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Allianz posts 2.1% fall in Q1 net profit but confirms 2025 target

Published by Global Banking & Finance Review

Posted on May 15, 2025

1 min read

· Last updated: January 23, 2026

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Allianz posts 2.1% fall in Q1 net profit but confirms 2025 target
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Allianz Experiences 2.1% Q1 Profit Decline, 2025 Target Stands

FRANKFURT (Reuters) - Germany's Allianz on Thursday posted a worse-than-expected 2.1% fall in first-quarter net profit but confirmed its target for the full year.

Net profit attributable to shareholders of 2.423 billion euros ($2.71 billion) in the three months through March compares with profit of 2.475 billion euros a year earlier. The figure fell short of a 2.702 billion euro consensus forecast.

A one-time tax provision for the sale of a venture in India pressured results, the company said.

For 2025, the company expects operating profit of between 15 billion euros and 17 billion euros, compared with 16.0 billion euros in 2024.

($1 = 0.8937 euros)

(Reporting by Tom Sims, Editing by Rachel More)

Key Takeaways

  • Allianz's Q1 net profit fell by 2.1% to 2.423 billion euros.
  • The profit figure missed the consensus forecast of 2.702 billion euros.
  • A tax provision related to an Indian venture sale impacted results.
  • Allianz maintains its 2025 operating profit target of 15-17 billion euros.
  • The company expects 16 billion euros in operating profit for 2024.

Frequently Asked Questions

What is the main topic?
The article discusses Allianz's Q1 net profit decline and its confirmation of the 2025 financial target.
Why did Allianz's profit fall?
A one-time tax provision related to the sale of a venture in India pressured the results.
What are Allianz's future profit expectations?
Allianz expects an operating profit of 15-17 billion euros by 2025.

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