Allianz posts better-than-expected Q3 profit By Reuters


© Reuters. FILE PHOTO: The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau/File Photo

FRANKFURT (Reuters) – German insurer Allianz (ETR:) on Wednesday posted a better-than-expected 17% rise in third-quarter net profit and confirmed its full-year outlook.

Net profit attributable to shareholders was 2.464 billion euros ($2.47 billion) compared to 2.111 billion euros a year earlier. The figure surpassed a 2.320 billion euro consensus forecast.

($1 = 0.9995 euros)

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