The German insurer Allianz made a net profit of EUR 9,069 million by September, an increase of 11.8% over the previous year due to the growth of asset management.
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12/11/2026
by
Lusa
A allianz registered a net profit of EUR 9,069 million by September, an increase of 11.8% over the previous year due to the growth of asset management.
According to the information released today by Allianz, turnover in the first three quarters amounted to EUR 143,000 million, more 3.8% than in the previous year, driven by growth in asset management and damage and accident insurance.
Between January and September, the insurance company achieved a record operational result of 14,100 million euros, an increase of 7.8% compared to 2025, despite the volatility of capital markets and a greater impact from natural disasters in the third quarter.
The operational result improved in the first nine months of the year, especially in asset management by 20.3%, reaching EUR 2,909 million, following an increase in revenue of 17.8%.
The increase in operational results in damage and accident insurance was 3.2% and, in life and health insurance, 3.1%.
In the first nine months, the insurer obtained a return on equity before extraordinary results of 20.1% (18.1% in 2025).
The assets managed for third parties increased to 2,152 billion at the end of September, compared to 1,990 billion euros at the end of December 2025, thanks to net capital inflows of EUR 132,000 million.
In this regard, Allianz has revised upwards the operational outcome forecasts for an interval of between EUR 16,400 million and EUR 18,600 million (previously foreseen a range of EUR 16,400 million and EUR 18,400 million), provided that there are no major natural disasters or unforeseen events on the capital markets.
The German insurer concluded in September the stock buy-back, announced at the end of February, amounting to up to EUR 2,500 million.