Insurance Post

Allianz reports €30bn revenue in Q1

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Allianz Group achieved total revenues of over €30bn in the first quarter of 2012, based on preliminary figures, compared to €29.9bn the previous year.

Operating profit exceeded €2.3bn, approximately 40% above last year's €1.7bn.

Net income in the first quarter of 2012 topped €1.4bn, up nearly 60% from €915m over the same period in 2011

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