Tag: Unexpected

  • Allianz Reports Unexpected Increase in Q3 Net Profit of 6%

    German insurer Allianz on Friday declined to offer a forecast for 2020 given uncertainty across the COVID-19 pandemic, despite delivering an unexpected 6% rise in third-quarter net profit. Allianz, like other insurers, has warned concerning the impact of clients making claims for business interruption and canceled events from lockdowns, while demand for automotive and travel […]