Allianz profit plummets 29%; CEO stresses 'resilience' amidst COVID-19 turmoil

12-05-2020

German insurance giant Allianz said first quarter 2020 results were "resilient" despite facing COVID-19 induced turmoil and financial market headwinds that aggravated business conditions and slashed its profits by almost 29 percent.


Allianz, Coronavirus, 2020 Results, Q1, Insurance, Reinsurance, Giulio Terzariol, Jon Dye, UK, Europe

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