Allianz revenues down 2.7% to €103.6bn
German general insurer Allianz reported a 2.7% reduction in revenues for the full year 2011, down to €103.6bn from €106.5bn in 2010.
Net income for 2011 was €2.8bn, down from €5.2bn the year before. The decline of 46.2% was attributed to very conservative non-operating impairments of €1.9bn form Greek sovereign debt and investments
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