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Allianz posts 57.9% increase in net income for Q1

Graphic showing rise in money

Allianz recorded strong performance in the first three months of 2012, with quarterly revenues, operating profit and net income all exceeding first-quarter 2011 levels.

First-quarter 2012 revenues were €30.1bn, the second-highest in Allianz's history, up from €29.9bn in the first quarter of 2011.

Operating profit was €2.3bn, 40.4% higher than the previous year's €1

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