Allianz Q4 2015 Profit Rises to $1.6B on Cat Claims, Lower Than Analyst Estimates

Allianz SE missed analyst estimates for fourth-quarter profit on claims from natural catastrophes. Net income at Europe’s biggest insurer increased to 1.42 billion euros ($1.6 billion) in the quarter from 1.22 billion euros a year earlier, the Munich-based company said …

from News – Insurance Journal