---
title: "Allianz Profit Rises on Robust Property-Casualty Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286203738.md"
description: "Allianz reported a net profit of 3.69 billion euros for Q1, up from 2.42 billion euros a year earlier, driven by strong performance in property-casualty and asset management. Total business volume increased by 3.5% to 53 billion euros, with property-casualty business volume at 28.3 billion euros, reflecting a 6.8% growth. The group operating profit rose 6.6% to 4.52 billion euros, surpassing analyst expectations of 4.37 billion euros. Allianz maintains its profit outlook of 17.4 billion euros for 2026, highlighting the strength of its diversified portfolio."
datetime: "2026-05-13T05:55:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286203738.md)
  - [en](https://longbridge.com/en/news/286203738.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286203738.md)
---

# Allianz Profit Rises on Robust Property-Casualty Results

By Aimee Look

Allianz's profit rose in the first quarter, with its property-casualty and asset management portfolios leadingbusiness volume growth.

Europe's largest insurer by market capitalization booked 3.69 billion euros, equivalent to $4.33 billion, in net profit attributable to shareholders, compared with 2.42 billion euros in the same period a year ago.

Total business volume, or revenue, grew 3.5% on an internal basis, to 53 billion euros. The German group said the metric was bolstered by strong development in property-casualty and asset management.

For the property-casualty section, business volume was 28.3 billion euros, with 6.8% internal growth from the year prior.

"Allianz's first-quarter performance reflects the quality of our diversified portfolio," Chief Financial Officer Claire-Marie Coste-Lepoutre said.

The insurer said group operating profit rose 6.6% to record 4.52 billion euros. Median analyst estimates were for group operating profit of 4.37 billion euros, according to company-compiled figures.

Write to Aimee Look at aimee.look@wsj.com

(END) Dow Jones Newswires

May 13, 2026 01:41 ET (05:41 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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