Insurance Post

Allianz Group 'robust' despite lower operating profit in P&C

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Allianz Group has posted revenues of €25.2bn in the second quarter of 2012, up 2.5%, or €24.6bn, on the same period in 2011.

Quarterly operating profit rose 2.8% to €2.4bn from €2.3bn in the second quarter of 2011.

Growth in operating profit in life and health insurance and asset management offset a lower operating profit

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