Allianz Group (AZSEY.PK) reported that its fiscal 2016 net income attributable to shareholders grew 4.0 percent to 6.9 billion euros from previous year. Earnings per share was 15.00 euros compared to 14.55 euros. Operating profit rose 0.9 percent to 10.8 billion euros, near the upper end of its target range. The Group said the net income growth was driven by a 9.3 percent improvement in operating profit in the Life and Health segment, largely due to an increased investment margin. The non-operating loss was unchanged compared to one year ago, including the negative impact from the sale of the South Korean business.
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