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Allianz’s H1 Operating Profit Hits Record €8.6 Billion with Lower Catastrophe Losses

Lower catastrophe claims have positioned the insurer to reach the top end of its €15–17 billion profit forecast

Overview

  • Allianz posted a record €8.6 billion operating profit in the first half of 2025
  • Second-quarter operating profit rose 12% year-on-year to €4.4 billion, exceeding analysts’ expectations
  • Business volume climbed more than 4% to €44.5 billion in Q2, driven by premium increases
  • Net profit attributable to shareholders increased 13% in the second quarter to €2.8 billion
  • The insurer credits reduced natural catastrophe losses for bolstering its half-year results