translate English to French: Q1 2010 results announced by Allianz were unsurprising in the non-life division and much better than expected in life insurance and asset management. This evolution is positive for the group’s diversification into activities with better short/medium-term potential.
After a year 2009 which still suffered a loss of €400 million generated by the disposal of Dresdner Bank, Allianz is now free to focus on the operational improvement of the results in its non-life division in particular.