Allianz (AZSEY.PK) profit falls to €196M from €1.26B the previous year as the insurer takes the...

|About: Allianz SE ADR (AZSEY)|By:, SA News Editor

Allianz (AZSEY.PK) profit falls to €196M from €1.26B the previous year as the insurer takes the marks on its Greek paper and shows unexpectedly high writedowns on its equity holdings of financial shares worldwide. Still, "risk-on" is the word today, shares +3.6% in Frankfurt.