AGCS operating profit up 17% to EUR236mn in Q1 as rate momentum slows
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AGCS operating profit up 17% to EUR236mn in Q1 as rate momentum slows

Premium income was down due to lower volume in financial lines and alternative risk transfer.

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Allianz Global Corporate & Specialty (AGCS) reported an operating profit of EUR236mn ($255mn) during Q1, an increase of 17% on the prior-year quarter.

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