Allianz's net profit surges 34%
Article Abstract:
Allianz Aktiengesellschaft Holding of Germany posted a soaring 34 percent increase in first quarter net profit to 1.78 billion Euros ($2.3 billion). Revenues were buoyed by market share increases in the banking, life and health insurance sectors. Allianz Aktiengesellschaft Holding is the largest insurance interest in Europe.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Allianz net profit bolstered by sale of stockholdings
Article Abstract:
First-quarter net profit for Allianz SE rose 78% to reach $4.36 bil, assisted by the sale of its stakes in retailer KarstadtQuelle AG and automaker BMW AG. Although total revenue dropped 1%, share prices were unchanged.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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German insurers to get stock-loss tax break
Article Abstract:
The government of Germany is planning to make insurance securities losses tax deductible. The move is designed to improve insurance companies' profits.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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