Allianz grows first half P&C GWP in Asia as profit falls
Global insurer Allianz saw P&C premium growth in Asia of 13% in the first half of the year as P&C profit fell the same percentage amount.
GWP climbed 13% to €416m (£379m) as pre-tax profits fell 13% to €29m. Allianz’s Asia CEO George Sartorel said growth had been strong in China and Sri Lanka but “profitability was slightly lower due to
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