Allianz's Results Disappoint -- Market Talk

Dow Jones

2025/05/15

0710 GMT - The results of Allianz look disappointing as its first-quarter solvency II ratio and its net income came in below consensus, Jefferies says in a research note. The difference between the German insurer's print and market expectations is due to heavier non-operating expenses and market movements in its asset management line, which were only partially offset by surprisingly high net flows, analyst Philip Kett writes. These non-operating items will be in focus, he notes. Shares open 3% lower.(elena.vardon@wsj.com)

(END) Dow Jones Newswires

May 15, 2025 03:10 ET (07:10 GMT)

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