Breaking News, World News and Taiwan News.

Allianz says profits up by nearly sevenfold in previous quarter

FRANKFURT -- German insurance giant Allianz said Friday that net profit soared nearly sevenfold in the third quarter, as year-earlier figures had been hit by heavy write-downs on its holdings of Greek bonds.

On the back of the strong performance, Allianz upheld its full-year forecast for operating profit of more than 9 billion euros (US$11.5 billion).

 

 

 

 

 

 

 

 

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search