Record-Breaking Quarter for Allianz

Allianz SE has announced a remarkable 16% increase in its fourth-quarter revenues for fiscal 2024, totaling €45.9 billion. This significant growth is a testament to the company's robust performance and strategic initiatives.

Financial Highlights

Net income saw a 16.9% jump to €2.6 billion, while operating profit rose by 10.9% to €4.2 billion. Core earnings per share (EPS) also experienced a 5.1% year-over-year increase, reaching €6.31.

Annual Performance

For the entire fiscal year 2024, Allianz achieved total revenues of €179.8 billion, marking an 11.2% growth. Net income soared by 16.7% to €10.5 billion, with core EPS advancing by 12.4% to €25.42.

CEO's Insight

"2024 was a landmark year for Allianz, with record financial results across all segments. Our consistent high customer satisfaction and record employee engagement have solidified our position as the trusted partner of choice amidst global challenges," stated CEO Oliver Bate.