Allianz P&C profit up 22.7% to EUR1.87bn as cat impacts fall
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Allianz P&C profit up 22.7% to EUR1.87bn as cat impacts fall

Rachel Dalton
12 May 2023
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Allianz’s Q1 profit grew by 24.2% year on year to EUR3.7bn ($4.04bn) as results improved in both the P&C and life and health (L&H) segments.

The company’s commercial lines subsidiary Allianz Global Corporate & Specialty (AGCS) continued in its improvement, posting a quarterly operating profit of EUR202mn, up 11% on the prior-year period.

The

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Results News Allianz
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Rachel Dalton
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