The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018.
REUTERS/Charles Platiau/File Photo Acquire Licensing RightsFRANKFURT, Nov 10 (Reuters) - Germany's Allianz (ALVG.DE) on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the financial services company maintained its full-year profit outlook.
Net profit attributable to shareholders of 2.021 billion euros ($2.16 billion) in the three-month period ended September, compared with 2.866 billion euros a year earlier.
Allianz, one of Europe's largest financial services groups, described the level of claims as "exceptionally high".
Still, the company stuck to its target of 2023 operating profit between 13.2 billion and 15.2 billion euros.
Persons:
Charles Platiau, Tom Sims, Christina Amann, Linda Pasquini, Miranda Murray, Sherry Jacob, Phillips
Organizations:
Allianz, La Defense, REUTERS, Rights, Germany's Allianz, Thomson
Locations:
Puteaux, La, Paris, France, Ukraine, Continental Europe, Germany, Italy, Austria