FRANKFURT (Reuters) – German insurer Allianz on Wednesday posted a better-than-expected 17% rise in third-quarter net profit and confirmed its full-year outlook.
Net profit attributable to shareholders was 2.464 billion euros ($2.47 billion) compared to 2.111 billion euros a year earlier. The figure surpassed a 2.320 billion euro consensus forecast.
($1 = 0.9995 euros)
(Reporting by Tom Sims, Alexander Huebner, Thomas Escritt; Editing by Chris Reese)