Saturday September 26, 2020

Allianz net profits surge 10% in Q2

Allianz has reported that its net profit rose by 10.5 per cent to €1.76 billion in the second quarter and said it will stick to its previously announced full-year growth targets.

8th August, 2014

Allianz has reported that its net profit rose by 10.5 per cent to €1.76 billion in the second quarter and said it will stick to its previously announced full-year growth targets.

Europe’s largest insurer said operating profit was up 17 per cent to €2.77 billion and revenues surged by 10 per cent to nearly €30 billion.

Excluding July, Allianz said its revenues rose 7.8 per cent to more than €63.4 billion — a new record for...

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