AGCS reserve strengthening dents Allianz 2019 P&C earnings
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AGCS reserve strengthening dents Allianz 2019 P&C earnings

Catrin Shi
21 February 2020
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Allianz operating profit grew 3 percent in 2019 to EUR11.9bn ($12.8bn) as the life and asset management divisions narrowly offset a decline in P&C earnings, driven by a EUR600mn reserve strengthening at Allianz Global Corporate & Specialty.

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