| page | 1 |
|---|
| marker | "1" |
|---|
| host | "Exchange rates spot by currency⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 1 |
|---|
| marker | "1" |
|---|
| text | "Source: WM/Reuters." |
|---|
| printed_on | 1 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 1 |
|---|
| marker | "1" |
|---|
| host | "Exchange rates average by currency⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 1 |
|---|
| marker | "1" |
|---|
| text | "Source: WM/Reuters." |
|---|
| printed_on | 1 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 1 |
|---|
| marker | "3" |
|---|
| host | "Valuation rates by currency and duration, IFRS 17⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 1 |
|---|
| marker | "3" |
|---|
| text | "The table sets out the continuously compounded market rates used to discount the cash flows of insurance contracts for major currencies. Source: LSEG Data & Analytics; internal processing of market quotes." |
|---|
| printed_on | 1 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 1 |
|---|
| marker | "2" |
|---|
| host | "Traditional participating and other insurance contracts⟦⟧——————————" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 1 |
|---|
| marker | "2" |
|---|
| text | "Ranges in valuation rates reflect different liquidity characteristics of insurance portfolios in a given currency." |
|---|
| printed_on | 1 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 1 |
|---|
| marker | "3" |
|---|
| host | "Valuation rates by currency and duration, IFRS 17⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 1 |
|---|
| marker | "3" |
|---|
| text | "The table sets out the continuously compounded market rates used to discount the cash flows of insurance contracts for major currencies. Source: LSEG Data & Analytics; internal processing of market quotes." |
|---|
| printed_on | 1 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 1 |
|---|
| marker | "2" |
|---|
| host | "Traditional participating and other insurance contracts⟦⟧——————————" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 1 |
|---|
| marker | "2" |
|---|
| text | "Ranges in valuation rates reflect different liquidity characteristics of insurance portfolios in a given currency." |
|---|
| printed_on | 1 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 1 |
|---|
| marker | "3" |
|---|
| host | "Valuation rates by currency and duration, IFRS 17⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 1 |
|---|
| marker | "3" |
|---|
| text | "The table sets out the continuously compounded market rates used to discount the cash flows of insurance contracts for major currencies. Source: LSEG Data & Analytics; internal processing of market quotes." |
|---|
| printed_on | 1 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 1 |
|---|
| marker | "2" |
|---|
| host | "Traditional participating and other insurance contracts⟦⟧—————" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 1 |
|---|
| marker | "2" |
|---|
| text | "Ranges in valuation rates reflect different liquidity characteristics of insurance portfolios in a given currency." |
|---|
| printed_on | 1 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 4 |
|---|
| marker | "4" |
|---|
| host | "Operating SII earnings / business evolution⟦⟧3.10.35%-p13.01.025%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 4 |
|---|
| marker | "4" |
|---|
| text | "Operating SII earnings after tax/before dividend." |
|---|
| printed_on | 4 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 4 |
|---|
| marker | "5" |
|---|
| host | "Market impact⟦⟧1.1-0.23%-p-0.2-0.84%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 4 |
|---|
| marker | "5" |
|---|
| text | "For SCR including cross effects and policyholder participation." |
|---|
| printed_on | 4 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 4 |
|---|
| marker | "8" |
|---|
| host | "Dividends and share buy-back⟦⟧-2.10.0-5%-p-8.50.0-20%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 4 |
|---|
| marker | "8" |
|---|
| text | "After tax." |
|---|
| printed_on | 4 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 4 |
|---|
| marker | "6" |
|---|
| host | "Management actions, debt and other⟦⟧-1.2-0.2-2%-p-2.00.4-6%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 4 |
|---|
| marker | "6" |
|---|
| text | "Other effects on SCR include diversification effects." |
|---|
| printed_on | 4 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 4 |
|---|
| marker | "7" |
|---|
| host | "Combined scenario⟦⟧(IR -50bps, CS +50bps, EQ -30%)-22%-p196%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 4 |
|---|
| marker | "7" |
|---|
| text | "Including cross effects." |
|---|
| printed_on | 4 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 5 |
|---|
| marker | "9" |
|---|
| host | "Net cash investments⟦⟧11.49.220.520.32.52.3-8.0-9.20.1-0.126.622.5" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 5 |
|---|
| marker | "9" |
|---|
| text | "Net of liabilities from securities lending and including liabilities from cash pooling." |
|---|
| printed_on | 5 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 5 |
|---|
| marker | "10" |
|---|
| host | "Derivatives⟦⟧-0.20.23.69.80.00.00.0-0.20.60.74.010.6" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 5 |
|---|
| marker | "10" |
|---|
| text | "Net of liabilities." |
|---|
| printed_on | 5 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 5 |
|---|
| marker | "11" |
|---|
| host | "Real estate⟦⟧3.93.219.618.90.00.00.80.80.00.024.323.0" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 5 |
|---|
| marker | "11" |
|---|
| text | "Excludes real estate held for own use measured at amortized cost." |
|---|
| printed_on | 5 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 6 |
|---|
| marker | "12" |
|---|
| host | "In EUR millionLife/HealthProperty-CasualtyAllianz Group⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 6 |
|---|
| marker | "12" |
|---|
| text | "Life/Health and Property-Casualty figures don't add up due to consolidation effects." |
|---|
| printed_on | 6 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 6 |
|---|
| marker | "13" |
|---|
| host | "Opening gross CSM⟦⟧55,54356,7892026455,73456,851" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 6 |
|---|
| marker | "13" |
|---|
| text | "Life/Health and Group include gross CSM of EUR 0.8bn as of 31.12.2024 and 01.01.2025 for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the 3Q 24. Effective 01.01.2025, the German APR and the Austrian health businesses have been transferred from the Property-Casualty segment to the Life/Health segment resulting in a EUR 1.2bn shift in the gross CSM opening balance." |
|---|
| printed_on | 6 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 6 |
|---|
| marker | "13" |
|---|
| host | "Opening gross CSM⟦⟧55,54356,789" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 6 |
|---|
| marker | "13" |
|---|
| text | "Life/Health and Group include gross CSM of EUR 0.8bn as of 31.12.2024 and 01.01.2025 for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the 3Q 24. Effective 01.01.2025, the German APR and the Austrian health businesses have been transferred from the Property-Casualty segment to the Life/Health segment resulting in a EUR 1.2bn shift in the gross CSM opening balance." |
|---|
| printed_on | 6 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 6 |
|---|
| marker | "14" |
|---|
| host | "Change in scope⟦⟧0-802" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 6 |
|---|
| marker | "14" |
|---|
| text | "The change in scope refers to the sale of UniCredit Allianz Vita S.p.A., which was completed in 2Q 25." |
|---|
| printed_on | 6 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 7 |
|---|
| marker | "15" |
|---|
| host | "Total business volume⟦⟧48,41042,63542,82045,913179,77854,01444,45942,77545,690186,9384.0%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 7 |
|---|
| marker | "15" |
|---|
| text | "Total business volume comprises gross premiums written and fee and commission income in Property-Casualty, statutory gross premiums in Life/Health, and operating revenues in Asset Management." |
|---|
| printed_on | 7 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 7 |
|---|
| marker | "16" |
|---|
| host | "Other⟦⟧-6840207-31149-49-352-54-136n.m." |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 7 |
|---|
| marker | "16" |
|---|
| text | "Including hyperinflation result, tax reclassifications from the Life/Health segment, and reclassification impacts from the Asset Management segment." |
|---|
| printed_on | 7 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 7 |
|---|
| marker | "17" |
|---|
| host | "Core return on equity⟦⟧(in %)16.916.916.916.916.918.118.118.118.118.11.2%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 7 |
|---|
| marker | "17" |
|---|
| text | "For current year periods and prior year periods, the core return on equity for the respective full year is shown." |
|---|
| printed_on | 7 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 7 |
|---|
| marker | "18" |
|---|
| host | "Average shareholders' equity⟦⟧used for core RoE calculationn.m.n.m.n.mn.m.58,544n.m.n.m.n.m.n.m.60,6193.5%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 7 |
|---|
| marker | "18" |
|---|
| text | "Shareholders‘ equity excluding undated subordinated bonds classified as shareholders’ equity, unrealized gains and losses from insurance contracts and other unrealized gains and losses." |
|---|
| printed_on | 7 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 8 |
|---|
| marker | "19" |
|---|
| host | "Net income attributable to shareholders - basic⟦⟧2,4752,3692,4712,4729,7882,4232,7022,8232,65510,6038.3%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 8 |
|---|
| marker | "19" |
|---|
| text | "Adjusted for net financial charges related to undated subordinated bonds classified as shareholders’ equity. For core EPS basic and core EPS diluted, net financial charges excluding any foreign currency translation effects incurred in the redemption of these bonds." |
|---|
| printed_on | 8 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 8 |
|---|
| marker | "19" |
|---|
| host | "Shareholders' core net income - basic⟦⟧2,5132,3932,5342,4349,8742,5502,8372,8382,72710,95310.9%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 8 |
|---|
| marker | "19" |
|---|
| text | "Adjusted for net financial charges related to undated subordinated bonds classified as shareholders’ equity. For core EPS basic and core EPS diluted, net financial charges excluding any foreign currency translation effects incurred in the redemption of these bonds." |
|---|
| printed_on | 8 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 9 |
|---|
| marker | "20" |
|---|
| host | "Total business volume⟦⟧25,48819,27818,58319,53482,88327,00820,12619,73419,87386,7414.7%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 9 |
|---|
| marker | "20" |
|---|
| text | "Total business volume comprises gross premiums written and fee and commission income." |
|---|
| printed_on | 9 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 9 |
|---|
| marker | "21" |
|---|
| host | "Interest and similar income⟦⟧1,1621,2901,2231,3054,9801,2171,1801,1371,2044,737-4.9%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 9 |
|---|
| marker | "21" |
|---|
| text | "Net of interest expenses." |
|---|
| printed_on | 9 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 9 |
|---|
| marker | "22" |
|---|
| host | "Valuation result & other⟦⟧-168-218-250-175-811-150-146-118-136-549-32.2%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 9 |
|---|
| marker | "22" |
|---|
| text | "Other comprises realized gains/losses, investment expenses, F/X gains/losses on insurance assets/liabilities and other." |
|---|
| printed_on | 9 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 9 |
|---|
| marker | "23" |
|---|
| host | "Other⟦⟧-97-51113-283-318-56-37-46-87-226-28.9%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 9 |
|---|
| marker | "23" |
|---|
| text | "Including hyperinflation result." |
|---|
| printed_on | 9 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 9 |
|---|
| marker | "25" |
|---|
| host | "Loss ratio⟦⟧(in %)67.369.269.870.769.367.767.468.369.868.3-1.0%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 9 |
|---|
| marker | "25" |
|---|
| text | "Reinsurance ratio: 3.8% in 4Q 25 (4Q 24: 1.9%), 3.8% in 12M 25 (12M 24: 3.9%)." |
|---|
| printed_on | 9 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 9 |
|---|
| marker | "26" |
|---|
| host | "Core return on equity⟦⟧(in %)13.513.513.513.513.515.115.115.115.115.11.6%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 9 |
|---|
| marker | "26" |
|---|
| text | "For current year periods and prior year periods, the core return on equity for the respective full year is shown." |
|---|
| printed_on | 9 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 9 |
|---|
| marker | "24" |
|---|
| host | "Risk adjustment (net of reinsurance)⟦⟧1,4721,4601,5011,4991,4991,4661,4461,4231,4421,442-3.8%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 9 |
|---|
| marker | "24" |
|---|
| text | "Refers to liability of incurred claims (LIC), not directly related to the loss ratio." |
|---|
| printed_on | 9 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 10 |
|---|
| marker | "27" |
|---|
| host | "In EUR millionTotal business volume⟦⟧Operating insurance revenueOperating profit (loss)Combined ratioLoss ratioExpense ratio" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 10 |
|---|
| marker | "27" |
|---|
| text | "Total business volume comprises gross premiums written and fee and commission income." |
|---|
| printed_on | 10 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 10 |
|---|
| marker | "28" |
|---|
| host | "Internal growth⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 10 |
|---|
| marker | "28" |
|---|
| text | "This reflects the growth of total business volume on an internal basis, adjusted for foreign currency translation and (de-)consolidation effects." |
|---|
| printed_on | 10 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 10 |
|---|
| marker | "29" |
|---|
| host | "thereof: AGCS excluding fronting & captives⟦⟧7,8807,7887.87,0266,58882578092.992.770.968.922.023.8" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 10 |
|---|
| marker | "29" |
|---|
| text | "Internal growth exlcudes Arch transaction." |
|---|
| printed_on | 10 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 10 |
|---|
| marker | "30" |
|---|
| host | "Consolidation⟦⟧-5,173-5,096n.m.-3,728-3,73412n.m.n.m.n.m.n.m.n.m.n.m.n.m." |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 10 |
|---|
| marker | "30" |
|---|
| text | "Represents elimination of transactions between Allianz Group entities in different geographic regions." |
|---|
| printed_on | 10 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 11 |
|---|
| marker | "31" |
|---|
| host | "In EUR millionTotal business volume⟦⟧Operating insurance revenueOperating profit (loss)Combined ratioLoss ratioExpense ratio" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 11 |
|---|
| marker | "31" |
|---|
| text | "Total business volume comprises gross premiums written and fee and commission income." |
|---|
| printed_on | 11 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 11 |
|---|
| marker | "32" |
|---|
| host | "Internal growth⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 11 |
|---|
| marker | "32" |
|---|
| text | "This reflects the growth of total business volume on an internal basis, adjusted for foreign currency translation and (de-)consolidation effects." |
|---|
| printed_on | 11 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 11 |
|---|
| marker | "33" |
|---|
| host | "thereof: AGCS excluding fronting & captives⟦⟧1,7651,9479.41,6111,74714818996.393.975.069.321.224.6" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 11 |
|---|
| marker | "33" |
|---|
| text | "Internal growth exlcudes Arch transaction." |
|---|
| printed_on | 11 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 11 |
|---|
| marker | "34" |
|---|
| host | "Consolidation⟦⟧-1,007-949n.m.-1,035-9535649n.m.n.m.n.m.n.m.n.m.n.m." |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 11 |
|---|
| marker | "34" |
|---|
| text | "Represents elimination of transactions between Allianz Group entities in different geographic regions." |
|---|
| printed_on | 11 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 12 |
|---|
| marker | "35" |
|---|
| host | "In EUR millionProperty-CasualtyRetail lines⟦⟧Commercial lines Not allocated" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 12 |
|---|
| marker | "35" |
|---|
| text | "Retail including SME and Fleet." |
|---|
| printed_on | 12 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 12 |
|---|
| marker | "36" |
|---|
| host | "In EUR millionProperty-CasualtyRetail lines Commercial lines⟦⟧Not allocated" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 12 |
|---|
| marker | "36" |
|---|
| text | "Commercial including large corporate, MidCorp, credit insurance, internal and 3rd party reinsurance." |
|---|
| printed_on | 12 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 12 |
|---|
| marker | "37" |
|---|
| host | "Total business volume⟦⟧82,88386,74150,22952,78932,71133,828-58124" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 12 |
|---|
| marker | "37" |
|---|
| text | "Total business volume comprises gross premiums written and fee and commission income." |
|---|
| printed_on | 12 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 13 |
|---|
| marker | "38" |
|---|
| host | "In EUR millionProperty-CasualtyRetail lines⟦⟧Commercial lines Not allocated" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 13 |
|---|
| marker | "38" |
|---|
| text | "Retail including SME and Fleet." |
|---|
| printed_on | 13 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 13 |
|---|
| marker | "39" |
|---|
| host | "In EUR millionProperty-CasualtyRetail lines Commercial lines⟦⟧Not allocated" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 13 |
|---|
| marker | "39" |
|---|
| text | "Commercial including large corporate, MidCorp, credit insurance, internal and 3rd party reinsurance." |
|---|
| printed_on | 13 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 13 |
|---|
| marker | "40" |
|---|
| host | "Total business volume⟦⟧19,53419,87312,13212,7307,3957,129714" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 13 |
|---|
| marker | "40" |
|---|
| text | "Total business volume comprises gross premiums written and fee and commission income." |
|---|
| printed_on | 13 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 14 |
|---|
| marker | "41" |
|---|
| host | "Total business volume⟦⟧21,10421,54722,38924,27789,31725,02422,54121,10723,64292,3143.4%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 14 |
|---|
| marker | "41" |
|---|
| text | "Total business volume comprises statutory gross premiums." |
|---|
| printed_on | 14 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 14 |
|---|
| marker | "42" |
|---|
| host | "Variances from claims and expenses⟦⟧-371612655617-51503046-18.7%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 14 |
|---|
| marker | "42" |
|---|
| text | "Including operating reinsurance result." |
|---|
| printed_on | 14 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 14 |
|---|
| marker | "43" |
|---|
| host | "Other (including tax reclassifications)⟦⟧259390-4516383945-3259-63.5%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 14 |
|---|
| marker | "43" |
|---|
| text | "Including hyperinflation result." |
|---|
| printed_on | 14 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 14 |
|---|
| marker | "45" |
|---|
| host | "Core return on equity⟦⟧(in %)16.316.316.316.316.315.215.215.215.215.2-1.1%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 14 |
|---|
| marker | "45" |
|---|
| text | "For current year periods and prior year periods, the core return on equity for the respective full year is shown." |
|---|
| printed_on | 14 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 14 |
|---|
| marker | "44" |
|---|
| host | "Risk adjustment (gross of reinsurance)⟦⟧4,7144,7464,7484,9284,9284,9484,8324,7884,8364,836-1.9%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 14 |
|---|
| marker | "44" |
|---|
| text | "Refers to liability for remaining coverage (LRC)." |
|---|
| printed_on | 14 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 15 |
|---|
| marker | "46" |
|---|
| host | "Central Europe⟦⟧1,6332,0749.910.6162220" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 15 |
|---|
| marker | "46" |
|---|
| text | "Includes the Austrian health business from 01.01.2025." |
|---|
| printed_on | 15 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 16 |
|---|
| marker | "47" |
|---|
| host | "Central Europe⟦⟧4566059.210.44263" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 16 |
|---|
| marker | "47" |
|---|
| text | "Includes the Austrian health business from 01.01.2025." |
|---|
| printed_on | 16 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 17 |
|---|
| marker | "48" |
|---|
| host | "In EUR millionTotal business volume⟦⟧Operating insurance revenueOperating profit (loss)Contractual service margin" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 17 |
|---|
| marker | "48" |
|---|
| text | "Total business volume comprises statutory gross premiums." |
|---|
| printed_on | 17 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 17 |
|---|
| marker | "49" |
|---|
| host | "In EUR millionTotal business volume Operating insurance revenueOperating profit (loss)Contractual service margin⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 17 |
|---|
| marker | "49" |
|---|
| text | "Includes gross CSM of EUR 0.8bn as of 31.12.2024, for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the 3Q 24. Sale has been completed in 2Q 25." |
|---|
| printed_on | 17 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 17 |
|---|
| marker | "50" |
|---|
| host | "Internal growth⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 17 |
|---|
| marker | "50" |
|---|
| text | "This reflects the growth of total business volume on an internal basis, adjusted for foreign currency translation and (de-)consolidation effects." |
|---|
| printed_on | 17 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 17 |
|---|
| marker | "51" |
|---|
| host | "Central Europe⟦⟧2,1182,4025.01,0441,3095175882,0022,951" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 17 |
|---|
| marker | "51" |
|---|
| text | "Includes the Austrian health business from 01.01.2025." |
|---|
| printed_on | 17 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 17 |
|---|
| marker | "52" |
|---|
| host | "Consolidation and Other⟦⟧-135-507n.m.-145-128-35-39-132-108" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 17 |
|---|
| marker | "52" |
|---|
| text | "Includes small entities and elimination of transactions between Allianz Group entities in different geographic regions." |
|---|
| printed_on | 17 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 18 |
|---|
| marker | "53" |
|---|
| host | "In EUR millionTotal business volume⟦⟧Operating insurance revenueOperating profit (loss)Contractual service margin" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 18 |
|---|
| marker | "53" |
|---|
| text | "Total business volume comprises statutory gross premiums." |
|---|
| printed_on | 18 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 18 |
|---|
| marker | "54" |
|---|
| host | "In EUR millionTotal business volume Operating insurance revenueOperating profit (loss)Contractual service margin⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 18 |
|---|
| marker | "54" |
|---|
| text | "Includes gross CSM of EUR 0.8bn as of 31.12.2024, for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the 3Q 24. Sale has been completed in 2Q 25." |
|---|
| printed_on | 18 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 18 |
|---|
| marker | "55" |
|---|
| host | "Internal growth⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 18 |
|---|
| marker | "55" |
|---|
| text | "This reflects the growth of total business volume on an internal basis, adjusted for foreign currency translation and (de-)consolidation effects." |
|---|
| printed_on | 18 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 18 |
|---|
| marker | "56" |
|---|
| host | "Central Europe⟦⟧5516457.92763541281452,0022,951" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 18 |
|---|
| marker | "56" |
|---|
| text | "Includes the Austrian health business from 01.01.2025." |
|---|
| printed_on | 18 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 18 |
|---|
| marker | "57" |
|---|
| host | "Consolidation and Other⟦⟧-25-25n.m.-25-45-0-5-132-108" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 18 |
|---|
| marker | "57" |
|---|
| text | "Includes small entities and elimination of transactions between Allianz Group entities in different geographic regions." |
|---|
| printed_on | 18 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "58" |
|---|
| host | "12M 2412M 25⟦⟧12M 2412M 25 12M 2412M 25 12M 2412M 25 12M 2412M 25" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "58" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "58" |
|---|
| host | "12M 2412M 25 12M 2412M 25⟦⟧12M 2412M 25 12M 2412M 25 12M 2412M 25" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "58" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "58" |
|---|
| host | "12M 2412M 25 12M 2412M 25 12M 2412M 25⟦⟧12M 2412M 25 12M 2412M 25" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "58" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "58" |
|---|
| host | "12M 2412M 25 12M 2412M 25 12M 2412M 25 12M 2412M 25⟦⟧12M 2412M 25" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "58" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "58" |
|---|
| host | "12M 2412M 25 12M 2412M 25 12M 2412M 25 12M 2412M 25 12M 2412M 25⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "58" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "59" |
|---|
| host | "Variances from claims and expenses⟦⟧564649188-15-21-18-2640-96" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "59" |
|---|
| text | "Including operating reinsurance result." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "60" |
|---|
| host | "Total business volume⟦⟧89,31792,31440,88441,75919,92221,40515,31915,90813,19113,242" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "60" |
|---|
| text | "Total business volume comprises statutory gross premiums." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "61" |
|---|
| host | "Contractual service margin (gross)⟦⟧55,57155,70317,19016,2456,0456,38217,38818,01814,94815,058" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "61" |
|---|
| text | "Includes gross CSM of EUR 0.8bn as of 31.12.2024, for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the 3Q 24. Sale has been completed in 2Q 25." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 19 |
|---|
| marker | "62" |
|---|
| host | "PVFCF⟦⟧649,968633,941234,052237,65983,79478,99046,64845,147285,474272,145" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 19 |
|---|
| marker | "62" |
|---|
| text | "Refers to liability for remaining coverage (LRC). Includes gross PVFCF of 21.2bn as of 31.12.2024, for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the 3Q 24. Sale has been completed in 2Q 25." |
|---|
| printed_on | 19 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "63" |
|---|
| host | "4Q 244Q 25⟦⟧4Q 244Q 25 4Q 244Q 25 4Q 244Q 25 4Q 244Q 25" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "63" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "63" |
|---|
| host | "4Q 244Q 25 4Q 244Q 25⟦⟧4Q 244Q 25 4Q 244Q 25 4Q 244Q 25" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "63" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "63" |
|---|
| host | "4Q 244Q 25 4Q 244Q 25 4Q 244Q 25⟦⟧4Q 244Q 25 4Q 244Q 25" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "63" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "63" |
|---|
| host | "4Q 244Q 25 4Q 244Q 25 4Q 244Q 25 4Q 244Q 25⟦⟧4Q 244Q 25" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "63" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "63" |
|---|
| host | "4Q 244Q 25 4Q 244Q 25 4Q 244Q 25 4Q 244Q 25 4Q 244Q 25⟦⟧" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "63" |
|---|
| text | "Includes the German APR and the Austrian health businesses from 01.01.2025." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "64" |
|---|
| host | "Variances from claims and expenses⟦⟧653064505-11-652-14" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "64" |
|---|
| text | "Including operating reinsurance result." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "65" |
|---|
| host | "Total business volume⟦⟧24,27723,64211,32310,0265,4955,9063,9053,9203,5543,791" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "65" |
|---|
| text | "Total business volume comprises statutory gross premiums." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "66" |
|---|
| host | "Contractual service margin (gross)⟦⟧55,57155,70317,19016,2456,0456,38217,38818,01814,94815,058" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "66" |
|---|
| text | "Includes gross CSM of EUR 0.8bn as of 31.12.2024, for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the 3Q 24. Sale has been completed in 2Q 25." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 20 |
|---|
| marker | "67" |
|---|
| host | "PVFCF⟦⟧649,968633,941234,052237,65983,79478,99046,64845,147285,474272,145" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 20 |
|---|
| marker | "67" |
|---|
| text | "Refers to liability for remaining coverage (LRC). Includes gross PVFCF of 21.2bn as of 31.12.2024, for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the 3Q 24. Sale has been completed in 2Q 25." |
|---|
| printed_on | 20 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 21 |
|---|
| marker | "68" |
|---|
| host | "Operating profit⟦⟧7737427829413,2398117798289283,3453.3%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 21 |
|---|
| marker | "68" |
|---|
| text | "Includes operating result from PIMCO, AllianzGI and other entities." |
|---|
| printed_on | 21 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 21 |
|---|
| marker | "69" |
|---|
| host | "Other⟦⟧2-14380-271-2-29n.m." |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 21 |
|---|
| marker | "69" |
|---|
| text | "Includes mainly reclassification effects from operating to non-operating result related to a disposal of an investment as of 30.06.2025 and, if applicable, acquisition-related expenses, income taxes related incidental benefits/expenses and litigation expenses." |
|---|
| printed_on | 21 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 21 |
|---|
| marker | "70" |
|---|
| host | "3rd party AuM margin⟦⟧(in bps)38.138.238.439.138.538.037.838.138.938.2-0.7%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 21 |
|---|
| marker | "70" |
|---|
| text | "Excluding performance fees and other income." |
|---|
| printed_on | 21 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 21 |
|---|
| marker | "71" |
|---|
| host | "Core return on equity⟦⟧(in %)21.521.521.521.521.522.322.322.322.322.30.9%-p" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 21 |
|---|
| marker | "71" |
|---|
| text | "For current year periods and prior year periods, the core return on equity for the respective full year is shown." |
|---|
| printed_on | 21 |
|---|
| source | "block" |
|---|
|
|---|
|
| page | 24 |
|---|
| marker | "72" |
|---|
| host | "Total business volume⟦⟧-172-164-156-253-746-110-218-150-145-623-16.5%" |
|---|
| source | "model" |
|---|
| method | "page" |
|---|
| content | | page | 24 |
|---|
| marker | "72" |
|---|
| text | "Total business volume comprises gross premiums written and fee and commission income in Property-Casualty, statutory gross premiums in Life/Health, and operating revenues in Asset Management." |
|---|
| printed_on | 24 |
|---|
| source | "block" |
|---|
|
|---|
|
