February 2026 - Page 10 of 96

business

Youthbeat Secures “Myntra Style Squad” Campaign to Strengthen Creator-led Fashion Influence

Feb 26, 2026 Neel Achary 0 Comment

New Delhi, Feb 26th: Youthbeat, the youth and creator-focused division of SW Network, a leading integrated advertising agency, has won the Myntra Style Squad campaign. As part of the engagement, Youthbeat will curate a squad of influencers to deliver fashion-forward content for Myntra.

Under this mandate, the team will build and manage a dedicated group of creators across fashion, lifestyle, and youth culture. The focus is on authentic, creator-led storytelling that feels relatable, current, and aligned with how young audiences engage with fashion today.

Expressing excitement about the collaboration, Raghav Bagai, Co-Founder, Youthbeat, said, “We are thrilled to partner with Myntra once again and support their mission of strengthening digital fashion culture. With a powerful line-up of talented creators and a long-term, structured content journey, we aim to craft engaging and trend-forward narratives that resonate with Myntra’s audience. Our focus is on delivering consistent impact while driving measurable value.”

Shubham Chawla, Business Head – Creator & Influencer Vertical, Youthbeat, said, “Creators today play a powerful role in shaping fashion discovery and purchase decisions among young consumers. With the Myntra Style Squad, our goal is to build a high-impact creator ecosystem that blends cultural relevance, trend awareness, and authentic storytelling. By combining Myntra’s strong fashion authority with our creator-first approach, we aim to deliver content that not only inspires but also drives meaningful engagement and long-term brand affinity.”

Commenting on the collaboration, Monalisa Panda, Head of Social, Myntra, said, “Creator-led storytelling continues to be a key growth driver for the fashion category. Partnering with agencies that deeply understand consumer behaviour and prioritise authenticity in content is crucial. Youthbeat’s proven track record and strong creator network make them an ideal partner for the Myntra Style Squad initiative. We look forward to amplifying our brand voice and unlocking new possibilities together.”

With a strong track record of large-scale influencer campaigns, Youthbeat continues to be a trusted partner for brands leading with content and community. The Myntra Style Squad reflects a shared vision to create fresh, inspiring, youth-led fashion content across India.

business

Africa, Venezuela Advance Practical Trade and Investment Cooperation

Feb 26, 2026 Neel Achary 0 Comment

Venezuela Advance Practical Trade and Investment CooperationThe African Energy Chamber’s delegation to Caracas advanced cooperation with Venezuelan authorities on expanding trade beyond energy, addressing regulatory bottlenecks and promoting reciprocal investment across the Global South

CARACAS, Venezuela, Feb 26:A high-level working visit to Caracas by the African Energy Chamber (AEC) (https://EnergyChamber.org) this February marked a significant step in strengthening Africa–Venezuela cooperation, moving engagement beyond hydrocarbons toward broader South–South trade and investment opportunities. The discussions focused on removing longstanding transactional bottlenecks and boosting bilateral trade in goods, services and industrial collaboration.

Leading discussions with Coromoto Godoy Calderón, Minister of Foreign Trade of the Bolivarian Republic of Venezuela, the AEC delegation explored strategies to expand African markets for Venezuelan goods while facilitating reciprocal African investment in Venezuela. The visit emphasized creating a comprehensive framework for trade that extends beyond oil and gas, promoting manufactured goods, services and skills exchange.

“Together with the Minister, we discussed opening up African markets on a Global South–South strategy,” said NJ Ayuk, Executive Chairman of the AEC. “A priority is working on Venezuelan goods in Africa – not just energy. We are committed to removing bottlenecks, improving regulations and building a framework that accelerates trade and development between our regions.”

The visit also addressed potential alignment with the African Continental Free Trade Area, signaling new pathways for Venezuelan products to access African markets under continental trade frameworks. This reflects a growing interest in integrated commercial engagement that leverages shared resources and strengthens economic ties between African nations and Venezuela.

Institutional cooperation was another key focus. The AEC and Venezuelan authorities agreed on the importance of sharing best practices to position Venezuela as an attractive partner for African investors. Programs are being developed to promote Venezuelan products in African markets while encouraging investment in Venezuela’s broader non-oil economy.

Financial collaboration is central to this strategy. The delegation met with the Venezuelan Export–Import Bank to explore partnerships with African regional development banks and export finance institutions. These initiatives aim to facilitate trade finance, streamline payments and reduce transaction risks, providing a clearer, bankable framework for industrial and commercial projects.

Both sides pledged to showcase Venezuela in key African trade platforms, including the Intra-African Trade Fair organized by Afreximbank, and African Energy Week 2026, where Venezuelan products and expertise can be highlighted. Capacity-building workshops are planned to strengthen skills and technical exchange, reinforcing long-term trade and industrial collaboration.

The working visit marks a shift from energy-centered engagement to a broader, market-oriented partnership. By addressing regulatory challenges, expanding institutional cooperation and promoting trade-enabling frameworks, Africa and Venezuela are laying the foundations for reciprocal investment, industrial growth and deeper integration across the Global South.

“Our focus is on enabling trade that drives development. By working together to break down bottlenecks and expand commercial exchange, we are helping to shape a future in which African and Venezuelan economies grow stronger through partnership – not just in energy, but across the full spectrum of goods, services and investment,” Ayuk added.

business

Neilsoft Q3 – F.Y. 2025-26 Shows Good Recovery After Slower Growth in H1 F.Y. 2025-26

Feb 26, 2026 admin 0 Comment

Business Wire India

Neilsoft Limited, a technology-driven, pure-play engineering services and solutions company operating in the ER&D industry catering to the Architecture, Engineering and Construction (AEC), Manufacturing and Industrial Plant segments globally, today released its Q3, F.Y. 2025-26 results following the Board approval in its meeting held on February 20, 2026.

Mr. Nilesh Malpani, CFO, commenting on the results, said, “Our Q3 Revenues stood at Rs. 1,259.95 Mn. reflecting YoY growth of 18.1% (in Rs. terms) and QoQ Revenue growth of 25.9%. In US $ terms, Q3 FY 2025-26 revenue grew 16.2% YoY. We estimate Q4 Revenue to come in at a similar level as Q3 and are pleased to see a good acceleration in our YoY Revenue growth in H2 F.Y. 2025-26.”

Mrs. Rupa Shah, Whole-time Director of Neilsoft, further commented – “The acceleration in our Revenue is due to the boom in Data Centers, Battery Energy Storage Systems and Semiconductor projects worldwide. We expect continued contribution from these segments in F.Y. 2026-27.”

Neilsoft Q3, F.Y. 2025-26 Consolidated Results are as follows:

			*In Rs. Mn.*
Particulars	Q3 FY 25-26	Q3 FY 24-25	Growth % YOY	Q2 FY 25-26
Revenue from Operations	1,259.95	1,067.15	18.1%	1,000.41
Other Income	19.29	11.67	65.3%	30.52
Total Income	1,279.24	1,078.82	18.6%	1,030.93

Total Expenses	1,086.24	919.30	18.2%	886.22

Net Profit before exceptional items & tax	193.00	159.52	21.0%	144.71

Exceptional item (New labour wage code)	86.15	–		–
Net Profit before tax and after exceptional item	106.85	159.52		144.71
Net Profit after tax and after exceptional item	86.79	130.41		110.79
Total Comprehensive Income for the period	104.84	128.41		143.12

business

Mobileum Enables GSMA Industry Services’ Launch of VOLTIS 5G Extension, Streamlining Global 5G Roaming Verification

Feb 26, 2026 admin 0 Comment

Business Wire India

Mobileum Inc. (“Mobileum”), a leading global provider of analytics and network solutions, today announced its expanded role in enabling GSMA Industry Services’ launch of the VOLTIS (Voice over LTE Interoperability & Testing Service) 5G Extension Verification Program. The new extended program goes beyond the existing VoLTE/IMS verification framework to include 5G readiness verification, providing operators with a standardized path to validate next-generation roaming and interoperability.

As an appointed verification partner, Mobileum manages the end-to-end validation process, from test planning and resource validation through test execution, troubleshooting, and final reporting, delivering a streamlined, globally recognized verification experience for operators worldwide.

As 5G roaming scales globally, operators face increased complexity in validating VoLTE and 5G interoperability across international partners. The VOLTIS 5G Extension offers a standardized verification path that helps operators reduce reliance on bilateral testing, strengthen service reliability, and gain formal industry recognition. Operators can more quickly form roaming partnerships and launch services with greater confidence.

GSMA Industry Services, part of the wider global mobile industry association, provides device, network and verification services to over 2,200 customers, including mobile operators and device manufacturers.

“As operators transition to 5G, roaming interoperability becomes significantly more complex and business-critical,” stated Miguel Carames, Chief Product Officer at Mobileum. “We are excited to continue partnering with GSMA Industry Services to extend the VOLTIS program to include 5G. We believe it is critical for the industry to provide a standardized global verification path that removes friction from bilateral testing and enables operators to validate and deploy 5G roaming faster to enable transformational roaming experiences at a global scale.”

“The expansion of the VOLTIS Testing Program to include 5G readiness marks a significant step forward in strengthening end‑to‑end interoperability across the global mobile ecosystem,” stated Tyler Smith, Head of Industry Services at GSMA. “By providing a consistent and trusted framework under the GSMA Interoperability services umbrella, we are helping operators, vendors, and device manufacturers reduce testing friction, enhance service reliability, and accelerate the rollout of dependable next‑generation capabilities across all markets.”

According to GSMA Intelligence, 5G connections are forecast to reach 5.6 billion by 2030 (5G in Context, Q3 2025, Nov,2025), with 65% operating on standalone networks. At the same time, Kaleido Intelligence projects that combined wholesale and retail roaming revenues will exceed $50 billion in 2027, driven by rapid growth in 5G roaming and IoT connectivity.

As roaming traffic increases and operators sunset legacy networks, ensuring voice continuity and seamless cross-border performance becomes essential. Without proper testing and verification, operators risk roaming failures, degraded user experience, interoperability issues, customer churn, and delays in launching international partnerships.

Mobileum brings decades of experience supporting global roaming, interoperability testing, and network validation across voice, messaging, and data services. Through its roaming analytics, active testing, and signaling intelligence solutions, Mobileum helps operators assure service performance, protect roaming revenues, and accelerate the launch of new international partnerships.

The VOLTIS Verification Program and its 5G Extension are available globally to support operators across all regions.

For more details on GSMA Interoperability testing, please visit this link.

About Mobileum Inc.

Mobileum is a leading provider of Telecom analytics solutions for roaming, core network, security, risk management, domestic and international connectivity testing, and customer intelligence. More than 1,000 customers rely on its Active Intelligence platform, which provides advanced analytics solutions, allowing customers to connect deep network and operational intelligence with real-time actions that increase revenue, improve customer experience, and reduce costs. Headquartered in Silicon Valley, Mobileum has global offices in Australia, Germany, Greece, India, Japan, Portugal, Singapore, UK, and United Arab Emirates. Learn more at www.mobileum.com

About GSMA

The GSMA is a global organisation unifying the mobile ecosystem to discover, develop and deliver innovation foundational to positive business environments and societal change. Our vision is to unlock the full power of connectivity so that people, industry, and society thrive. Representing mobile operators and organisations across the mobile ecosystem and adjacent industries, the GSMA delivers for its members across three broad pillars: Connectivity for Good, Industry Services and Solutions, and Outreach. This activity includes advancing policy, tackling today’s biggest societal challenges, underpinning the technology and interoperability that make mobile work, and providing the world’s largest platform to convene the mobile ecosystem at the MWC and M360 series of events.

Find out more at www.gsma.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260226635756/en/

business

BRICS Educational Film and Media Association (BEFMA) Appoints Syed Sultan Ahmed as Vice-President to Strengthen Global Educational Film and Media Initiatives

Feb 26, 2026 Neel Achary 0 Comment

New Delhi, India, Feb 26: The BRICS Educational Film and Media Association (BEFMA) has announced the appointment of Syed Sultan Ahmed as its Vice-President to steer BEFMA’s strategic programs. He will lead the organization’s efforts to create a more inclusive, innovative, and impactful media education landscape across BRICS & BRICS+ nations. He aims to empower both educators and students to engage with and produce content that resonates with diverse global audiences.

“I’m honoured to join BEFMA at a moment when film and media are becoming vital tools for education and global conversation,” said Syed Sultan Ahmed. “I look forward to working with educators, filmmakers and young creators across BRICS to expand access, deepen media literacy, and give learners the means to tell their own stories to the world.”

Sultan is a leading education reformer, social entrepreneur, and an award-winning filmmaker with over two decades of experience at the intersection of cinema, life skills, and school leadership. He currently serves as Chairperson of The Association of International Schools of India (TAISI), is Founder & Chief Learner of LXL Ideas, and curator for the School Cinema International Film Festival (SCIFF). School Cinema, Sultan’s film-based teaching pedagogy has reached millions of students across countries.

Sultan has been honoured with seven National Film Awards from the President of India, including Best Educational Film, Best Film on Family Values, and Best Film on Sports. His films have been showcased at over 575 international film festivals, earning widespread recognition for his contributions.

education

Pan IIT Urges Strategic Expansion to Make India a Global Education Hub

Feb 26, 2026 Neel Achary 0 Comment

By:- Prabhat Kumar, Chairman (IRS), Pan IIT Alumni India

Pan IIT welcomes the Knight Frank – Deloitte report identifying India as the world’s most strategic higher education growth market, driven by its 155 million-strong youth cohort. To harness this potential, we advocate for a dual strategy: vertical expansion through world-class research and specialisation, and horizontal expansion via accessible education hubs across India. These hubs will integrate academia, industry, and innovation, positioning India as a leader in the Global South for educational collaboration and opportunity.

Enabled by 100% automatic-route FDI and supportive budget provisions for research and skill development, we urge the adoption of further streamlined policies to attract private and foreign university investment. Our focus must be on scaling technical and vocational education while deeply integrating Indian Knowledge Systems. Pan IIT is committed to partnering with all stakeholders to transform India into a global knowledge exporter and destination.

business

India’s First INR 5 Crore ‘Zero Prize’ Targets Verified Air, Water and Land Pollution Reduction

Feb 26, 2026 Neel Achary 0 Comment

New Delhi, Feb 26: In a shift toward performance-linked climate accountability, the Zero Prize was announced as India’s first national results-based environmental award that links financial reward directly to independently verified reductions in air, water, and land pollution. Convened by the School of Policy and Governance (SPG), the initiative is supported through philanthropic contributions, corporate CSR partnerships, and institutional stakeholders, and aims to align funding with measurable environmental outcomes.

With a total corpus of ₹5 crore, the Zero Prize will award ₹1 crore each across three categories — Air, Water, and Land to solutions that demonstrate scientifically validated pollution reduction within defined geographies. The announcement event was held at India Habitat Centre in the presence of award-winning actor and environmental advocate Dia Mirza as Chief Guest, along with policymakers, sustainability leaders, and industry stakeholders.

The Prize is open to startups, NGOs, corporates, municipal bodies, research institutions, and individual innovators across India. Eligible applicants must implement a real-world pilot within defined urban or peri-urban contexts and undergo independent third-party monitoring and validation. Early-stage concepts without measurable on-ground execution will not qualify.

While climate commitments and sustainability capital continue to expand, organisers note that much of the ecosystem still rewards announcements, pilot-stage activity, or projected outcomes rather than independently verified environmental performance. The Zero Prize seeks to address this gap by recognising only measurable, attributable pollution reduction achieved within defined physical boundaries.

“For 140 years, my family has built a legacy on the power of nature through Ayurveda. But today, that very nature is under threat. ,” said Mr. Saket Burman, Co-Founder of Zero Prize and Vice Chairman, Dabur India Ltd. “ I am proud to support the Zero Prize, a ₹5 Crore national challenge that encourages Indian entrepreneurship and Jugaad to come up with high impact scalable solutions. We are looking for the proven innovations that will make India’s air, water, and land measurably cleaner for the next generation. It’s time to move beyond the boardrooms and into the field. No promises.Only results.”

Each shortlisted solution will establish a documented baseline and demonstrate quantifiable reduction over a 12-month challenge period. For air, reduction in particulate exposure within defined zones will be assessed through fixed-location monitoring systems adjusted for meteorological variation. For water, pollutant load reduction including parameters such as BOD, COD, TSS, and nutrients will be measured at defined discharge points using CPCB-aligned protocols. For land, reduction in waste leakage or improper disposal will be assessed through traceable weight-based audits and documented verification.

Mr. Ruchir Punjabi, Chair, School of Policy and Governance, added “Innovation is often messy, but in the fight against pollution, it needs to be abundant. The Zero Prize is a bridge. By offering India’s first results-based incentive, we are mobilizing the country’s brightest problem-solvers from tech startups to civic researchers to tackle our environmental crisis with the same urgency as a unicorn exit. We are looking for the disruptors who can leverage the economic opportunity of making India more livable. If you have a solution that is science-verified and ready to scale, the stage is yours. Let’s build an ecosystem where the most impactful solutions don’t just survive, they win.

All claims will undergo independent third-party validation, with awards granted only after verified baseline-to-post-intervention environmental improvement. Key findings will be made publicly accessible.

Applications open in March 2026 and close in August 2026, with winners to be announced in February 2027 following technical evaluation, pilot implementation, and independent validation. The Prize follows a milestone-based disbursement structure aligned with successful pilot execution and verification.

The Prize is structured as an annual national initiative focused on results-based environmental recognition and performance-linked funding. The framework aligns with national missions including the National Clean Air Programme, the National Mission for Clean Ganga, and Swachh Bharat Mission 2.0 by accelerating verifiable, on-ground environmental outcomes.

By linking financial rewards to independently validated pollution reduction, the Prize adopts a performance-based accountability framework.

news

SMFG India Credit Launches New Brand Anthem Film Celebrating ‘Pragati’ and Collective Momentum

Feb 26, 2026 Neel Achary 0 Comment

SMFG India Credit Launches New Brand Anthem Film Celebrating ‘Pragati’ and Collective Momentum

Mumbai, Feb 26: SMFG India Credit has unveiled its new brand anthem film “Chal Pado, Aage Badho,” a high-energy celebration of progress, partnership and shared purpose. Set within the vibrant environment of SMFG India Credit’s workplace, the film highlights how progress is driven by collective momentum and philosophy of becoming SARVOTTAM – Rise to be the best.

Rooted in the spirit of “Pragati”, the campaign brings together employees across functions and levels, from teams on the office floor to senior leadership in the boardroom, reflecting alignment, collaboration and a shared vision for growth. The narrative reinforces the belief that when people move forward together with purpose and confidence, meaningful progress follows.

The anthem is more than a song, it is a celebration of who we are — a culture built on belief, collaboration, and shared ambition. From frontline teams to leadership, from new joiners to mentors, this anthem carries the collective voice of SMFG India Credit.

Speaking on the launch, Ravi Narayanan, MD and CEO, SMFG India Credit, said,

“This composition is much more than a melody; it is the very heartbeat of our organizational philosophy. In it resides a little bit of the heart and soul of each one of my colleagues across the length and breadth of Bharat. It serves as a powerful reminder of our shared mission to constantly rise to be the best – to be ‘Sarvottam.’ The stirring refrain, “Badhe Chalo,” beautifully captures our collective resolve to keep walking ahead, innovating, and growing. It reflects the unwavering commitment of our entire organization as we journey toward becoming an institution — the absolute benchmark of excellence.”

“Our anthem reflects our deepening presence across nearly 1,000 branches, the scaling of our portfolio, and the progress at SMFG India Credit. This growth story is the result of our teams moving in alignment. Over the past year, we have strengthened our foundation, sharpened execution, and built momentum across markets. The nationwide production journey was a spectacular feat of unity. Filmed across the country, every frame radiates the boundless energy and discipline of our people, which enable us to grow responsibly while expanding access to credit across India,” adds Narayanan.

business

KEZAD Group Signs 50-Year Land Lease with Galadari Brothers’ Heavy Equipment Division to Establish AED 75 Million Facility

Feb 26, 2026 Neel Achary 0 Comment

The 150,000 sqm facility will establish operations for storage and distribution of heavy machinery and industrial equipment in KEZAD – Abu Dhabi

Abu Dhabi, United Arab Emirates – Feb 26: Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region and Galadari Brothers’ Heavy Equipment Division have signed a 50-year land lease agreement for the establishment of a state-of-the-art facility in KEZAD A (KEZAD Al Ma’mourah).

Galadari is investing AED 75 million in the proposed 150,000 sqm facility that will establish operations for storage and distribution of heavy machinery and industrial equipment in the region. The group’s Heavy Equipment Division is a leading dealer and distributor of commercial vehicles and specialised construction machinery from international brands in the UAE. Headquartered in Dubai, Galadari Brothers is a diversified conglomerate with a legacy spanning more than 60 years and a presence across multiple sectors and international markets.

Since its inception more than four decades ago, the Heavy Equipment Division of Galadari has grown from being a single-product distributor to steadily build an expansive product portfolio constituting a wide range of construction equipment. The move to KEZAD comes as part of Galadari’s strategic plans to expand its business in the region, and its commitment to delivering excellence in services by joining a thriving economic zone with dedicated industrial clusters and practices.

Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi – KEZAD Group said: “We welcome Galadari Brothers to KEZAD, and look forward to a fruitful partnership, as we support them in expanding their foothold in the region with our tailored services. By being in KEZAD, Galadari organically becomes an integral part of a cohesive industrial structure, designed for innovation, collaboration and delivery of outstanding services.

“As we continue on our growth path, we are hopeful that this association will be mutually beneficial for business – contributing to the growth of Galadari as well as the economic development of Abu Dhabi.”

Mohammed Galadari, Co-Chairman and Group CEO of Galadari Brothers said: “The establishment of this facility marks a significant step in advancing Galadari Brothers’ Heavy Equipment capabilities and scaling our operational infrastructure in the UAE. Located within KEZAD’s integrated industrial ecosystem, the facility enhances our ability to support large-scale projects while strengthening the logistics and supply chain networks that underpin regional growth. This investment reflects our long-term confidence in the UAE’s vision for economic diversification and industrial advancement while reinforcing our commitment to delivering the capacity, reliability, and expertise required to serve a rapidly evolving industrial landscape.”

business

Allianz Achieves Record Operating Profit of 17.4 Billion Euros – Excellent Start to New Strategic Cycle

Feb 26, 2026 admin 0 Comment

Business Wire India

12M 2025

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260225107874/en/

Oliver Bäte, Chief Executive Officer of Allianz SE

Excellent momentum and record operating profit
Total business volume rises 8.1¹ percent and reaches 186.9 billion euros with contributions from all segments
Operating profit increases 8.4 percent to 17.4 billion euros, our highest operating profit ever
Shareholders’ core net income advances 10.9 percent to 11.1 billion euros
Core earnings per share (EPS) grow 12.5 percent and reach 28.61 euros
Core return on equity (RoE) reaches an excellent level of 18.1 percent
Solvency IIratio² increases 10 percentage points to 218 percent supported by excellent capital generation

4Q 2025

Diversified growth and double-digit increase in shareholders’ core net income
Total business volume rises 6.5 ¹percent with contributions from all segments
Operating profit increases 3.0 percent to 4.3 billion euros, driven by excellent contribution from the Property-Casualty segment
Shareholders’ core net income advances 12.2 percent and reaches 2.7 billion euros

Outlook & other

For 2026, Allianz targets an operating profit of 17.4 billion euros, plus or minus 1 billion euros³
Management to propose a dividend per share of 17.10 euros, an increase of 11.0 percent from 2024
Allianz has announced a new share buy-back program of up to 2.5 billion euros on February 25, 2026

CEO comment

“Allianz’s record results for 2025 demonstrate – again – our ability to deliver reliably, including in rapidly shifting and increasingly divisive environments. The strength of our performance and fundamentals goes well beyond our financial discipline and operational resilience. Our success is also powered by our leading brand strength, record customer loyalty, and highly motivated employees.

Customers expect protection and peace of mind at a price that they can afford, which is why our ability to offer superior value is so vital to the continued growth of our customer base. To mitigate deepening polarization in the world, it remains our strategic priority – as well as our societal responsibility – to ensure that people can access the freedom and security that our products and services provide.”

– Oliver Bäte, Chief Executive Officer of Allianz SE

FINANCIAL HIGHLIGHTS

Allianz Group: An excellent start to our Capital Markets Day delivery

Key performance indicator	4Q 2025	Change vs prior year	12M 2025	Change vs prior year
Total business volume (€ bn)⁴	45.7	6.5%	186.9	8.1%
Operating profit (€ mn)	4,297	3.0%	17,374	8.4%
Shareholders’ core net income (€ mn)	2,731	12.2%	11,113	10.9%
Core return on equity (%)			18.1	1.2%-p
Solvency II ratio (%)			218	10%-p

CFO comment

“We had an excellent start into our new strategic cycle. Our performance highlights the strength and resilience of Allianz’s business model.

Allianz’s record results for 2025 are characterized by very good growth across our segments and excellent profitability, while we further enhanced our financial strength. This demonstrates our ability to create sustainable value for our customers and shareholders alike.

As we pursue our 2026 target of an operating profit of 17.4 billion euros, plus or minus 1 billion euros, we continue the focused execution of our strategic Capital Markets Day priorities to deliver on our 2025 – 2027 plan.”

– Claire-Marie Coste-Lepoutre, Chief Financial Officer of Allianz SE

Allianz’s 12M 2025 results were excellent. Allianz sustained its momentum across all three segments and achieved a record operating profit.

Our total business volume expanded to 186.9 billion euros (12M 2024: 179.8 billion euros). Internal growth, which excludes the effects of foreign-currency translation as well as acquisitions and divestments, was strong at 8.1percent, supported by growth across all segments.

Operating profit reached a record level of 17.4 (16.0) billion euros, an increase of 8.4 percent. The Property-Casualty business was the main growth driver and all business segments exceeded their full-year outlook midpoints.

Shareholders’ core net income rose by 10.9 percent to 11.1 (10.0) billion euros. Adjusted for a one-off tax provision related to the sale of our stake in our Indian Joint Ventures in 1Q 2025 and the divestment gain on the UniCredit Joint Venture in 2Q 2025, shareholders’ core net income was up by 9.3 percent.

Core earnings per share (EPS)⁵ amounted to 28.61 (25.42) euros, an increase of 12.5 percent. Adjusted for the above-mentioned one-off tax provision and divestment gain, core earnings per share rose 10.8 percent.

Allianz has delivered an excellent core return on equity (RoE)⁵of 18.1 percent in 12M 2025 (12M 2024: 16.9 percent). Adjusted for the effects of the one-off tax provision and divestment gain, the core return on equity was 17.8 percent.

This performance was achieved while Allianz further strengthened its capitalization. The Solvency II ratio was 218 percent, an increase of 10 percentage points compared to full-year 2024 (209 percent) and 3Q 2025 (209 percent). This development was supported by excellent operating capital generation of 25 percentage points after tax/before dividend.

In 4Q 2025, Allianz delivered a strong performance, characterized by good growth across our three segments and excellent profitability.

Our total business volume amounted to 45.7 billion euros (4Q 2024: 45.9 billion euros). Internal growth was good at 6.5 percent and all segments contributed.

Operating profit rose 3.0 percent to 4.3 (4.2) billion euros, reaching 27 percent of our full-year outlook midpoint. The increase was mainly driven by excellent operating profit growth in our Property-Casualty business.

Shareholders’ core net income advanced 12.2 percent to 2.7 (2.4) billion euros. A higher operating profit and an improved non-operating result contributed.

Outlook

In 2026, Allianz targets an operating profit of 17.4 billion euros, plus or minus 1 billion euros.

Other

The Board of Management proposes a dividend per share of 17.10 euros (2024: 15.40 euros) for 2025, an increase of 11.0 percent from 2024.

On February 25, 2026, Allianz has announced a new share buy-back program of up to 2.5 billion euros.

Property-Casualty insurance: Excellent delivery across all dimensions

Key performance indicator	4Q 2025	Change vs prior year	12M 2025	Change vs prior year
Total business volume (€ bn)⁴	19.9	6.7%	86.7	8.2%
Operating profit (€ mn)	2,134	9.6%	8,992	13.9%
Combined ratio (%)	93.6	-1.1%-p	92.2	-1.3%-p
Loss ratio (%)	69.8	-0.9%-p	68.3	-1.0%-p
Expense ratio (%)	23.8	-0.2%-p	23.9	-0.3%-p

Core messages Property-Casualty insurance 12M 2025

Very good internal growth across retail and commercial
Record operating profit, well exceeding the full-year outlook midpoint
Excellent combined ratio supported by underwriting actions

In the 12M 2025 period, total business volume rose to 86.7 billion euros (12M 2024: 82.9 billion euros). Internal growth was very good at 8.2 percent.

Operating profit was excellent at 9.0 (7.9) billion euros, well exceeding our full-year outlook midpoint of 8.0 billion euros. Operating profit growth of 13.9 percent was almost exclusively driven by a higher operating insurance service result.

The combined ratio was at an excellent level of 92.2 percent (93.4 percent), with improvements in the loss ratio and the expense ratio. The loss ratio reached 68.3 percent, an improvement of 1.0 percentage point compared to prior year (69.3 percent). Lower natural catastrophe losses and underlying improvements from underwriting actions overcompensated a conservative run-off ratio. The expense ratio improved by 0.3 percentage points to 23.9 percent (24.2 percent), reflecting a successful ongoing productivity focus.

The retail⁶ business delivered excellent internal growth of 9 percent while our commercial⁷ business grew by 7 percent.

Profitability in both retail and commercial was strong. The retail combined ratio improved 1.8 percentage points to 92.4 percent (94.1 percent), while in commercial the combined ratio reached an excellent level of 91.7 percent (92.2 percent), an improvement of 0.5 percentage points.

Core messages Property-Casualty insurance 4Q 2025

Strong internal growth of 6.7 percent
Excellent operating profit of 2.1 billion euros, up 10 percent
Very good combined ratio, supported by a better loss ratio and expense ratio

In 4Q 2025,total business volume reached 19.9 billion euros (4Q 2024: 19.5 billion euros), a strong internal growth of 6.7 percent.

The operating profit grew to 2.1 (1.9) billion euros, an increase of 9.6 percent, reaching 27 percent of our full-year outlook midpoint. A stronger operating insurance service result was the main driver.

The combined ratio improved to a very good level of 93.6 percent (94.7 percent). The loss ratio was 69.8 percent (70.7 percent), an improvement of 0.9 percentage points. The expense ratio improved by 0.2 percentage points to 23.8 percent (24.1 percent).

Our retailbusiness delivered excellent internal growth of 9 percent and the combined ratio reached 94.5 percent (94.0 percent).

The commercialbusiness achieved an internal growth of 3 percent, carefully managing the market environment, while the combined ratio improved by 4.0 percentage points to a strong level of 92.6 percent (96.6 percent).

Life/Health insurance: Consistently good results

Key performance indicator	4Q 2025	Change vs prior year	12M 2025	Change vs prior year
PVNBP (€ mn)	21,163	-0.2%	84,682	3.5%
New business margin (%)	5.8	0.3%-p	5.7	-0.0%-p
Value of new business (€ mn)	1,217	5.3%	4,829	2.9%
Operating profit (€ mn)	1,364	-4.2%	5,601	1.7%
Contractual Service Margin (€ bn, eop)	55.7	1.4%⁸	55.7	5.2%⁹

Core messages Life/Health insurance 12M 2025

Good PVNBP growth of 3.5 percent from exceptionally high prior year level
Very good normalized CSM growth of 5.2 percent
Operating profit above full-year outlook midpoint

In 12M 2025, PVNBP, the present value of new business premiums, reached 84.7 billion euros (12M 2024: 81.8 billion euros), an increase of 3.5 percent from an exceptionally high prior year level or 7.5 percent higher adjusted for foreign currency translation effects and scope changes¹⁰. Growth was spread across most regions. The share of new business premiums generated in our preferred lines was 91 percent (93 percent).

The new business margin remained strong at 5.7 percent (5.7 percent) and the value of new business rose to 4.8 (4.7) billion euros, an increase of 5.8 percent adjusted for foreign currency translation effects and scope changes¹⁰.

Operating profit grew to 5.6 (5.5) billion euros, an increase of 1.7 percent, and exceeding our full-year outlook midpoint.

The Contractual Service Margin (CSM) remained broadly stable at 55.7 billion euros compared to 55.6 billion euros¹¹at the end of 2024. Very good normalized CSM growth of 5.2 percent was largely offset by foreign currency translation effects and non-economic movements.

Core messages Life/Health insurance 4Q 2025

New business margin strong at 5.8 percent
Value of new business increases 12 percent adjusted for foreign currency translation effects and scope changes
Operating profit good at 1.4 billion euros

In 4Q 2025, PVNBP, the present value of new business premiums, amounted to 21.2 billion euros (4Q 2024: 21.2 billion euros), an increase of 7.8 percent adjusted for foreign currency translation effects and scope changes¹⁰. The share of new business premiums generated in our preferred lines was 90 percent (92 percent).

The new business margin (NBM) of 5.8 percent (5.5 percent) was strong and above our ambition of at least 5 percent. The value of new business (VNB) increased by 5.3 percent to 1.2 (1.2) billion euros or 11.7 percent adjusted for foreign currency translation effects and scope changes¹⁰.

Operating profit reached a good level of 1.4 (1.4) billion euros, amounting to 25 percent of our full-year outlook midpoint.

Contractual Service Margin (CSM) increased to 55.7 billion euros (3Q 2025: 55.5 billion euros). Normalized CSM growth of 1.4 percent was very good and overcompensated non-economic movements.

Asset Management: Excellent third-party net inflows

Key performance indicator	4Q 2025	Change vs prior year	12M 2025	Change vs prior year
Operating revenues (€ bn)¹²	2.3	5.8%	8.5	5.9%
Operating profit (€ mn)	928	-1.5%	3,345	3.3%
Cost-income ratio (%)	60.0	-0.0%-p	60.7	-0.4%-p
Third-party net flows (€ bn)	45.5	173.2%	139.3	64.2%
Third-party assets under management (€ bn)			1,990	3.6%
Average third-party assets under management (€ bn)	1,978	4.8%	1,914	5.8

Core messages Asset Management 12M 2025

Operating profit increases 3 percent to 3.3 billion euros
Cost-income ratio improves to 60.7 percent, ahead of full-year ambition of around 61 percent
Excellent third-party net inflows of 139 billion euros

In 12M 2025, operating revenues increased to 8.5 billion euros (12M 2024: 8.3 billion euros), an internal growth of 5.9 percent. Growth was driven by higher AuM-driven revenues, which advanced by 8.3 percent adjusted for foreign currency translation effects. This was supported by higher average third-party AuM.

Operating profit rose to 3.3 (3.2) billion euros, up 3.3 percent, or 6.9 percent adjusted for foreign currency translation effects. The cost-income ratio (CIR) improved to a very good level of 60.7 percent (61.1 percent), ahead of our full-year ambition of around 61 percent. This development reflects strong underlying revenue momentum and management actions.

Third-party assets under managementamounted to 1.990 (1.920) trillion euros as of December 31, 2025, reaching an all-time high. Excellent net inflows of 139 billion euros and positive market effects of 94 billion euros were partly offset by negative foreign currency translation effects of 170 billion euros. Average third-party assets under management amounted to 1.914 trillion euros, 5.8 percent above the 2024 average.

Core messages Asset Management 4Q 2025

Assets under management (AuM)-driven revenues grow by 10 percent (F/X adjusted)
Operating profit at 928 million euros, reaching 28 percent of our full-year outlook midpoint
Strong third-party net inflows of 45 billion euros

In 4Q 2025, operating revenues reached 2.3 billion euros (4Q 2024: 2.4 billion euros), an internal growth of 5.8 percent. This was due to higher AuM-driven revenues, which increased by 10.5 percent adjusted for foreign currency translation effects.

Operating profit amounted to 928 (941) million euros, an increase of 5.3 percent adjusted for foreign currency translation effects. The cost-income ratio (CIR) was stable at an excellent level of 60.0 percent (60.0 percent).

Third-party assets under management of 1.990 trillion euros as of December 31, 2025 increased by 3.2 percent compared to 3Q 2025 (4Q 2024: 1.920 trillion euros; 3Q 2025: 1.928 trillion euros). Strong net inflows of 45 billion euros and market effects of 20 billion euros were the drivers. Average third-party assets under management increased 4.8 percent compared to 4Q 2024 and reached 1.978 trillion euros.

FOOTNOTES

_____________________________________
¹	Internal growth; total growth 4.0 percent in 12M 2025 and -0.5 percent in 4Q 2025.
²	Solvency II ratio / Solvency II capitalization ratio: ratio that expresses the capital adequacy of a company by comparing own funds to SCR. This applies to all information related to the Solvency II ratio in this document.
³	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.
⁴	Change refers to internal growth.
⁵	Core EPS and core RoE calculation based on shareholders‘ core net income.
⁶	Retail including SME and Fleet. This applies to all information related to retail in this document.
⁷	Commercial including large Corporate, MidCorp, credit insurance, internal and 3rd party R/I. This applies to all information related to commercial in this document.
⁸	Normalized CSM growth fourth quarter 2025.
⁹	Normalized CSM growth 2025, percentage calculated including the scope changes in the base value in the first quarter 2025 and including UniCredit Allianz Vita S.p.A. until the sale in the second quarter 2025.
¹⁰	Sale of our stake in UniCredit JV and transfer of our German accident insurance with premium refund (APR) and the Austrian health businesses from the P/C segment to the L/H segment.
¹¹	Figure includes gross CSM of EUR 0.8 bn as of December 31, 2024 for UniCredit Allianz Vita S.p.A., which was classified as held for sale in the third quarter of 2024.
¹²	Internal growth.

4Q & 12M 2025 RESULTS TABLE

Allianz Group – key figures 4th quarter and fiscal year 2025
				4Q 2025	4Q 2024	Delta		12M 2025		12M 2024	Delta
Total business volume			€ bn	45.7	45.9	-0.5%		186.9		179.8	4.0%
– Property-Casualty			€ bn	19.9	19.5	1.7%		86.7		82.9	4.7%
– Life/Health			€ bn	23.6	24.3	-2.6%		92.3		89.3	3.4%
– Asset Management			€ bn	2.3	2.4	-1.5%		8.5		8.3	2.2%
– Consolidation			€ bn	-0.1	-0.3	-42.7%		-0.6		-0.7	-16.5%
Operating profit / loss			€ mn	4,297	4,174	3.0%		17,374		16,023	8.4%
– Property-Casualty			€ mn	2,134	1,948	9.6%		8,992		7,898	13.9%
– Life/Health			€ mn	1,364	1,424	-4.2%		5,601		5,505	1.7%
– Asset Management			€ mn	928	941	-1.5%		3,345		3,239	3.3%
– Corporate and Other			€ mn	-129	-140	-7.7%		-565		-615	-8.2%
– Consolidation			€ mn	0	1	-69.6%		1		-4	n.m.
Net income			€ mn	2,821	2,636	7.0%		11,430		10,540	8.4%
– attributable to non-controlling interests			€ mn	157	163	-3.9%		655		609	7.7%
– attributable to shareholders			€ mn	2,664	2,472	7.7%		10,775		9,931	8.5%
Shareholders’ core net income¹			€ mn	2,731	2,434	12.2%		11,113		10,017	10.9%
Core earnings per share²			€	7.17	6.31	13.7%		28.61		25.42	12.5%
Dividend per share			€	–	–	–		17.10	³	15.40	11.0%
Additional KPIs
– Group		Core return on equity⁴	%	–	–	–		18.1%		16.9%	1.2%	-p
– Property-Casualty		Combined ratio	%	93.6%	94.7%	-1.1%	-p	92.2%		93.4%	-1.3%	-p
– Life/Health		New business margin	%	5.8%	5.5%	0.3%	-p	5.7%		5.7%	-0.0%	-p
– Asset Management		Cost-income ratio	%	60.0%	60.0%	-0.0%	-p	60.7%		61.1%	-0.4%	-p
								12/31/2025		12/31/2024	Delta
Shareholders’ equity⁵			€ bn					62.7		60.3	4.0%
Contractual service margin (net)⁶			€ bn					35.4		34.5	2.4%
Solvency II capitalization ratio⁷			%					218%		209%	10%	-p
Third-party assets under management			€ bn					1,990		1,920	3.6%

	Please note: The figures are presented in millions of Euros, unless otherwise stated. Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
1	Presents the portion of shareholders’ net income before non-operating market movements and before amortization of intangible assets from business combinations (including any related income tax effects).
2	Calculated by dividing the respective period’s shareholders’ core net income, adjusted for net financial charges related to undated subordinated bonds classified as shareholders’ equity, by the weighted average number of shares outstanding (basic core EPS).
3	Proposal.
4	Represents the ratio of shareholders’ core net income to the average shareholders’ equity at the beginning and at the end of the year. Shareholders’ core net income is adjusted for net financial charges related to undated subordinated bonds classified as shareholders’ equity. From the average shareholders’ equity, undated subordinated bonds classified as shareholders’ equity, unrealized gains and losses from insurance contracts and other unrealized gains and losses are excluded.
5	Excluding non-controlling interests.
6	Includes net CSM of EUR 0.3bn as of 31 December 2024 for UniCredit Allianz Vita S.p.A., which was classified as held for sale in 3Q 2024. Sale has been completed in 2Q 2025.
7	Risk capital figures are group diversified at 99.5% confidence level.

RATING

Ratings¹	S&P Global	Moody’s	A.M. Best²
Insurer financial strength rating	AA \| stable outlook	Aa2 \| stable outlook	A+ \| stable outlook
Counterparty credit rating	AA \| stable outlook	Not rated	aa³ \| stable
Senior unsecured debt rating	AA	Aa2 \| stable outlook	aa \| stable
Subordinated debt rating	A+/A	A1/A3⁴ \| stable outlook	aa- / a+ \| stable
Commercial paper (short term) rating	A-1+	Prime-1	Not rated

¹	Includes ratings for securities issued by Allianz Finance II B.V. and Allianz Finance Corporation.
²	A.M. Best’s Rating Reports reproduced on www.allianz.com appear under licence from A.M. Best Company and do not constitute, either expressly or implicitly, an endorsement of Allianz’s products or services. A.M. Best’s Rating Reports are the copyright of A.M. Best Company and may not be reproduced or distributed without the express written consent of A.M. Best Company. Visitors to www.allianz.com are authorised to print a single copy of the rating report displayed there for their own use. Any other printing, copying or distribution is strictly prohibited. A.M. Best’s ratings are under continual review and subject to change or affirmation. To confirm the current rating visit www.ambest.com.
³	Issuer credit rating.
⁴	Final ratings vary on the basis of the terms.

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About Allianz

The Allianz Group is one of the world’s leading insurers and asset managers with around 97 million customers* in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 764 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 2.0 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2025, over 156,000 employees achieved total business volume of 186.9 billion euros and an operating profit of 17.4 billion euros for the Group.

*Customer count reflects Allianz customers in consolidated entities that are part of the customer reporting scope only.

** As of December 31, 2025.

These assessments are, as always, subject to the disclaimer provided below.

Cautionary note regarding forward-looking statements

This document includes forward-looking statements, such as prospects or expectations, that are based on management’s current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements.

Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz’s core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) adverse publicity, regulatory actions or litigation with respect to the Allianz Group, other well-known companies and the financial services industry generally, (iv) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (v) mortality and morbidity levels and trends, (vi) persistency levels, (vii) the extent of credit defaults, (viii) interest rate levels, (ix) currency exchange rates, most notably the EUR/USD exchange rate, (x) changes in laws and regulations, including tax regulations, (xi) the impact of acquisitions including and related integration issues and reorganization measures, and (xii) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update

Allianz assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.

Other

The figures regarding the net assets, financial position and results of operations have been prepared in conformity with International Financial Reporting Standards. Information is based on preliminary figures. Final results for fiscal year 2025 will be released on March 13, 2026 (publication of the Annual Report). This is a translation of the German Quarterly and Full Year Earnings Release of the Allianz Group. In case of any divergences, the German original is binding.

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