Allianz reports record operating profit of €14.7bn for FY23

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Reinsurance News - Feb 23, 2024

Insurance giant Allianz has reported a record operating profit of €14.7 billion for the full year 2023, an increase of 6.7% from €13.8 billion in the previous year, driven primarily by the Life/Health (L&H) business segment. Group-wide, total business volume grew 5.5% to €161.7 billion in 2023,...

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