Record-Breaking Performance

Allianz SE has announced an impressive 16% increase in its fourth-quarter revenues for fiscal 2024, totaling €45.9 billion. This remarkable growth is accompanied by a 16.9% jump in net income, reaching €2.6 billion, and a 10.9% rise in operating profit, which now stands at €4.2 billion. Core earnings per share (EPS) also saw a significant boost, increasing by 5.1% to €6.31.

Full Fiscal Year Highlights

For the entire fiscal year of 2024, Allianz achieved total revenues of €179.8 billion, marking an 11.2% increase. Net income soared by 16.7% to €10.5 billion, while core EPS grew by 12.4% to €25.42. These figures underscore Allianz's strong performance across all segments.

CEO's Insight

Oliver Bate, CEO of Allianz, highlighted the company's record financial results, attributing them to strong performance across all segments, high customer satisfaction, and record employee engagement. "Allianz remains the trusted partner of choice for our customers in a global context marked by above-average levels of natural catastrophes, armed conflicts, and deepening polarization," Bate commented.