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Allianz’s operating profit up 17% in Asia

Posted On: Feb. 21, 2023 9:59 AM CST

Financial results

Germany-based insurer Allianz SE's total operating profit in Asia increased 17% year-on-year to €674 million ($720 million) in 2022, Asia Insurance Review reported. The property and casualty segment reported an 8% increase in operating profit to €141 million, with total revenues increasing by 17% to €1.7 billion.