Allianz Australia has been listed among the Best Workplaces in Australia for 2025, taking seventh place in the Large Employer category. The company advanced from 10th place in 2024.
Managing director Richard Feledy said the ranking reflected the company’s focus on culture and employee experience.
“At Allianz Australia, we’re committed to fostering a culture of care within our workplace, where our people feel supported and valued. By offering flexibility, encouraging continuous learning, and providing meaningful benefits, we create an environment where everyone can contribute their best,” he said.
He noted that a diverse workforce contributed to the company’s approach.
“We’re proud that people from all backgrounds choose to build their careers with us, bringing unique perspectives that drive creativity and innovation,” Feledy said.
Chief people and culture officer Anna Stavropoulos said employee feedback was central to the outcome.
“This recognition reflects the feedback and lived experiences of our people and acknowledges our commitment to fostering an inclusive workplace culture that prioritises lifelong learning and offers competitive benefits and flexible working to ensure our people continue to thrive and deliver care to each other, our customers, and communities,” she said.
The workplace recognition coincides with Allianz Group reporting higher results for the second quarter of 2025.
Operating profit reached €4.4 billion, an increase of 12.2% compared with the same quarter last year. The result accounted for about 28% of the midpoint of its full-year target.
Shareholders’ core net income for the quarter increased 17.3% to €3.0 billion. When adjusted to exclude a one-off gain of €0.3 billion from the UniCredit joint venture, growth stood at 7.1%.
Allianz reaffirmed its full-year operating profit goal of €16.0 billion, allowing for a ±€1.0 billion range to factor in potential pressures such as catastrophe losses and capital market volatility.
For the first six months of 2025, the group reported operating profit of €8.6 billion, up 9.3% year-on-year and the highest half-year result recorded by the company. Shareholders’ core net income rose 9.5% to €5.5 billion.
After adjusting for a one-time tax charge in Q1 relating to the planned exit from Indian joint ventures and the UniCredit gain in Q2, core net income was up 6.2%.
Business volume in the first half rose to €98.5 billion from €91.0 billion a year earlier, representing internal growth of 10.1%.
Life and health lines delivered strong results, with new business premiums increasing 16.8% to €26.1 billion, supported by demand for savings products and improved profitability in health portfolios.
Core earnings per share rose 11.3% to €13.99 in the half-year period. When adjusted for one-off factors, the increase was 7.9%.
The annualised core return on equity stood at 18.5%, or 17.9% on an adjusted basis, compared with 16.9% in the prior full year.
The group’s Solvency II ratio at the end of Q2 was 209%, up from 208% in the previous quarter.
Allianz continued its €2.0 billion share buyback program, announced earlier this year, with half completed in the first half.
