06-05-2015 08:52 via news.yahoo.com

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.
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