AGCS Q3 profits surge to EUR170mn as Allianz posts EUR100mn Ian loss
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AGCS Q3 profits surge to EUR170mn as Allianz posts EUR100mn Ian loss

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Allianz Global Corporate & Specialty (AGCS) profits surged to EUR170mn ($171mn) in the third quarter as it continued to bear the fruits of past remediation efforts.

Profits were up 7% at a group level to EUR3.5bn, as the carrier reported a EUR100mn loss relating to the impact of Hurricane Ian.

AGCS:

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