Germany's Allianz has today posted a 7.7% increase in fourth-quarter net profit, buoyed by a strong property and casualty business but a touch less than analysts had expected.
Net profit attributable to shareholders of €2.664 billion in the three months to December compares with profit of €2.472 billion a year earlier. The figure fell short of a €2.689 billion consensus forecast.
Allianz is among Europe's largest financial services groups and owner of the giant PIMCO brand.
For 2026, the company expects operating profit of between €16.4 billion and €18.4 billion.
That compares with €17.4 billion in operating profit in 2025, which Allianz said was a record.
