• TRM (USD/COP)COP 3,301.91 +0.15% +COP 4.84Colombia's official exchange rate (Financial Superintendence), valid Nov 13 to Nov 13
  • EuroCOP 3,658.83 -0.27% -COP 9.84Reference: TRM crossed with the European Central Bank rate of Nov 12; not the market quote
  • Mexican pesoCOP 176.66 -0.02% -COP 0.04Reference: TRM crossed with the European Central Bank rate of Nov 12; not the market quote

Allianz posts record profit of 14.1 billion euros after nine months

FinanceInternationalLa VanguardiaAI summary
Image: La Vanguardia

Allianz booked revenue of 143 billion euros in the first nine months of the year, up 3.8%, while operating profit reached 14.1 billion euros, up 7.8% and a record high for the insurer in that period. In the third quarter, total business volume was 44.4 billion euros and operating profit rose 6.2% to 4.7 billion. Basic net profit attributable to shareholders was 9.3 billion euros over nine months, up 10.6%. The company raised the upper end of its 2026 operating profit target to around 18.6 billion euros.

In 35 seconds

  • Revenue of 143 billion euros in nine months, up 3.8%
  • Operating profit of 14.1 billion, a record high and 7.8% higher
  • Basic net profit attributable of 9.3 billion, up 10.6%
Read the full story at La Vanguardia

IASummary generated by artificial intelligence from a story by La Vanguardia. It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading