Allianz Se Unsp/Adr (ALIZY) Q2 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 second 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, Oliver Bates, Chief Executive Officer of Allianz SE. Please go ahead, Oliver. Thank you, Andrew. I'm not sure what host means. Probably I play the bill, but I don't know why. But I'm very happy to talk to you today. Thanks for your interest on this beautiful afternoon in Munich. I would like to do an introduction into the discussion, and then Claire-Marie will go with you through all of your questions and a lot of the details that... you may be interested in. Let me just start initially, even though this is the analyst call about what we are going to talk about. That is the delivery of the strategy that we have discussed at the Capital Markets Day in December. And that's exactly what is happening now. As a reminder, while we report in three segments, P&C, life, asset management, reality, we run from a customer perspective, two businesses. We run a protection and a retirement business. And those are we are trying to drive further at this point in time in terms of value creation through three most important levers. There are many others behind, but the most important one are three. Driving smart growth going forward. As you know, historically, Allianz has worked very hard on bringing the brand forward, customer satisfaction forward, productivity up, but it's now time to translate the strengths of the foundations into growing market share. The second one is further reinforcing productivity. You can probably spend hours on ...