NU Online News Service, Feb. 25, 1:26 p.m. EST

Allianz Group reported it moved out of the loss column in 2009 with net income of EUR4.35 billion ($5.87 billion) for the year and EUR1.09 billion ($1.47 billion) for the quarter.

In 2008 the firm had a loss of EUR2.2 billion ($2.97 billion), or negative EUR5.47 ($7.39) a share.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.