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German Insurer Allianz 1Q Net Profit Fall...

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German insurer Allianz 1Q net profit falls 65 percent (AP)

Source Name : Yahoo! News
Source Url : http://us.rd.yahoo.com
Publish Date : Fri, 09 May 2008 11:34:46 GMT

Summary :
AP - German insurer Allianz SE said Friday first-quarter net profit fell 65 percent due to difficult market conditions as it wrote down $1.3 billion tied to the U.S. subprime crisis.

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