Allianz Group reported a steady fourth quarter for its property and casualty (P&C) segment, with revenue slightly up at EUR11.2bn, a 2.4 percent increase on the prior-year period.
Full year revenue was down slightly, by 0.1 percent at EUR51.5bn.
The P&C business returned a EUR4.42bn operating profit in Q4, up 16.4 percent on the same period in 2015. The full year result was down 4.2 percent on 2015, at EUR5.37bn.
The fourth quarter combined ratio for P&C business also improved...
If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership