nt to 4.3 billion euros, driven by excellent contribution from the Property-Casualty segment

Shareholders’ core net incomeadvances 12.2 percent and reaches 2.7 billion euros


Outlook & other


For2026, Allianz targets anoperating profit of 17.4 billion euros, plus or minus 1 billion euros3

Management to propose adividend per shareof 17.10 euros, an increase of 11.0 percent from 2024

Allianz has announced a newshare buy-back programof up to 2.5 billion euros on February 25, 2026


CEO comment

“Allianz’s record results for 2025 demonstrate – again – our ability to deliver reliably, including in rapidly shifting and increasingly divisive environments. The strength of our performance and fundamentals goes well beyond our financial discipline and operational resilience. Our success is also powered by our leading brand strength, record customer loyalty, and highly motivat
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