Allianz's global P&C profit falls 4.2% in 2016; P&C COR improves to 94.3%
German global insurer Allianz finished the year with a strong fourth quarter to meet its profit expectations for 2016 despite weaker investment returns in its P&C business.
2016 global operating profits were €10.8bn (£9bn) compared with €10.7bn in 2015 - a fifth consecutive year of annual operating profit rises - with Q4 2016 operating profits up 9.3% to €2.8bn over Q4
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