Allianz recently reported that its revenue from sustainable solutions in the property and casualty (P&C) segment increased to €4.9 billion (approximately $5.3 billion) in 2024. This marks a significant 63% increase compared to the previous year. The growth reflects Allianz's ongoing commitment to expand its offerings in the sustainability space, aiming to meet the rising demand for eco-friendly insurance solutions.
Despite this positive growth in sustainable revenue, Allianz also noted a concerning rise in emissions intensity within its commercial insurance unit. The company’s annual report indicates that emissions intensity increased by 6.4% year over year. This uptick raises questions about the balance between expanding sustainable solutions and the overall environmental impact of their commercial operations.
Allianz's results underscore a pivotal moment for insurers as they strive to provide sustainable products while addressing their carbon footprints. Stakeholders in the insurance market will want to monitor how Allianz and others in the industry balance these competing priorities moving forward.
Original Source: https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3PX0MJ:0-allianz-emission-intensity-up-6-4-year-on-year-in-commercial-insurance-unit/