Allianz Nine-Month Operating Profit Hits Record €14.1 Billion as 2026 Outlook Ceiling Rises to Around €18.6 Billion
Allianz published its third-quarter and nine-month results on November 12, 2026. The group said third-quarter total business volume was €44.4 billion, with internal growth of 3.0 percent, compared with €42.8 billion a year earlier.
Third-quarter operating profit rose 6.2 percent to €4.7 billion, driven, the company said, by an outstanding result from Asset Management and a strong contribution from Life and Health. Shareholders' core net income increased 1.2 percent to €2.9 billion.
For the first nine months, total business volume reached €143.0 billion, with internal growth of 3.8 percent. Operating profit rose 7.8 percent to €14.1 billion, which the company said was its highest nine-month operating profit ever.
In Property-Casualty insurance, third-quarter total business volume reached €20.9 billion, compared with €19.7 billion a year earlier.
Allianz raised the upper end of its full-year 2026 operating profit target range to around €18.6 billion. The company also said its share buy-back program of up to €2.5 billion, announced on February 25, 2026, was fully executed as of September 2026.
All figures are from Allianz's third-quarter earnings release published on the company's website.
Source: Allianz
Published by GSM · USA (original Chinese edition)
Photo: 安联位于慕尼黑的总部大楼。／The Allianz headquarters building in Munich.（CC0，Wikimedia Commons）
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