Allianz UK “well equipped” to manage Covid-19 challenges

Money

Allianz UK reported a GWP of £1.02bn for the first quarter of 2020 a jump from £494m in the same period last year.

The changes account for the incorporation of LV and Legal and General (see box).

Jon Dye, CEO, Allianz Holdings, commented: “This is the first quarterly update of the enlarged Allianz Holdings Group, incorporating Allianz Insurance, LV General Insurance and the general insurance business acquired from Legal & General.”

Dye also referenced how Covid-19 has affected the business.

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