Overview

• Allianz reported its highest-ever quarterly operating profit of €4.24 billion in Q1 2025, a 6% increase from the previous year.
• Total revenues surged by 12% to €54 billion, driven by growth in life and health insurance segments.
• Net profit attributable to shareholders declined by 2% to €2.4 billion, due to a significant tax provision linked to the €2.6 billion sale of Indian joint-venture stakes.
• Natural catastrophe losses totaled €398 million in Q1 2025, over six times higher than the same period in 2024.
• Despite challenges from a weak dollar and global market volatility, Allianz remains on track to achieve its full-year operating profit target of €15–17 billion.