Allianz Plans Shareholder Profit Distribution

MUNICH, Germany (Reuters) – Germany's Allianz plans to distribute at least three-quarters of its net profit to shareholders through dividends and share buybacks over the next three years.

The Munich-based insurer will maintain its dividend policy of distributing 60% of the net profit after minority interests directly. From 2025 to 2027, it aims to return at least 15% of profit to shareholders on average, primarily through share buybacks.

As one of Europe's largest financial services groups, Allianz will present its strategy and financial targets during a capital markets day on Tuesday.

Allianz has already distributed more through dividends and buybacks in recent years than it anticipates for the coming years. Since 2017, the insurer has spent almost 14 billion euros on share buybacks. Its revised dividend policy aims for a payout ratio of 60%, increased from the previous 50%.