Business

Allianz Achieves Record Q2 Revenue Growth, Surpassing Expectations with a 8% Increase

Record-Breaking Performance in Q2

Allianz SE has reported a remarkable 8% year-on-year increase in its second-quarter revenue for fiscal 2025, reaching an impressive €44.5 billion. This performance not only exceeded analysts' expectations but also marked a significant milestone for the company.

Financial Highlights

The company's net income saw a substantial rise of 17.3%, amounting to €3 billion, while operating profit soared by 12.2% to a record €4.4 billion. This growth was largely fueled by the Property-Casualty segment's outstanding performance. Additionally, core earnings per share (EPS) experienced an 11.3% increase, settling at €13.99.

Leadership's Perspective

"Allianz's first-half results are a testament to our sustained growth and unwavering commitment to productivity. Our diverse product offerings and global presence have not only helped us retain our customer base but also expand it. We remain on track to achieve the goals outlined during our Capital Markets Day in December," stated CEO Oliver Baete.