Record-Breaking Q4 Performance

Allianz SE has reported a remarkable 16% increase in its fourth-quarter revenues for fiscal 2024, reaching an impressive €45.9 billion. This growth is a testament to the company's robust performance and strategic positioning in a volatile global market.

Financial Highlights

The company's net income saw a significant jump of 16.9% to €2.6 billion, compared to the previous year. Operating profit also increased by 10.9%, standing at €4.2 billion, while core earnings per share (EPS) surged 5.1% to €6.31.

Full-Year Achievements

For the entire fiscal year 2024, Allianz's total revenues grew by 11.2% to €179.8 billion. Net income rose by 16.7% to €10.5 billion, and core EPS advanced by 12.4% to €25.42, showcasing the company's strong financial health and operational efficiency.

CEO's Insight

"2024 was a year of record financial results for Allianz, driven by strong performance across all segments, high customer satisfaction, and record employee engagement. Despite global challenges, Allianz remains a trusted partner for our customers," stated CEO Oliver Bate, highlighting the company's resilience and commitment to excellence.