Record-Breaking Performance

Allianz SE has unveiled its financial results for the fourth quarter of fiscal 2024, showcasing a remarkable 16% increase in revenues, amounting to €45.9 billion. This significant growth is a testament to the company's robust performance across various segments.

Financial Highlights

The net income for the quarter saw an impressive jump of 16.9%, reaching €2.6 billion. Moreover, the operating profit climbed by 10.9% to €4.2 billion, and the core earnings per share (EPS) surged 5.1% year-over-year to €6.31.

Annual Achievements

For the entire fiscal year 2024, Allianz reported total revenues of €179.8 billion, marking an 11.2% increase. The net income rose by 16.7% to €10.5 billion, with core EPS advancing by 12.4% to €25.42.

CEO's Insight

"In 2024, Allianz delivered another set of record financial results, which are underpinned by strong performance across all segments, consistently high customer satisfaction, and record employee engagement. Allianz remains the trusted partner of choice for our customers in a global context in which above-average levels of natural catastrophes, armed conflicts, and deepening polarization continue to create considerable volatility," CEO Oliver Bate commented.