Allianz beats Q2 profit forecast, reaffirms 2025 outlook
Photo: Reuters
Allianz reported a stronger-than-expected 13% rise in Q2 net profit, reaching €2.84 billion, surpassing analyst forecasts of €2.76 billion.
The growth was driven by strong performance in its property and casualty segment and a €300 million gain from a joint venture with UniCredit, News.Az reports, citing Reuters.
The German insurer confirmed its 2025 operating profit target of €15–17 billion, with CEO Oliver Baete calling the first-half results a “record performance.”
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