ΓΡΑΦΕΙΟ ΤΥΠΟΥ
Δελτία Τύπου
Δελτία Τύπου
Ενημερωθείτε για όλα τα νέα της Εταιρίας
Earnings Release: 3Q and 9M 2026
3Q 2026
- Total business volume at 44.4 billion euros, an internal growth of 3.0 percent1. Excellent contribution from Asset Management and good internal growth in Property-Casualty.
- Operating profit rises 6.2 percent to 4.7 billion euros, driven by an outstanding result from the Asset Management segment, attributable to higher business volume and margins, and a strong contribution from Life/Health.
- Shareholders’ core net income increases 1.2 percent to 2.9 billion euros. Adjusted for offsetting measures following the sale of the stake in our Indian JVs, underlying growth is 3 percent.
9M 2026
- Total business volume at 143.0 billion euros, an internal growth of 3.8 percent1, driven by excellent growth in Asset Management and good internal growth in Property-Casualty.
- Operating profit rises 7.8 percent to 14.1 billion euros, our highest nine-month operating profit ever.
- Shareholders’ core net income advances 10.6 percent to 9.3 billion euros. Adjusted for divestment effects and offsetting measures, underlying growth is strong at 7 percent2.
- Core earnings per share increase 12.7 percent and reach 24.15 euros, an excellent underlying growth of 8 percent2.
- Annualized core RoE at 20.1 percent; underlying level excellent at 19 percent2.
- Solvency II ratio3 stands at a strong level of 219 percent4, an increase of 1 percentage point compared with full-year 2025. Capital generation remains strong.
Outlook & other
- Following the strong performance, Allianz raised the upper end of its full-year 2026 operating profit target range to around 18.6 billion euros 5, 6 .
- Share buy-back program of up to 2.5 billion euros announced on February 25, 2026 was fully executed as of September 2026.
“Allianz’s record operating profit of 14.1 billion euros for the first nine months of 2026 reflects the disciplined execution of our strategy. Yet we are not standing still: at a time when many people are finding protection and retirement solutions harder to afford, we are working to leverage our scale and expertise to deliver relevant, accessible solutions to our clients.
This starts with deepening our understanding of what our customers perceive as value, and not losing sight of the seemingly small, and often very human, details that make a difference to them. Smart growth is driven by competence, resilience, and efficiency, yet sustainable customer growth is a matter of care and trust.”
- Oliver Bäte, Chief Executive Officer of Allianz SE
Financial Highlights
Allianz Group: Excellent performance and record operating profit for nine months
| Key performance indicator | 3Q 2026 |
Change vs prior year |
9M 2026 |
Change vs prior year |
| Total business volume (€ bn); change shows internal growth | 44.4 | 3.0% | 143.0 | 3.8% |
| Operating profit (€ mn) | 4,709 | 6.2% | 14,099 | 7.8% |
| Shareholders’ core net income (€ mn) | 2,889 | 1.2% | 9,273 | 10.6% |
| Core return on equity (annualized) (%)7 | 20.1 | 2.0%-p | ||
| Solvency II ratio (%) 7 | 219 | 1%-p |
“In the third quarter 2026, Allianz delivered a strong operating profit of 4.7 billion euros, despite high capital market volatility and elevated natural catastrophe losses. Our nine-month result rose to a record 14.1 billion euros, with all segments contributing. This broad-based performance highlights the strength and resilience of our diversified business model, even in a demanding operating environment.
Building on this momentum, Allianz raised the upper end of its full-year 2026 operating profit target range to around 18.6 billion euros. Our strong results reaffirm that we are well positioned to continue generating sustainable returns for customers and shareholders and to deliver on our Capital Markets Day targets.”
- Claire-Marie Coste-Lepoutre, Chief Financial Officer of Allianz SE
In 3Q 2026, total business volume amounted to 44.4 billion euros (3Q 2025: 42.8 billion euros). Internal growth, which excludes the effects of foreign-currency translation as well as acquisitions and divestments, was 3.0 percent. The Asset Management segment delivered excellent internal growth, alongside a good performance in Property-Casualty.
Operating profit rose 6.2 percent to 4.7 (4.4) billion euros, supported by a well-diversified business model. Growth was driven by an outstanding performance of our Asset Management business and strong contribution from Life/Health. Property-Casualty remained resilient despite a higher natural catastrophe impact.
Shareholders’ core net income was 2.9 (2.9) billion euros, 1.2 percent above last year. Underlying growth, which adjusts for offsetting measures following the sale of the stake in our Indian Joint Ventures in 1Q 2026, was 3 percent.
In 9M 2026, total business volume reached 143.0 billion euros (9M 2025: 141.2 billion euros), an internal growth of 3.8 percent. The Asset Management segment delivered excellent internal growth, with a good performance also in Property-Casualty.
Operating profit rose 7.8 percent to a record level of 14.1 (13.1) billion euros and reached 81 percent of our full-year outlook midpoint. Asset Management was the main growth driver, but all business segments are ahead of their pro-rata full-year operating profit outlooks.
Shareholders’ core net income advanced 10.6 percent to 9.3 (8.4) billion euros, supported by a higher operating profit and a better non-operating result. Adjusted for the effects of the sale of the stake in our Indian Joint Ventures in 1Q 2026, offsetting measures as well as the divestment gain on the UniCredit Joint Venture in 2Q 2025, underlying growth was strong at 7 percent2.
Core earnings per share (EPS)8 amounted to 24.15 (21.43) euros, an increase of 12.7 percent. Adjusted for the above-mentioned effects, growth was excellent at 8 percent2, in line with our 7-9 percent CAGR target for the 2025-2027 strategic cycle.
Allianz delivered an annualized core return on equity (RoE)8 of 20.1 percent in 9M 2026 (12M 2025: 18.1 percent). Adjusted for the above-mentioned effects, our annualized core return on equity was excellent at 19 percent2.
This performance was achieved while Allianz maintained a strong capitalization with a Solvency II ratio of 219 percent (full-year 2025: 218 percent), supported by a strong operating capital generation of 18 percent.
Outlook
Following the strong performance, Allianz raised the upper end of its full-year 2026 operating profit target range to around 18.6 billion euros 5, 6.
Other
The share buy-back program of up to 2.5 billion euros, announced on February 25, 2026, was fully executed by September 22, 2026.