Allianz Q2 Profit Jumps Backs Annual View Axa H1 Earnings Slide

AXAHY.PK ) reported a 3 percent drop in first-half profit, while revenues grew modestly, amid the negative impact of interest rates and Forex hedging derivatives.For Allianz, net income attributable to shareholders climbed 26.8 percent to 1.59 billion euros ($2.1 billion) from 1.252 billion euros in the previous year. Allianz recorded lower impairments and higher realized gains in the …

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