Allianz Q2 Profit Rises 23% on Restructuring, Fewer Disaster Claims

As Allianz SE Chief Executive Officer Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by lower natural disaster claims rewarded his strategy. Operating profit jumped 23 percent to 2.9 billion euros ($3.4 billion), Europe’s largest insurer …

from News – Insurance Journal http://ift.tt/2v1nsUM
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