ALLIANZ ANNOUNCES AN AMBITIOUS PROFIT TARGET

Highlights

• In fourth-quarter net profit, it posted a 9.5% jump
• It was better than expected profit 

For this year, Allianz announced a more ambitious profit target. In the fourth-quarter net profit, it posted a better than expected 9.5% jump. The announcement came post this jump. Allianz is German insurance group. Allianz owns asset manager PIMCO.  <....