Allianz stock gains as Q3 profit hits EUR 4.7 billion
Published on 11/12/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAllianz strengthens its 2026 outlook
- Allianz delivered record nine-month operating profit, with all business segments contributing.
- Asset Management was the main growth driver, while Property-Casualty remained resilient despite higher catastrophe losses.
- The company said its raised target remains exposed to major natural catastrophes and capital-market events.
Allianz reported a strong third quarter and record nine-month performance on Thursday, November 12, 2026. In its 3Q 2026 earnings release, the insurer said quarterly operating profit rose 6.2 percent to 4.7 billion euros despite high capital-market volatility and elevated natural-catastrophe losses.
Record result supports higher target
For the first nine months, operating profit increased 7.8 percent to a record 14.1 billion euros. Total business volume reached 143.0 billion euros, with internal growth of 3.8 percent. Allianz said all business segments were ahead of their pro-rata full-year operating-profit outlooks, while Asset Management was the main growth driver.
Shareholders' core net income rose 10.6 percent to 9.3 billion euros. In Property-Casualty, the nine-month operating result increased 3.2 percent to 7.1 billion euros, while the combined ratio stood at 92.2 percent and remained within the company's full-year range.
Guidance leaves a demanding final quarter
Following the performance, Allianz raised the upper end of its 2026 operating-profit target to around 18.6 billion euros from a starting range of 17.4 billion euros plus or minus 1 billion euros. The company cautioned that significant natural catastrophes or major capital-market events could affect the outcome.
Allianz stock traded at 472.85 euros on Lang & Schwarz at 17:05 CET on Thursday, November 12, 2026, 1.996 percent above the Xetra close of Wednesday, November 11.
Allianz SE stock facts
- Company: Allianz SE
- ISIN: DE0008404005
- Ticker: ALV
- Home exchange: Xetra
- Lang & Schwarz quote: 472.85 euros, Thursday, November 12, 2026, 17:05 CET
- Comparison: 1.996 percent above the Xetra close of Wednesday, November 11, 2026
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