Allianz Holds Strong in Tough Times
It was my second day in Munich, and today was Allianz’s annual general meeting. Allianz is one of the world’s largest insurance companies. For the first time since 2019, the event was held in person again, a move that was praised by many shareholder representatives and met with enthusiastic applause. It was interesting to learn that more than 1 million private individuals worldwide now hold Allianz shares.
CEO Oliver Bäte appeared very confident and had very strong results to report. The dividend was raised again by 9%. Operating profit in 2025 rose by double digits to around 17 billion euros.
On the topic of AI, it was reported that employees are receiving consistent training and that the company now uses around 600 AI applications across the group, including AI agents.
The global political situation is more challenging than ever, but that makes the company’s products all the more important. However, the goal is to keep policies affordable and continue reducing costs.
I found the event successful and am holding onto my Allianz shares. The company is in a robust position and, in my view, will be able to hold its own well in the coming years. The stock’s performance over the last 10 years underscores.
