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Investor Relations Release Munich , November 10 , 2021 oliver.schmidt@allianz.com reinhard.lahusen@allianz.com christian.lamprecht@allianz.com tobias.rupp@allianz.com investor.relations@allianz.com www.allianz.com/investor-relations Allianz ( 1 ) +49 89 3800 3963 +49 89 3800 17224 +49 89 3800 3892 +49 89 3800 7151 Allianz posts strong third - quarter 2021 results • Total revenue growth of 9.5 percent in 3Q 2021 • 3Q 2021 operating profit increases 11.3 percent to 3.2 billion euros • 3Q 2021 net income attributable to shareholders up 2.3 percent at 2.1 billion euros ● 9M 2021 operating profit of 9.9 billion euros reaches 82 percent of full - year target of 12 billion euros • 9M 2021 net income attributable to shareholders increases 38.3 percent to 6.9 billion euros • Solvency II capitalization ratio of 207 percent ¹ • 2021 operating profit now expected to be at the higher end of the target range of 12 billion euros , plus or minus 1 billion euros² Management Summary : A strong quarter for all business segments For the third consecutive quarter in 2021 , the Allianz Group has delivered a strong operating performance across all business segments . This demonstrates that our business model is well - positioned to leverage the opportunities arising from a recovery in the global economic environment and in financial markets . In the first nine months of 2021 , the Group has achieved 82 percent of the operating profit target of 12 billion euros for the year , driven by all three business lines . The Asset Management and the Life / Health business segments reported their best - ever third quarter operating results ; the Property - Casualty business segment maintained its strong underlying profitability , even in an environment marked by intense natural catastrophes . Internal revenue growth , which adjusts for currency and consolidation effects , was 9.0 percent in the third quarter of 2021 , driven by all business segments . Total revenues increased 9.5 percent to 34.4 ( 3Q 2020 : 31.4 ) billion euros . Operating profit grew 11.3 percent to 3.2 ( 2.9 ) billion euros , driven by our Asset Management and ¹ Excluding the application of transitional measures for technical provisions . 2 As always , natural catastrophes and adverse developments in the capital markets , as well as factors stated in our cautionary note regarding forward - looking statements may severely affect the operating profit and / or net income of our operations and the results of the Allianz Group .