Europe's largest insurer by market capitalization delivered record operating profit for 2025 as it reported growth across its key metrics in the final quarter.
Mohamed El-Erian, chief economic advisor at Allianz, joins 'Squawk on the Street' to discuss jobs growth, the affordability issue, the Fed rate cut and more.
Allianz plans to deploy artificial intelligence (AI) throughout its insurance business around the world with the help of Anthropic. The financial services provider and the AI startup have formed a global partnership to make this happen, and the first projects are already underway, the companies said in a Friday (Jan. 9) press release.
I present my top 10 high-yield dividend-paying companies for 2026, emphasizing sustainable income, growth, and capital appreciation. Selections include AXA, Allianz, PepsiCo, Verizon, Nestlé, Realty Income, VICI Properties, Altria, Chevron, and Petrobras, all meeting strict yield, valuation, and size criteria. These companies offer attractive forward dividend yields, strong dividend growth records, competitive industry positioning, and current valuations that provide a margin of safety.
CNBC's "Closing Bell" team discusses the upcoming jobs report, economic outlook and more with Mohamed El-Erian, chief economic advisor at Allianz.
German insurance group Allianz plans to cut up to 1,800 jobs in its travel insurance division, mainly in call centres, as artificial intelligence increasingly replaces manual processes, a source familiar with the plans told Reuters on Wednesday.
Allianz delivered solid Q3 results with record EBIT, strong EPS growth, and an upgraded 2025 operating profit guidance. Despite operational strength, the company's business volume growth is decelerating, assumption changes hit the L&H segment, and its solvency ratio lags peers like Zurich Insurance. ALIZF's valuation remains fair, above its historical average, leading to a maintained neutral rating with shares near fair value.
Allianz derived 18% of its Q3 2025 operating income from asset management, with the company boasting significant net flows during the quarter. Property/casualty insurance operating income surged Y/Y in Q3 2025, partially benefiting from lower losses in retail. Despite solid 2024-2025 core EPS growth, Allianz has trailed peers held in EUFN so far this year principally due to the company's already high valuation.
A cyberattack at U.S. insurance firm Allianz Life in late July compromised the personal data of 1.1 million customers, according to breach notification site Have I Been Pwned on Monday.
Allianz delivered strong H1 results, with record operating profit and robust balance sheet metrics, but no change to 2025 guidance. ALIZF's valuation remains fair, as the stock trades above its historical average P/E and close to our calculated fair value, limiting further upside. Business performance is solid, but much of the recent beat stems from lower corporate center costs and a €300 million one-off, which is not sustainable.
Allianz SE (OTCPK:ALIZF) Q2 2025 Earnings Conference Call August 7, 2025 8:00 AM ET Company Participants Andrew James Ritchie - Head of Investor Relations Claire-Marie Thomas Coste-Lepoutre - CFO & Member of the Board of Management Oliver Bate - Chairman of the Management Board & CEO Conference Call Participants Andrew Baker - Goldman Sachs Group, Inc., Research Division Andrew Sinclair - BofA Securities, Research Division Andrew John Crean - Bernstein Autonomous LLP Fahad Usman Changazi - Kepler Cheuvreux, Research Division Iain Pearce - BNP Paribas Exane, Research Division James Austin Shuck - Citigroup Inc., Research Division Michael Igor Huttner - Joh. Berenberg, Gossler & Co. KG, Research Division Vinit Malhotra - Mediobanca—Banca di credito finanziario S.p.A.
Hackers who breached U.S. insurance giant Allianz Life earlier this month stole reams of customer Social Security numbers, according to notifications filed with several U.S. states and seen by TechCrunch.