home » General » Allianz quarterly net falls; insurer drops...Allianz quarterly net falls; insurer drops profit growth targetposted by arora(25) 15 months ago (www.marketwatch.com) SAN FRANCISCO (MarketWatch) -- Allianz Group reported a 28% decline in second-quarter net income late Wednesday and said it can't meet a long-term profit growth target as the German insurance giant continues to be weighed down by its Dresdner banking business.
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