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Allianz posts 2 billion loss in third quarter (AP)

Started by riky, November 08, 2008, 01:02:39 AM

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riky

Allianz posts 2 billion loss in third quarter
    (AP)

 


AP - Insurer Allianz SE reported a 2 billion euro loss Friday after it said that the value of its investments declined and it wrote off the value of its Dresdner Bank unit before its planned sale to Commerzbank.


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