Allianz AG News

Allianz Group - SWOT Analysis company profile is the essential source for top-level company data and information.

Allianz SE, Europe's biggest insurer, confirmed its full-year operating profit target after first- quarter net income climbed 60 percent on lower disaster claims.

Allianz saw operating profit rise 40 percent to 2.330 billion euros in the first quarter, as low damage claims and rising revenues in property-casualty insurance put the company on course for its 2012 earnings target.

Allianz saw operating profit rise 40 percent to 2.330 billion euros in the first quarter, as low damage claims and rising revenues in property-casualty insurance put the company on course for its 2012 earnings target.

Commerzbank AG faces paying out more than 50 million to 104 ex-Dresdner Kleinwort investment bankers who Wednesday won a legal battle to have their bonuses paid to them.

Allianz SE is sizing up potential acquisitions in property & casualty insurance, having a better grasp of future capital requirements for the business under Europe's planned Solvency II regime, Chief Executive Michael Diekmann told shareholders Wednesday.

Allianz SE, Europe's biggest insurer, said profit rose at least 53 percent in the first quarter as the industry had to pay less for claims from natural disasters.

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