German financial services provider Allianz SE reported Friday a profit in its fourth quarter, compared to prior year's loss, reflecting strong operating profit mainly in the Life/Health business segment. Meanwhile, revenues and assets under management declined from last year. Further, the company lifted dividend, and said it looks forward with confidence to a strong 2023.
Allianz shares were losing around 3 percent in the morning trading in Germany.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.