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Allianz Third-Quarter Profit More Than Doubles as Investments Advance

Nov. 9 (Bloomberg) -- Allianz SE, Europe’s biggest insurer, said third-quarter profit from continuing operations more than doubled as investment income recovered from year-ago writedowns. Full Article at Bloomberg.com

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  1. FRANKFURT: German insurance group Allianz posted Monday a third quarter profit of 1.32 billion euros (1.97 billion US dollars), in line with expectations and nearly double the previous year's figure. Full Article at Channel News Asia

  2. Nov. 9 (Bloomberg) -- Allianz SE, Europe’s biggest insurer, said third-quarter profit more than doubled after investment income recovered from year-earlier writedowns. Full Article at Bloomberg.com

  3. Q3 2009 Q3 2008 Median estimate Reported Total revenue 20,960 22,010 Net premium income 14,600 14,802 Operating profit 1,802 1,563 Pretax profit 1,757 827 Net income 1,246 545 (all above for continued operations) Net... Full Article at Bloomberg.com

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