Allianz SE

ALV

Equity

ISIN DE0008404005 / Valor 322646

Xetra (2025-03-14)

EUR 351.60+0.92%

Allianz SE
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About company

Allianz SE is a global insurance and asset management company with a strong presence in almost 70 countries, serving over 125 million private and corporate customers. With a workforce of over 157,000 employees, Allianz Group is known for its expertise in providing a wide range of insurance products and financial services to meet the needs of its diverse customer base. The company's commitment to innovation and customer service has solidified its position as a leader in the insurance industry.

Summarized from source with an LLMView SourceSector: Finance

Record Operating Profit

In the fourth quarter and full year of 2024, Allianz SE achieved a record operating profit of 16.0 billion euros, marking an 8.7 percent increase from the previous year. This growth was supported by strong performances across all business segments, particularly in the Property-Casualty segment.

Business Volume Growth

Allianz SE reported a significant rise in total business volume for 2024, with an 11.2 percent increase to 179.8 billion euros. The fourth quarter alone saw a 16.0 percent increase, reaching 45.9 billion euros, driven by robust growth in the Life/Health and Property-Casualty segments.

Shareholders' Income and Dividends

Shareholders' core net income for Allianz SE advanced by 10.1 percent to 10.0 billion euros in 2024. The company also announced a proposed dividend per share of 15.40 euros, reflecting an 11.6 percent increase from the previous year, alongside a new share buy-back program of up to 2 billion euros.

Solvency and Financial Strength

Allianz SE maintained a strong Solvency II capitalization ratio of 209 percent by the end of 2024, underscoring its financial resilience and ability to withstand market volatility. This robust capitalization supports the company's growth ambitions and commitment to delivering value to shareholders.

2025 Outlook

Looking ahead to 2025, Allianz SE targets an operating profit of 16.0 billion euros, with a potential variance of plus or minus 1 billion euros. The company remains confident in its growth strategy and resilience, aiming to continue generating attractive returns for its shareholders.

Summarized from source with an LLMView Source

Key figures

32.9%1Y

68.0%3Y

139%5Y

Performance

15.0%1Y

19.4%3Y

26.1%5Y

Volatility