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Allianz sees net income decline by 29%


German insurer Allianz SE's net income attributable to shareholders declined by 29% to €2.1 billion ($2.2 billion) in the third quarter of this year and operating profit fell 14.6% year-on-year to €3.5 billion, Breaking The News reported. Meanwhile, the insurer’s total revenue increased by 4.5% to €36.5 billion in the reported period.

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