Allianz: Q1 2011 profit to be close to Q1 2010 despite nat cat hit

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Based on preliminary figures, Allianz achieved total revenues of nearly Euros 30bn in the first quarter of 2011, compared to Euros 30.6bn in the first quarter of 2010.

It added operating profit is expected to reach nearly Euros 1.7bn, close to last year's first quarter profit level' and expenses from natural catastrophes in the first quarter of 2011 will amount to

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