Allianz Group in the Second Quarter of 2010; Increase of Operating Profit by 22.7 Percent to 2.2 Billion Euros; Quarterly Revenues Grow at Double-Digit Rate to 25.4 Billion Euros; Net Income of 1.1 Billion Euros, Reflecting Lower Harvesting; Property-Casualty
ENP Newswire 2010, August 9
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Publisher Description
ENPNewswire-9 August 2010-Allianz Group in the second quarter of 2010; Increase of operating profit by 22.7 percent to 2.2 billion euros; Quarterly revenues grow at double-digit rate to 25.4 billion euros; net income of 1.1 billion euros, reflecting lower harvesting; Property-Casualty operating profit up 28 percent; Life/Health with strong internal revenue growth of 16 percent; Asset Management contributes 21.2 percent to Group net income; Solvency ratio increases to 170 percent(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 06082010 - Allianz Group today reported its results for the second quarter of 2010, which reflect a very good performance throughout the first half of the year.
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