Allianz Raises 2026 Profit Target to €18.6B

Allianz reported record operating profit of 14.1 billion euros for the first nine months of 2026, up from 13.1 billion euros in the same period a year earlier. Citing the strong performance, the German insurer raised the upper end of its full-year operating profit outlook to around 18.6 billion euros, from a previous target of 17.4 billion euros, plus or minus 1 billion euros. The revised outlook is subject to no significant unforeseen natural catastrophes or capital-market events, and Allianz was scheduled to release its third-quarter results on Thursday.