Today’s topic is the Allianz SE, the insurance giant from Munich, which is one of the leading providers in Europe in both the private and corporate customer business. What does this mean for the company and your investment decisions? Allianz is using price increases and rising premium income to significantly improve its group result. With an expected P/E ratio of 9.2 in 2025 and a dividend yield of 5.2%, Allianz is one of the most attractive stocks in the sector.

Expectations and realities: A mixed quarterly result The quarterly figures exceeded expectations in some areas, but also point to challenges. The company recorded an impressive revenue growth of 61% in the fourth quarter, but the adjusted earnings per share were slightly below analysts‘ forecasts. These numbers reflect the advantage that Allianz gains from its strong pricing power, especially in an environment where observers expect significant price increases in the property and casualty segment.

Six-month chart for Allianz The stock is consolidating just below its 52-week high on the blue 50-day line. This could be a promising starting point. (Source: Stock Screener)

Outlook: Solid fundamental data and operational strength The quarterly figures exceeded expectations in some areas, but also point to challenges. The company recorded an impressive revenue growth of 61% in the fourth quarter, but the adjusted earnings per share were slightly below analysts‘ forecasts. These numbers reflect the advantage that Allianz gains from its strong pricing power, especially in an environment where observers expect significant price increases in the property and casualty segment.

Conclusion Overall, Allianz has a solid foundation for further earnings growth, supported by a strong market position and the positive development of Allianz’s own asset manager, PIMCO. Due to its attractive valuation and shareholder friendliness, Allianz could be interesting for long-term investors. However, increasing competition requires careful monitoring of developments and a careful assessment of risks.