Allianz reports dip in profits
Allianz has revealed its results for the first quarter of 2008, with profit before tax falling 13% to £42.3m on the same period last year.
The insurer also reported a rise in its combined ratio by 1% to 97.1%, although gross written premium income rose to £383.3m from £361.6m (Q1: 2007).
In commercial lines, GWP grew by 7.2%, with the
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