Allianz Q3 profit slips to EUR2.9bn as lower nat cats help offset Covid impact
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Allianz Q3 profit slips to EUR2.9bn as lower nat cats help offset Covid impact

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Allianz’s operating profit decreased by a less-than-expected 2.6% to EUR2.9bn ($3.4bn) in the third quarter as lower claims from natural catastrophes helped insulate the P&C unit from Covid-19 impacts.

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