Europe's leading international insurer, Allianz, rose 5.2% in quarterly operating profit. This was reported by the international news agency Reuters when announcing the company's results for the second quarter of 2013.
This figure is higher than expected by the multinational that during the months of April to June of this year, had a solid performance in the segment of property and accident insurance and in asset management, thus covering the low performance of the life insurance segment.
This 5.2% increase corresponds to quarterly operating profit of $529 million, "Based on our current projections we see the figure further toward the upper end of this range," Chief Executive Michael Diekmann said in a statement.
The executive added that the projections will be maintained until the natural catastrophes and the capital market crisis have not ceased or do not exceed the expected levels.
