Germany's Allianz upgrades 2026 profit outlook

Nov 11 (Reuters) - Germany-based financial services company Allianz on Wednesday raised the upper end of its 2026 full-year operating profit target after reporting a record €14.1 billion ($15.64 billion) in operating profit for the first nine months of the year.

Allianz lifted the upper end of its operating profit outlook to around €18.6 billion, compared with its previous guidance of €17.4 billion plus or minus €1 billion.

($1 = €0.90)

(Reporting by Fabiola Arámburo in Mexico City; Editing by Joyjeet Das)