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Allianz posts YOY rise in Q2 net income

Allianz Group reported net income attributable to shareholders of €1.99 billion for the second quarter, up 83.4% from €1.09 billion in the same period in 2016.

EPS for the period stood at €4.45, compared with €2.34 a year earlier.

First-half attributable income rose year over year to €3.81 billion from €3.23 billion.

More details to follow.