Allianz Profit Worse Than Expected on Disasters, Unit SaleBy
Pimco outflows grow from first quarter to 18 billion euros
April sale of South Korean unit to Anbang results in charge
Allianz SE said second-quarter profit almost halved, missing estimates, as Europe’s biggest insurer faced higher claims from natural disasters and charges for the expected sale of its South Korea unit.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.