Allianz Q1 profits slip 3% to EUR3.2bn on higher nat cats
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Allianz Q1 profits slip 3% to EUR3.2bn on higher nat cats

Samuel Casey
12 May 2022
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Allianz profits declined by 3% to EUR3.2bn ($3.4bn) in the first quarter, as a heavier toll of natural catastrophes weighed on the insurer’s P&C unit.

Subsidiary Allianz Global Corporate & Specialty (AGCS) continued its run of improved results, with operating profits up 65% to EUR134mn.

P&C

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Allianz Results News
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Samuel Casey
Senior Reporter
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