The German insurer has reported Q4 profit as the Structured Alpha case lingers in the background.

Allianz identified the Structured Alpha scandal as one of the ‘significant headwinds’ the company faced in 2022 alongside capital markets turmoil, inflation/hyperinflation, the war in Ukraine, the energy crisis and an increase in natural catastrophes (NatCat). Despite these challenges the results of the group have been ‘resilient’ with all segments – property/casualty; life and house; asset management and corporate - contributing to the insurer’s operating pr

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