BREAKING NEWS

BREAKING NEWS

Allianz first quarter net profit edges up in line with expectations

Allianz first quarter net profit edges up in line with expectations
FILE PHOTO: The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau -
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Charles Platiau(Reuters)
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FRANKFURT (Reuters) - German insurer Allianz posted on Tuesday a small rise in net profit in the first quarter from a year earlier, in line with expectations.

Net profit attributable to shareholders of 1.969 billion euros (1.71 billion pounds) compares with the 1.908 billion euro profit forecast by analysts in a Reuters poll and is up from 1.939 billion euros a year ago.

(Reporting by Tom Sims; Editing by Thomas Seythal)

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