Allianz Q1 Profit Rises 21% to $2.5B, Helped by Gains from Selling Investments

Allianz SE said first-quarter profit surged 21 percent, beating analysts’ estimates, as Europe’s biggest insurer was helped by gains from selling investments. The shares rose. Net income climbed to 2.2 billion euros ($2.5 billion) from 1.8 billion euros [$2.1 billion] …

from News – Insurance Journal