Allianz Q1 profit plummets as write-downs bite
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Allianz Q1 profit plummets as write-downs bite

18 May 2009
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Insurance giant Allianz saw its net income for the first quarter of 2009 drop by EUR1.12bn to EUR29mn compared to Q1 2008, as write-downs almost doubled to EUR708mn and its property and casualty (P&C) business produced sluggish figures.

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NewsMay 2009/3
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