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Allianz Group to beat 2013 forecast

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Insurance giant Allianz will beat its 2013 profit forecast of €9.7bn despite European storm losses.

The insurer's UK business saw operating profits tumble from €57m in Q3 2012 to €50m this year, while gross written premiums also fell 1.3% from €593m to €542m.

Allianz attributed the disparity to

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