安联保险Allianz SE（AZ）2025年第四季度及全年财报「NYSE」（英文版）（94页）.pdf

1、 Allianz 2026Group financial results 2025Munich,February 26,2026Allianz Investor Relations AppApple App StoreGoogle Play StorePlease note:presentations based on 2025 preliminary figuresContent/topicsADelivering on our higher ambitionsOliver BteBDelivering Value and Resilience Claire-Marie Coste-Lepo

2、utreCGroup financial results 2025Claire-Marie Coste-LepoutreGlossaryDisclaimerNote:Due to rounding,numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.Allianz 2026Delivering on our higher ambitionsOliver BteChief Executive

3、OfficerMunich,February 26,2026Excellent delivery in 2025,againA.DELIVERING ON OUR HIGHER AMBITIONS1)Percentage change shows internal growth2)S/h core net income is up 9.3%adjusted for tax provision related to the sale of our stake in Indian JVs(partially completed in 1Q 26)and disposal gain on UniCr

4、edit JV 3)ProposalKey figures2025(EUR)17.4bn+8%Operating profit218%Target:180%Solvency II ratio187bn+8%1Total business volume17.10+11%Dividend per share311.1bn+11%2Shareholderscore net income18.1%+1.2%-pCore return on equity2bnShare buy-backin 2025Share buy-backto come in 20262.5bnA 4P/C commercial

5、cycle management Combined ratio at 91.7%P/C retail excellent profitabilityCombined ratio at 92.4%OP EUR 17.4bnLife net CSMup 8%adj.for F/XAM cost-income ratio improvedto 60.7%Health&protection strong growth Operating profit up 10%1AM outstanding net flowsof EUR 139bn,organic growth at 7%All business

6、es contribute to record performanceA.DELIVERING ON OUR HIGHER AMBITIONSWell on track to deliver onCMD targets across all businesses1)Adjusted for change in scope and the business transferA 5Growing performance momentumA.DELIVERING ON OUR HIGHER AMBITIONSOperating profit(EUR bn)Dividend per share(EUR