Allianz Holdings half-year results bolstered by LV=GI

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Allianz Insurance saw fall in operating profit during the first half of the year

Allianz Holdings, which owns Allianz Insurance and LV= GI, has today reported a strong set of overall results for the first half of the year.

GWP was up 98% to £1,981bn from £1bn in the same period last year, operating profit climbed to £179 from £86m and the combined operating ratio improved by three points.

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