Allianz posts 52% rise in Q1 profit, to meet 2026 goal

Allianz SE

13/05/2026 06:07

FRANKFURT, May 13 (Reuters) - Germany's Allianz ALVG.DE on Wednesday posted a 52% rise in first-quarter net profit, in line with expectations, and said it was on track to meet its full-year target.

Net profit attributable to shareholders of 3.690 billion euros ($4.33 billion) in the three months through March compares with profit of 2.423 billion euros a year earlier. Analysts had expected a 3.654 billion euro profit, according to a consensus forecast.

($1 = 0.8523 euros)

 (Reporting by Tom Sims and Alexander Huebner, editing by Kirsti Knolle)

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