Allianz P&C profit edges higher in Q1 despite storm claims
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Allianz P&C profit edges higher in Q1 despite storm claims

John Hewitt Jones
15 May 2018
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Operating profit in Allianz’s P&C business segment rose by 1.2 percent to EUR1.27bn ($1.51bn) in the first quarter.

Earnings in the division, which includes commercial specialty insurer AGCS, improved despite losses of EUR220mn arising from storm Friederike, which swept across...

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