Allianz confident on 2015 goals after earnings rise
German insurer Allianz is confident of reaching its full year goal after posting an 11 percent rise in net income and a five percent increase in operating profit in the first quarter, bolstered by strong revenue gains, it said on Wednesday. "We remain confident in achieving our full-year operating profit target of 10.4 billion euros, plus or minus 400 million euros," said Allianz Chief Executive Michael Diekmann in a statement ahead of the annual meeting of shareholders.
Read more »