Allianz sees local GI premiums shrink by 3% in H1 2010

Allianz Arena Bayern Munich

In the first half of 2010, Allianz Deutschland AG increased revenues 6 percent, to €15.2 bn (H1 2009: €14.3 bn).

However, its property and casualty insurance premiums income decreased by 3 percent, to €5.5 bn (H1 2009: €5.7 bn).

Allianz added premium income in its automotive insurance arm was down 5.5 percent

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