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Turnover on the rise as Allianz GA rebalances worldwide reach

globes

Allianz Global Assistance has recorded a 9% rise in growth in global turnover last year, exceeding the proclaimed objective of €2.2bn (£1.9bn).

The operation's combined ratio for the period was measured at 96% and operating profit of €113m represented an increase of 20.1%.

The business, which now employees 12 171 staff in 34 countries across

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