German insurance giant Allianz saw its net income for the first quarter of 2009 drop by EUR1.12bn to EUR29mn compared to Q1 2008, after writedowns on equities rose to EUR708mn from EUR365mn a year earlier.
German insurance giant Allianz saw its net income for the first quarter of 2009 drop by EUR1.12bn to EUR29mn compared to Q1 2008, after writedowns on equities rose to EUR708mn from EUR365mn a year earlier.