Allianz SE (ALVG.DE): Inside Allianz #15 takeaways

研报英文原文证据摘录

Allianz SE (ALVG.DE): Inside Allianz #15 takeaways

Equity Research

26 June 2026 | 7:49PM BST

Allianz hosted its Inside Allianz Series #15 with focus areas including Andrew Baker, CFA

+44(20)7051-2074 |

Autonomous cars, Allianz Direct, Germany Life and Germany P&C. Combined andrew.x.baker@gs.com

Goldman Sachs International

these businesses represent c.23% of total business volumes and c.18% of group

Vash Gosalia, CFA

operating profit. Presentations provided greater insight into the underlying +44(20)7051-0132 |

businesses, with common themes including Allianz’s market leadership vash.gosalia@gs.comGoldman Sachs International

positions, a focus on technical excellence, disciplined growth and the potential Alice Palumbo

for scalable AI benefits across its platform. +44(20)7051-2403alice.palumbo@gs.com|

Ankitha Giridhar

Autonomous Cars +1(332)245-7972 |

ankitha.giridhar@gs.com

The mass adoption of autonomous vehicles is expected to take time but also to Goldman Sachs India SPL

reduce the number of road accidents, with Allianz forecasting a c.20% reduction in

accidents by 2035 and c.50% by 2060. This changing mobility transforms the liable

parties from the driver today to 6 potential liability partners including the owner,

OEM, tier supplier, AI / software, technical supervision and authority / approval. This

creates a more complex risk landscape for the insurer, requiring modified products,

specific AV pricing risks, risks shifting from the human driver to technology,

increasing cyber vulnerabilities and liability frameworks which are still being

developed. Despite a low penetration today, Allianz sees itself as well positioned

given its: 1) global footprint, 2) its research capabilities (Allianz Center for

Technology), and 3) retail, commercial and partnership expertise.