Allianz in Q2 beat as operating profit surges 30% despite nat cat bill of €607mn

Allianz Q2 results

German insurer Allianz has delivered a consensus-beating second quarter operating profit of €3.32bn ($3.93bn) – up 29.4 percent on the prior-year period – with all divisions driving the result with the exception of its P&C unit, which marginally missed analysts’ forecasts.

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