News Formal

Allianz first-quarter net profit drops 29% as coronavirus outbreak dampens business

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

German insurer Allianz on Tuesday posted a 29% fall in net profit in the first quarter from a year earlier as the coronavirus outbreak slows business.

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

The insurer had last month flagged the drop when it published preliminary figures, and it abandoned its profit target for the full year, blaming economic uncertainty amid the pandemic. Net profit attributable to shareholders of 1.4 billion euros in the first quarter is down from 2.0 billion euros a year ago.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

The pandemic has disrupted the economy, many people have filed for unemployment Latest updates | cases per million population👇 Corona CoronaVirusUpdate

They owe me $1000 for bogus insurance bought through Expedia. Thieves!

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker