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Allianz lifts dividend, posts Q4 profit

25 February 2010

Allianz, Europe’s largest insurer, said Thursday that it plans to increase its dividend by 17% after reporting a Eu1.08bn ($1.47bn) profit in the fourth quarter compared to a loss of Eu145m a year ago.

Read more: Allianz dividend profit dresdner Michael Diekmann

Allianz, Europe’s largest insurer, said Thursday that it plans to increase its dividend by 17% after reporting a Eu1.08bn ($1.47bn) profit in the fourth quarter compared to a loss of Eu145m a year ago.

The Munich-based insurer said full-year profits increased 13.2% to Eu4.7bn last year after the firm had been hit by investment write-downs and...


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