Allianz Se Unsp/Adr (ALIZY) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.616 Good morning, everyone, and welcome to Allianz's first quarter 2026 00:00:04.616 -- 00:00:09.062 media conference call. Thank you very much for joining us today. 00:00:09.062 -- 00:00:13.687 My name is Frank Stoffel, Head of Financial Communications and Valuation Relations, and 00:00:13.687 -- 00:00:17.031 I'm speaking to you from our headquarters here in Munich. 00:00:17.031 -- 00:00:22.498 I am joined today by our Chief Financial Officer, Claire Marie Coste-Poutre. 00:00:22.498 -- 00:00:27.605 Before going into the presentation, let me briefly cover the usual housekeeping items. 00:00:27.605 -- 00:00:32.511 We will answer all questions in English. However, if you feel more comfortable asking 00:00:32.511 -- 00:00:35.956 your question in German, please feel free to do so. 00:00:35.956 -- 00:00:40.421 We will then repeat the question in English for everyone else on the call. 00:00:40.421 -- 00:00:45.948 If you want to ask a question during the Q&A session, press star 5 if 00:00:45.948 -- 00:00:51.035 you have joined via telephone or press the talk request button on the web audio 00:00:51.035 -- 00:00:56.236 call. If you are on an IP-based telephone, this may cause technical 00:00:56.236 -- 00:01:01.621 problems for you. If this is the case, please email media.contact 00:01:01.784 -- 00:01:03.486 at allianz.com, 00:01:03.486 -- 00:01:08.413 and we can assist you with your setup. Or we can take your question and ask it on your 00:01:08.413 -- 00:01:09.815 behalf. 00:01:09.815 -- 00:01:14.622 Today's conference call is scheduled for 60 minutes, and as usual, we will answer your 00:01:14.622 -- 00:01:18.667 questions following our presentation by our CFO. 00:01:18.667 -- 00:01:22.617 With this, it is my pleasure to hand over to Claire ...