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Allianz Posts Surge In Q3 Net Profit

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Allianz SE (OTC: AZSEY) reported a strong rise in its net profit in the third quarter.

Net profit attributable to shareholders surged to EUR1.34 billion, versus EUR196 million, in the year-ago period.

Allianz's quarterly operating profit jumped 33% y/y to EUR2.53 billion, from EUR1.91 billion.

Allianz shares closed at $11.98 yesterday.

Posted-In: profitEarnings News

 

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