Germany's Allianz (ALVG.DE), opens new tab on Thursday posted a worse-than-expected 2.1% fall in first-quarter net profit but confirmed its target for the full year. Net profit attributable to shareholders of 2.423 billion euros ($2.71 billion) in the three months through March compares with profit of 2.475 billion euros a year earlier. The figure fell short of a 2.702 billion euro consensus forecast. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. A one-time tax provision for the sale of a venture in India pressured results, the company said. Advertisement · Scroll to continue
Report This Ad For 2025, the company expects operating profit of between 15 billion euros and 17 billion euros, compared with 16.0 billion euros in 2024.
