Allianz posts record €17.4B profit but faces headwinds as its credit insurance unit warns of surging global corporate bankruptcies. Shareholders gain from buybacks and a higher dividend.
Investors in German insurance giant Allianz are navigating a story of two halves. While the company’s core operations are delivering record-breaking profits, its credit insurance subsidiary is flashing warning signs about a global surge in corporate bankruptcies. This contrast defines the current investment thesis for the DAX heavyweight.
The company’s financial foundation appears rock solid. For the full year 2025, Allianz posted an operating profit of €17.4 billion, an increase of over eight percent. This record performance is…