UPDATE 1-Allianz profit hit by damage claims, Pimco outflows slow

[ahlam1399]

UPDATE 1-Allianz profit hit by damage claims, Pimco outflows slow

UPDATE 1-Allianz profit hit by damage claims, Pimco outflows slow
FRANKFURT, Aug 5 (Reuters) - German insurer Allianz's net profit fell by half in the second quarter, hit byhigher damage claims, the sale its South Korean business andweaker investment performance.

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