Allianz withdraws profit targets as net income drops 30% amid COVID-19

01-05-2020

Allianz withdraws profit targets as net income drops 30% amid COVID-19

German insurer Allianz has withdrawn its profit target for full-year 2020, citing "uncertainties for the macroeconomic development" caused by the ongoing COVID-19 pandemic.


Allianz, Profits, Q1, Results 2020, Coronavirus, insurance, Reinsurance, Germany, Europe

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