Allianz Se Unsp/Adr (ALIZY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Allianz conference call on the Allianz Group financial results for the first quarter of 2025. For your information, this conference call is being streamed live on Allianz.com and YouTube. A recording will be made available shortly after the call. At this time, I would like to turn the call over to your host today, Claire-Marie Kost-Lepout, Chief Financial Officer of Allianz SE. Please go ahead, Claire-Marie. Thank you very much, Andrew. Good afternoon, everyone. I'm very happy to welcome you all to our first quarter call. As you will see as well, we have decided to change a bit the format of the call, adding to our usual set of slides some pages which are providing some highlights, and hopefully also leave more time for Q&A. We hope together with the team that you are going to like it, and as always, we welcome your feedback so that we keep on improving. Let me start on page A4, which provides an overview of our first quarter results for the Alliance Group. Overall, you can see that that we had a very good start into the year and that Allianz is very well positioned to achieve its 2025 and its mid-term financial targets as we focus on executing our capital market delivers, driving smart growth, reinforcing productivity and strengthening resilience. If you look at our top line, which is up by almost 12%, and as you can see, supported by all segments, which is positive, very positive, we emerged with a total business volume of 54 billion euros, which is a record level in a quarter for the Allianz Group. Also at a record level is our operating profit at 4.2 billion euros and again here all segments are contributing. Our performance is supported by our focus on customers, technical excellence and productivity as you will see as we go ...