Allianz confirmed CEO appointments and Allianz stock sits 7.90 percent below its high

Published on 10/09/2026 at 11:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allianz booked EUR 9.4 billion in first-half operating profit, up 8.60 percent. Allianz stock costs EUR 418.70 on October 9, 2026 after EUR 416.45.

Key points in brief

Allianz confirmed CEO appointments at Allianz Partners and Allianz Direct on October 1, 2026.
First-half 2026 operating profit reached EUR 9.4 billion, up 8.60 percent year on year.
The EUR 2.5 billion share buyback was completed by September 22, 2026.
Allianz stock was at EUR 418.70 at Lang & Schwarz on October 9, 2026, plus 0.54 percent versus the prior close.

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Allianz stock stood 7.90 percent below its EUR 454.60 52-week high as Allianz had confirmed new CEO appointments on October 1, 2026. According to Allianz, Philipp Kroetz will lead Allianz Partners from November 1, 2026, while Laurent Floquet will become CEO of Allianz Direct.

Management changes bring a digital focus

The appointments connect two insurance businesses that Allianz describes as important for digital and cross-border solutions. Tomas Kunzmann is due to join the Allianz SE Board of Management on January 1, 2027, giving the reshuffle a further group-level dimension.

The management update followed the completion of Allianz's EUR 2.5 billion share buyback. Investing.com reported on October 7, 2026 that Allianz had bought 6.25 million shares by September 22, 2026 at an average EUR 400.13 per share.

Three milestones shape the year

On August 7, 2026, Allianz reported first-half operating profit of EUR 9.4 billion, an 8.60 percent increase from the prior-year period. The same results also showed second-quarter operating profit of EUR 4.9 billion, up 10.60 percent year on year, according to Capital.com.

The September 22, 2026 buyback completion and the October 1, 2026 CEO announcement add capital allocation and execution milestones to the earnings picture. The comparison is important: operating profit rose 8.60 percent in the first half, while the share price remained below its yearly high.

What does the next report test?

Allianz's full-year 2026 operating profit guidance remains EUR 17.4 billion, plus or minus EUR 1.0 billion. After the first half, the EUR 9.4 billion result represented 54.02 percent of the central guidance figure, calculated against EUR 17.4 billion.

The next scheduled report covers the third quarter and first nine months of 2026 on November 12, 2026. The date gives investors a defined checkpoint for claims trends, capital returns and the effect of the management transition, while the guidance range sets the numerical benchmark.

Allianz stock price stays below its high

Allianz stock was trading at EUR 418.70 at Lang & Schwarz on October 9, 2026 at 11:34 a.m. CEST, plus 0.54 percent versus the prior close of EUR 416.45. The reference price was 7.90 percent below the EUR 454.60 52-week high and above the EUR 338.80 52-week low.

The further course of trading is shown by the continuously updated real-time quote of Allianz stock.