Allianz Beats 3Q Earnings Estimates

The video discusses Allianz's financial performance, highlighting a €50 billion outflow in the third quarter and the impact of Bill Gross's departure from PIMCO. Despite a 5% decline in asset management profits, Allianz's overall earnings exceeded expectations due to strong performance in property and life insurance. The company plans to increase its dividend payout. The video also touches on the challenges and lifestyle of asset managers in California.

What was the net income reported by Allianz in the third quarter?

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How much did PIMCO's asset management unit decline in profit?

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What percentage of net income will Allianz increase their dividend to?

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What was the total return number reported for PIMCO?

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What did PIMCO say about their confidence in the new team after Bill Gross's resignation?

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