Allianz Posts Surge In Q3 Net Profit
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.
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