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Allianz reported a better-than-expected rise in earnings for the second quarter on top-line growth that was driven by all its segments and backed its guidance for the year.
The German group's operating profit grew 12% to 4.41 billion euros--also surpassing consensus' 4.28 billion-euro estimate-- on a strong contribution from its property and casualty segment, it said.
Allianz is fully on track to achieve its full-year operating profit outlook of 16.0 billion euros, plus or minus 1 billion ...
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