Allianz reports largest Covid-19 loss of European P&C insurers

Q1-Covid-19-loss-disclosures i

German insurance giant Allianz today revealed it had experienced Eur500mn ($542mn) of Covid-19 related losses in its P&C division in the first quarter, as well as Eur300mn in its life and health business, the largest estimate yet from any European P&C insurer.

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