FRANKFURT: German insurer Allianz on Friday posted a better-than-expected 46% jump in second-quarter net profit and provided a rosier outlook for the full year as it emerges from pressure on business caused by the coronavirus pandemic.
Net profit attributable to shareholders of 2.225 billion euros ($2.60 billion) in the three months through June compares with 1.528 billion euros a year earlier. The figure beat a 2.055 billion euro consensus forecast.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!