Allianz Marine & Aviation confirms 2003 results
Allianz Marine & Aviation, the Allianz Group brand for specialist transportation, shipping and aviation has announced an improved combined ratio of 87% and earnings after tax of €64m (2002 - €17m).
The company also reported that gross written premiums (GWP) were in line with plan at €1.1bn, down from €1.4bn in 2002. Combined ratio showed a further improvement from 95% in 2002 to 87% in 2003.The
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