Record-Breaking Financial Performance

Allianz SE has announced an impressive 16% increase in revenues for the fourth quarter of fiscal 2024, totaling €45.9 billion compared to the previous year. This remarkable growth is a testament to the company's robust financial health and strategic market positioning.

Significant Growth in Net Income and EPS

The company also reported a 16.9% surge in net income, reaching €2.6 billion, alongside a 5.1% increase in core earnings per share (EPS) to €6.31. Operating profit saw a 10.9% rise, amounting to €4.2 billion, highlighting Allianz's operational efficiency and strong market demand for its services.

Full Fiscal Year Highlights

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. These figures underscore Allianz's consistent performance and its ability to navigate through global economic challenges.

CEO's Perspective

"2024 was a year of record financial results for Allianz, driven by strong performance across all segments, high customer satisfaction, and record employee engagement. In a world facing above-average natural catastrophes, armed conflicts, and deepening polarization, Allianz remains a trusted partner for our customers," stated CEO Oliver Bate, emphasizing the company's resilience and commitment to its stakeholders.