Allianz sees GI go backwards in Germany

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Premium income in property and casualty insurance slipped 1.2 percent, to EUR 9.2bn (EUR 9.3 bn), with prices under pressure all across the market, especially in motor insurance.

Allianz Deutschland AG increased its revenues 6.9 percent in 2009 (according to preliminary figures) to EUR 27.7bn (EUR 26.0bn).

However, premium income in property and casualty insurance slipped 1.2

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