Allianz SE (ALV) is seeking to triple its revenue from industrial customers in emerging economies to 2 billion euros ($2.6 billion) within five years, Financial Times Deutschland reported in a preview of an article to be published tomorrow, citing an interview with Axel Theis, the head of the Allianz Global Corporate and Specialty unit.
Theis sees most growth coming from Latin America, Eastern Europe, Russia, Africa and Asia, according to the FTD. Revenue in the relevant regions will grow from 600 million euros, FTD said.
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