Moody’s: Allianz results validate Aa3 rating
Ratings agency Moody’s has claimed that Allianz Group’s recent financial results support its decision to grant the insurer an Aa3 insurer financial strength rating.
As part of its results, the insurer reported net income of €5.2bn for 2010, up from €4.7bn in 2009. As well as its Aa3 rating, Moody's also granted the insurer a stable outlook.
Paul Oates, vice
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