Allianz sees drop in operating profit due to high catastrophe claims
Allianz has experienced a drop in operating profit in its property and casualty business due to a high number of catastrophe claims.
In the first nine months of 2016, operating profit fell by 9.9% to €3.3bn (£2.84bn) in Q3 of 2016 due to an increased number of high claims from natural catastrophes in the second quarter and lower
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