Allianz P&C combined ratio worsens in Q1

German insurance giant Allianz revealed a deterioration in its
first-quarter P&C combined ratio in a quarterly results
preview.
The carrier said that claims stemming from large losses and
natural catastrophes had caused the combined ratio for its P&C
insurance segment to worsen by 2.3 percentage points, taking the
total to 95.6 percent.
The figures were released ahead of Allianz's AGM meeting
later today and before the company's full first-quarter report
on 12 May.
Allianz said group ope