Allianz boasts 65% profit resurgence

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Allianz Holdings has posted a 65% jump in operating profit in 2023, after 2022’s result was less than half the year before.

In 2021, Allianz’s operating profit stood at £317.6m, whereas in 2022 it stood at just £132.3m – a hit of £185.3m.

That 2022 figure has now been adjusted under the new IFRS 9 and IFRS 17 accounting

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