German insurance giant Allianz SE Friday reported lower net profit in its first quarter, in the absence of year-ago one-off gains, but operating profit and revenues increased with higher premiums. CFO Dieter Wemmer said, "Allianz saw a good start into 2017 with results putting the group on track to meet its operating profit target for the full year of 10.8 billion euros, plus or minus 500 million
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