q4	Solvency II ratio	206%	⁶⁰
2024-02-23	2023-Q4	Solvency II capitalization ratio	206%	⁵⁸
2024-02-23	2023-Q4	Shareholders' equity	58.5	⁵⁸
2024-02-23	2023-Q4	new business margin (Life/Health)	5.9%	⁵⁸
2024-02-23	2023-Q4	Loss ratio	69.3%	⁶⁰
2024-02-23	2023-Q4	Expense ratio	24.6%	⁶⁰
2024-02-23	2023-Q4	Dividend per share	13.80	⁵⁸
2024-02-23	2023-Q4	Cost-income ratio (Asset Management)	61.3%	⁵⁸
2024-02-23	2023-Q4	Core return on equity	16.0%	⁵⁸
2024-02-23	2023-Q4	Core return on equity	16.0%	⁶⁰
2024-02-23	2023-Q4	Contractual service margin (net)	32.7	⁵⁸
2024-02-23	2023-Q4	combined ratio (Property-Casualty)	93.8%	⁵⁸
2024-02-23	2023-Q4	Combined ratio	93.8%	⁶⁰
2023-12-14	2023-Q4	Volatility adjustment impact non-life	reduction of € 598,533 thou	⁶²
2023-12-14	2023-Q4	Volatility adjustment impact life	reduction of € 1,368,548 thou	⁶²
2023-12-14	2023-Q4	Solvency II SCR impact zero volatility adjustment	increase of € 3,469,786 thou to € 46,954,436 thou	⁶²
2023-12-14	2023-Q4	Solvency capital requirement	43,484,650 (EUR thousands)	⁶²
2023-12-14	2023-Q4	Loans to associates and JVs	€ 2,582 mn	⁶²
2023-12-14	2023-Q4	Interest received associates JVs	€ 145 mn	⁶²
2023-12-14	2023-Q4	Eligible own funds impact zero volatility adjustment	increase of € 939,569 thou to € 90,497,689 thou	⁶²
2023-12-14	2023-Q4	eligible own funds	99,724,143	⁶²
2023-12-14	2023-Q4	Deferred tax assets recoverability assessment	€ 2,128,415 thou substantiated by deferred tax liabilities of € 45,280,539 thou	⁶²
2023-12-14	2023-Q4	Corporate and other operating result	(473,695)	⁶²
2023-12-14	2023-Q4	Capitalization ratio excl. volatility adjustment	193%	⁶²
2023-12-14	2023-Q4	Capitalization ratio excl. transitional	206%	⁶²
2023-12-14	2023-Q4	Capitalization ratio	229%	⁶²
2023-12-14	2023-Q4	BlackRock voting rights shares	6.75%	⁶²
2023-12-14	2023-Q4	BlackRock shares absolute	27,586,790	⁶²
2023-12-14	2023-Q4	BlackRock instruments 38 1 2 WpHG	0.003%	⁶²
2023-12-14	2023-Q4	BlackRock instruments 38 1 2 absolute	12,388	⁶²
2023-12-14	2023-Q4	BlackRock instruments 38 1 1 WpHG	0.06%	⁶²
2023-12-14	2023-Q4	BlackRock instruments 38 1 1 absolute	233,827	⁶²
2023-12-14	2023-Q4	Asset management operating revenues	8,085,515 (EUR thousands)	⁶²
2023-12-14	2023-Q4	Asset management operating profit	3,126,103 (EUR thousands)	⁶²
2023-12-14	2023-Q4	ABS portfolio investment grade	97%	⁶²
2023-12-14	2023-Q4	ABS portfolio AA or better	71%	⁶²
2023-12-14	2023-Q4	Total liabilities	674,247,599	⁶²
2023-12-14	2023-Q4	total cash outflow for leases	515,904 (EUR € thou)	⁶²
2023-12-14	2023-Q4	Total assets	764,795,215 (EUR in thousands)	⁶²
2023-12-14	2023-Q4	Total Group SCR	43,484,650	⁶²
2023-12-14	2023-Q4	Tier 3 Own Funds	1,610,028	⁶²
2023-12-14	2023-Q4	Tier 2 Own Funds	10,434,054	⁶²
2023-12-14	2023-Q4	Tier 1 unrestricted Own Funds	70,241,100	⁶²
2023-12-14	2023-Q4	Tier 1 restricted Own Funds	5,758,486	⁶²
2023-12-14	2023-Q4	Solvency Capital Requirement	43,484,650 (EUR € thou)	⁶²
2023-12-14	2023-Q4	Real estate allocation	6.3	⁶²
2023-12-14	2023-Q4	Ratio of Eligible Own Funds to Total Group SCR	2.29	⁶²
2023-12-14	2023-Q4	rate of medical cost trend	5.6	⁶²
2023-12-14	2023-Q4	rate of compensation increase	1.9	⁶²
2023-12-14	2023-Q4	Other allocation	(0.2)	⁶²
2023-12-14	2023-Q4	Minimum consolidated MCR	26,674,374	⁶²
2023-12-14	2023-Q4	Minimum consolidated Group solvency capital requirement	26,674,374 (EUR € thou)	⁶²
2023-12-14	2023-Q4	Minimum consolidated Group SCR	26,674,374	⁶²
2023-12-14	2023-Q4	MVBS excess of assets over liabilities	90,547,616 (EUR € thou)	⁶²
2023-12-14	2023-Q4	Life insurance investment products allocation	10.0 (EUR in %)	⁶²
2023-12-14	2023-Q4	Lease income for operating leases	1,270,408 (EUR € thou)	⁶²
2023-12-14	2023-Q4	IFRS excess of assets over liabilities	63,579,605 (EUR € thou)	⁶²
2023-12-14	2023-Q4	Group SCR	43,484,650	⁶²
2023-12-14	2023-Q4	Excess of assets over liabilities	90,547,616 (EUR in thousands)	⁶²
2023-12-14	2023-Q4	Equity securities allocation	10.0 (EUR in %)	⁶²
2023-12-14	2023-Q4	Eligible Own Funds including other sectors Group SCR	99,724,143	⁶²
2023-12-14	2023-Q4	Eligible Own Funds excluding other sectors SCR	88,043,668	⁶²
2023-12-14	2023-Q4	Eligible Own Funds excluding other sectors MCR	81,334,461	⁶²
2023-12-14	2023-Q4	Discount rate	3.2	⁶²
2023-12-14	2023-Q4	Debt securities quoted allocation	22.4 (EUR in %)	⁶²
2023-12-14	2023-Q4	Debt securities non quoted allocation	15.2 (EUR in %)	⁶²
2023-12-14	2023-Q4	Basic Own Funds after deductions	88,043,668	⁶²
2023-12-14	2023-Q4	Annuity contracts allocation	36.1	⁶²
–	2023-Q4	Third-party assets under management	1,712 (EUR € bn)	⁶¹
–	2023-Q4	Solvency II capitalization ratio	206%	⁶¹
–	2023-Q4	Shareholders' equity	58.5	⁶¹
–	2023-Q4	SII ratio	206	⁵⁹
–	2023-Q4	Run-off	-4.2	⁵⁹
–	2023-Q4	new business margin (Life/Health)	5.9%	⁶¹
–	2023-Q4	Net flows	-7	⁵⁹
–	2023-Q4	NatCat	4.2	⁵⁹
–	2023-Q4	NBM	5.9	⁵⁹
–	2023-Q4	Internal growth	9.8	⁵⁹
–	2023-Q4	ER	23.5	⁵⁹
–	2023-Q4	Dividend per share	11.40	⁶¹
–	2023-Q4	Discounting impact	-2.5	⁵⁹
–	2023-Q4	DPS	13.80	⁵⁹
–	2023-Q4	Cost-income ratio (Asset Management)	61.3%	⁶¹
–	2023-Q4	Core return on equity	16.0%	⁶¹
–	2023-Q4	Contractual service margin (net)	32.7	⁶¹
–	2023-Q4	combined ratio (Property-Casualty)	93.8%	⁶¹
–	2023-Q4	CSM	52.6	⁵⁹
–	2023-Q4	CR	94.9	⁵⁹
–	2023-Q4	CIR	60.5	⁵⁹
2023-11-10	2023-Q3	Total assets under management	2,162 Billionen Euro	⁶
2023-11-10	2023-Q3	assets under management for third parties	1,670 Billionen Euro	⁶
2023-11-10	2023-Q3	Solvency II capitalisation ratio	212%	⁶
2023-11-10	2023-Q3	Equity	56,1 Milliarden Euro	⁶
2023-08-08	2023-H1	Total commitments	49,064	²
2023-08-08	2023-H1	Total business volume	85,588	²
2023-08-08	2023-H1	Third-party assets under management	1,662 (EUR billions)	²
2023-08-08	2023-H1	Solvency II capitalization ratio	208	²
2023-08-08	2023-H1	Shareholders core net income	4,690	²
2023-08-08	2023-H1	Other commitments	4,212	²
2023-08-08	2023-H1	Insurance contract liabilities	754,829	²
2023-08-08	2023-H1	Core return on equity	16.7 (EUR %)	²
2023-08-08	2023-H1	Core earnings per share	11.40	²
2023-08-08	2023-H1	Core diluted earnings per share	11.38	²
2023-08-08	2023-H1	Contractual service margin	54,055	²
2023-08-08	2023-H1	Commitments to purchase debt investments	8,606 (EUR in millions)	²
2023-08-08	2023-H1	Commitments to acquire interests in joint ventures, associates and equity investments	36,246 (EUR in millions)	²

▸ Earlier KPIs (+958)

Guidance Tracking (latest per metric/period · 22/36)#

All management forecasts (guidance) and their later outcome. Types: fiscal-year targets as well as quarterly/half-year targets; per metric and period the most recent statement applies, older versions can be expanded. The status is checked automatically against the actuals reported later: open (period still running), met, beaten, missed. For ranges (“X to Y”) reaching the range counts. Logged neutrally, no estimate of our own, no assessment.

For period	Guided on	Metric	Guided	Verdict	Direction	Source
FY2026	2026-08-07	Operating profit	1–17	pending	confirmed	³⁶
FY2026	2026-08-05	Operating profit	17,400	pending	confirmed	³¹
FY2026	2026-03-02	Combined ratio	92–93%	pending	confirmed	²⁸
FY2026	2026-03-02	Property-Casualty total business volume growth	6%	pending	confirmed	²⁸
FY2026	2026-03-02	Property-Casualty operating profit	9,000	pending	confirmed	²⁸
FY2026	2026-03-02	Life/Health normalized CSM growth	~5%	pending	confirmed	²⁸
FY2026	2026-03-02	Life/Health operating profit	5,700	pending	confirmed	²⁸
FY2026	2026-03-02	Life/Health CSM release rate	8–9%	pending	confirmed	²⁸
FY2026	2026-03-02	Asset Management operating profit	3,500	pending	confirmed	²⁸
FY2026	2026-03-02	Asset Management cost-income ratio	61%	pending	confirmed	²⁸
FY2026	2026-03-02	Corporate and Other operating loss	800	pending	confirmed	²⁸
FY2026	2026-02-26	Operating income	1–17	pending	confirmed	³⁴
FY2025	2025-11-14	Operating profit	17	–	raised	²⁵
FY2025	2025-11-13	Operating income	17,000	–	raised	¹⁹
FY2025	2025-03-03	Operating profit	15,000–17,000	–	confirmed	¹⁸
FY2025	2025-03-03	Total business volume growth	6–7%	–	confirmed	¹⁵
FY2025	2025-03-03	Combined ratio	~93%	–	confirmed	¹⁵
FY2025	2025-03-03	Operating investment result	2,800	–	confirmed	¹⁵
FY2025	2025-03-03	Normalized CSM growth	~5%	–	confirmed	¹⁵
FY2025	2025-03-03	CSM Release Rate	8–9%	–	confirmed	¹⁵
FY2025	2025-03-03	Cost-income ratio	61%	–	confirmed	¹⁵
FY2025	2025-03-03	Operating loss	800	–	confirmed	¹⁵
FY2024	2024-08-08	Operating profit	1–14	–	confirmed	¹⁴
FY2024	2024-02-26	Operating profit	13,800–15,800	–	confirmed	¹⁰
FY2024	2024-02-26	Total business volume growth	5–7%	–	initiated	⁷
FY2024	2024-02-26	Combined ratio	93–94%	–	initiated	⁷
FY2024	2024-02-26	Operating profit Property-Casualty	6,570–8,030	–	initiated	⁷
FY2024	2024-02-26	Operating profit Life/Health	4,680–5,720	–	initiated	⁷
FY2024	2024-02-26	Operating profit Asset Management	2,790–3,410	–	initiated	⁷
FY2024	2024-02-26	Core RoE Life/Health	14–17%	–	initiated	⁷
FY2024	2024-02-26	Life/Health total business volume	73,000–83,000	–	initiated	⁷
FY2024	2024-02-26	Cost-income ratio Asset Management	~61%	–	initiated	⁷
FY2024	2024-02-26	subordinated bond	1,000	–	initiated	⁷
FY2024	2024-02-26	share buy-back program	1,000	–	initiated	⁷
FY2023	2023-11-10	operating result	1–14	–	confirmed	⁶
FY2023	2023-08-08	Operating profit	13,200–15,200	–	confirmed	²

▸ show older periods (+21)

Development#

A condensed summary per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. Most recent period first, grouped by year; each text is written from the original report of that period, superscript numbers lead to the source.

FY2026

Allianz SE reported operating profit growth of 8.6% to €9,390 million in the first half of fiscal year 2026, with total revenues rising to €58,751 million from €55,282 million in H1 2025 ³¹. Net income increased to €6,630 million in H1 2026 from €5,599 million in H1 2025, with Q1 2026 contributing 3,690 million and Q2 2026 contributing 2,940 million ³¹. The Solvency II capitalization ratio strengthened to 225% by end of June 2026 from 218% at year-end 2025, and the Property-Casualty combined ratio for H1 2026 came in at 91.4%, below the full-year guidance range of 92-93% ³¹ ³⁶. Allianz completed the divestiture of its 26% stake in Indian joint ventures BAGIC and BALIC for approximately €2.3 billion and announced agreements to acquire HSBC Life Singapore for a €2.0 billion combined consideration and UOB Asset Management to expand its Asia Pacific presence ³¹.

FY2025

Allianz Group grew total business volume by 8.1% on an internal basis to EUR 186.9 billion in FY 2025, with all three business segments contributing to the gain ²⁷. Operating profit increased 8.4% to EUR 17,374 million, exceeding the initial full-year target of EUR 16.0 billion plus or minus EUR 1.0 billion ²⁶. Group net income reached 11,430 million, with diluted earnings per share of 27.67, and operating cash flow was 33,209 million ²⁸. The Property-Casualty combined ratio improved to 92.2% from 93.4%, the Solvency II capitalization ratio rose by ten percentage points to 218%, and Asset Management third-party assets under management reached an all-time high of EUR 1,990 billion on net inflows of EUR 139.3 billion ²⁸.

FY2024

Allianz SE grew insurance revenue to 97,675 million in FY2024, with full-year net income rising to 10,540 million, an increase of 16% versus the prior year ¹⁵. Operating profit advanced 9% to €16,023 million, exceeding the full-year target of €14.8 billion and marking a record across all three segments – Property-Casualty, Life/Health, and Asset Management ¹⁵. Total business volume expanded 11.2% to €179,778 million on internal revenue growth of 11.9%, with the Solvency II capitalization ratio improving to 209% at year-end ¹⁵. Operating cash flow reached 31,903 million, and cash and cash equivalents stood at 31,637 million as of 31 December 2024 ¹⁵. Material portfolio actions during the year included the acquisition of TUA Assicurazioni S.p.A. in Italy and the divestiture of stakes in Allianz Saudi Fransi and Euler Hermes Re S.A. ¹⁵.

FY2023

Allianz Group delivered a record operating profit of €14.7 billion in FY2023, up 6.7% from 2022, driven by growth across the Property-Casualty, Life/Health, and Corporate segments, though the third quarter was weighed down by exceptionally high natural catastrophe claims ⁷ ⁶¹. Net income attributable to shareholders rose to 9,032 million for the full year, with the improvement partly reflecting higher operating profit, lower income taxes, and the absence of a large Structured Alpha litigation provision that had reduced 2022 net income ⁷. Insurance revenue grew 4.9% to €91.3 billion, supported by internal business volume growth of 8.0%, while operating cash flow reached 24,462 million ⁶⁰ ⁷. The Solvency II capitalization ratio improved to 206% at year-end 2023 from 201% at end-2022, and shareholders' equity rose to €58.5 billion ⁷ ⁵⁸. Core return on equity advanced to 16.0% from 12.7% in 2022, and Allianz completed a €1.5 billion share buyback while raising the proposed dividend by 21.1% to €13.80 per share ⁶¹ ⁵⁸.

Glossary#

Revenue: Revenue from contracts with customers, net of sales deductions, as the company itself reports it; not total output, gross revenue, GMV or order intake.
Net income: Net income attributable to the shareholders of the parent, after discontinued operations; not the result including minority interests, not comprehensive income.
EPS: Diluted earnings per share attributable to the shareholders of the parent; a printed figure always beats a calculated one, calculated values are marked.
EPS adj.: Adjusted earnings per share, verbatim and company-defined (non-GAAP).
OCF: Cash flow from operating activities as reported; IFRS companies may show interest paid in financing cash flow, so the figure is not always comparable.
Cash: Cash and cash equivalents, without securities unless the company reports them as part of the position.
*: derived, the formula is in the hover
≈: calculated, approximation
~: uncertain; the value stays visible, verdicts do not use it
°: repaired by a targeted query against the document, or curated with documentary evidence
EBIT: EBIT as a fallback: the income statement carries no operating line
basic: basic earnings per share as a fallback when diluted is missing

Sources: official investor relations documents#

All original documents used, with type (e.g. quarterly, half-year, annual report), publication date and a direct link to the filing (EDINET/SEC/IR). Every superscript number in the report points to an entry in this list; so every figure can be traced back to its place in the original.

63 documents · 2022 – 2026 · IR

#	Document type	Published	Link
#3	IR-Quarter	–	Open
#4	IR-Quarter	–	Open
#5	IR-Quarter	–	Open
#7 / #109	IR-Annual	–	Open
#8	IR-Annual	–	Open
#9	IR-Annual	–	Open
#13	IR-Quarter	–	Open
#15 / #119	IR-Annual	–	Open
#16	IR-Annual	–	Open
#17	IR-Annual	–	Open
#20	IR-Quarter	–	Open
#22	IR-Quarter	–	Open
#24	IR-Quarter	–	Open
#26	IR-Quarter	–	Open
#28 / #132	IR-Annual	–	Open
#30	IR-Annual	–	Open
#35	IR-Quarter	–	Open
#39	IR-Half	–	Open
#40	IR-Half	–	Open
#41	IR-Quarter	–	Open
#42	IR-Half	–	Open
#43	IR-Quarter	–	Open
#45	IR-Report	–	Open
#47	IR-Report	–	Open
#48	IR-Report	–	Open
#50	IR-Report	–	Open
#52	IR-Report	–	Open
#54	IR-Report	–	Open
#55	IR-Report	–	Open
#59	IR-Report	–	Open
#61	IR-Report	–	Open
#2 / #102	IR-Half	2023-08-08	Open
#1	IR-Report	2023-09-26	Open
#6	IR-Quarter	2023-11-10	Open
#62	IR-Report	2023-12-14	Open
#63	IR-Report	2023-12-14	Open
#58	IR-Report	2024-02-23	Open
#60 / #170	IR-Report	2024-02-23	Open
#11	IR-Quarter	2024-05-15	Open
#57	IR-Report	2024-05-23	Open
#10 / #112	IR-Half	2024-08-07	Open
#12	IR-Quarter	2024-08-08	Open
#14	IR-Quarter	2024-11-13	Open
#56	IR-Report	2024-12-12	Open
#51	IR-Report	2025-02-28	Open
#53 / #162	IR-Report	2025-02-28	Open
#21	IR-Quarter	2025-05-15	Open
#18 / #122	IR-Half	2025-08-05	Open
#23	IR-Quarter	2025-08-07	Open
#19	IR-Report	2025-11-13	Open
#25	IR-Quarter	2025-11-14	Open
#49	IR-Report	2025-12-11	Open
#27	IR-Quarter	2026-02-26	Open
#46 / #154	IR-Report	2026-02-26	Open
#29	IR-Annual	2026-03-12	Open
#33	IR-Quarter	2026-03-31	Open
#34	IR-Quarter	2026-05-13	Open
#32	IR-Report	2026-07-06	Open
#37	IR-Report	2026-07-23	Open
#38	IR-Report	2026-07-23	Open
#31 / #135	IR-Half	2026-08-05	Open
#36	IR-Quarter	2026-08-07	Open

▸ More rows (+47)

Older sources (+1)

#	Document type	Published	Link
#44	IR-Report	2022-07-08	Open

FAQ#

Is there a management forecast (guidance) for FY2026?

Yes. Management has issued targets for FY2026, including Operatives Ergebnis. The guidance tracking chapter shows all targets and checks them against the actuals reported later; neutral, with no estimate of our own.

Which additional key figures does Allianz SE report?

As reported for Q2 2026: Schaden-Kosten-Quote, Neugeschäftsmarge, Für Dritte verwaltetes Vermögen, Eigenkapital, Aufwand-Ertrag-Verhältnis, Schadenquote. The chapter Reported KPIs lists every value with its source. Revenue is broken down by Asset Management, Schaden-Unfall, Life reinsurance, Non-Life – Germany.

Does Allianz SE pay a dividend?

The filings report on the dividend; most recent entry: dividend per share 17.10 (FY2025) (as reported, no assessment of our own). Details with source links are in the report chapters.

Where can I find the official investor relations documents of Allianz SE?

The sources chapter links all 73 original filings used (IR documents) with type, publication date and a direct link; every figure in the report carries a source number.

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Allianz SE ALV.DE

Business Model#

Current Status#

Price & Chart#

Share-Price Drivers#

Event Timeline#

2026-Q2 · Apr – Jun 2026

2026-Q1 · Jan – Mar 2026

2025-Q4 · Oct – Dec 2025

2025-Q3 · Jul – Sep 2025

2025-Q2 · Apr – Jun 2025

2025-Q1 · Jan – Mar 2025

2024-Q4 · Oct – Dec 2024

2024-Q3 · Jul – Sep 2024

2024-Q2 · Apr – Jun 2024

2024-Q1 · Jan – Mar 2024

2023-H1 · Jan – Jun 2023

2023-Q4 · Oct – Dec 2023

2023-Q3 · Jul – Sep 2023

Key Figures (€m)#

Fiscal years

Half-years

Quarters

Balance Sheet & Cash Flow (€m)#

Fiscal years

Half-years

Quarters

Revenue by Type (as of 2026-Q2 · EURm · 34/80)#

Products & M&A (1/16 active+recent)#

M&A (42)#

Acquisitions

Divestitures / exits

Reported KPIs (as disclosed) (973)#

Guidance Tracking (latest per metric/period · 22/36)#

Development#

Glossary#

Sources: official investor relations documents#

FAQ#

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