Allianz 'bang on' for revenue goals despite Q1 results: Dye
Allianz UK chief executive Jon Dye told Post the firm was "absolutely overall where we want to be" despite a 46% fall pre-tax profits to £24.7m for the first quarter of 2014.
Dye, pictured, blamed weather losses for the reduced profits in the quarter, in which the insurer also saw its combined ratio deteriorate to 99.8% (Q1 2013: 95.2%).
The insurer saw an impact of £20m
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