• 11/25/2024

Allianz Profits Jump, Helped by U.S. Growth

Wall Street Journal

Allianz posted a 24% rise in first-quarter operating profit, driven by growth in its U.S. life-health business and a stronger result in its property-casualty segment, but profits for the asset-management division–which houses Pimco–fell 13%.

https://www.wsj.com/articles/allianz-confirms-2023-guidance-after-1q-net-profit-jumped-6ac3e437