Allianz Malaysia’s quarterly net profit up

El-Erian, the chief economic adviser to Allianz: "Think of sterling as facing a double whammy with no strong anchor."

KUALA LUMPUR: Allianz Malaysia Bhd’s net profit for the third quarter ended Sept 30 increased to RM99.87mil from RM67.52mil registered in the corresponding period last year.

Revenue in Q3 rose to RM1.30bil from RM1.18bil chalked up previously.