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BLOOMBERG Countdown June 22, 2024

Im Caroline Hyde. As we were just saying, we are getting breaking numbers from allianz. Just to run you through some of the numbers, the outlook is confirmed on the upper end of the range. This is the number one european insurer, confirmed its fouryear forecast. Of 2e getting net income billion euros, ahead of analyst estimates. The operating profit came in at 2. 84 billion. We are looking at property and Casualty Insurance at 11. 8 billion euros. We will get much more on these breaking numbers with hans nichols. It looks as though the insurance side of things, hans, is missing a combined ratio, that we are seeing better than expected numbers from a revenue perspective. Hans yeah. This that income is a big beat. It is coming in north of 2 billion euros. On that front it is a big beat. When you look at whats happening in insurance, there havent been many natural asasters, s ....

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Chicago should be talking about its big pension problem

All four pension programs are vastly underfunded. There’s no meeting of minds around resolving the issue. But Chicagoans deserve to hear more about solutions as the municipal election approaches. ....

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