Allianz Italia: nine-month operating profit at EUR 1.03 billion

(Il Sole 24 Ore Radiocor) - Allianz Italia closed the first nine months of 2025 with "an operating profit up in both the Life & Wealth Management and Non-Life business, supported by improved technical profitability". This was announced by the company in a note, specifying that the non-life operating result rose to EUR 500 million, while the life business closed at EUR 400 million. At the company level, therefore, including the contribution of UniCredit Allianz Vita in the first six months of the year, Allianz Bank Financial Advisors and Investitori Sgr, operating profit reached € 1.03 billion in September. In the Non-Life business, premium income rose 3.2% to € 3.9 billion, with a net combined ratio of 90.9%. the results for the first nine months confirm the solidity of our industrial model and the quality of our business mix," commented Giacomo Campora, CEO of Allianz Spa. "In non-life business, we continue to grow, improving technical profitability, and in life and wealth management we confirm our strong premium income capacity and continue to grow our operating profit, with an approach that is always focused on value and long-term sustainability