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Allianz Holdings records 10.6% drop in GWP for Q1 2021

By 2021-05-12T10:41:00

financial results, quarterly

Alongside a dip in commercial lines GWP, Allianz Insurance has issued payments for more than 80% of accepted Covid-related BI claims

Allianz Holdings, which comprises of Allianz Insurance and LV= General Insurance, has recorded a 10.6% drop in gross written premium (GWP) for the first quarter of 2021 – this has fallen from £1026m in 2020 to £917m this year.

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