23 February 2018

Search archive

AGCS joins market trim trend

4 August 2017

Allianz's primary unit Allianz Global Corporate and Specialty (AGCS) saw H1 2017 gross written premium shrink by 8.6 percent to EUR3.94bn ($4.68bn) compared to the prior year period, reflecting in part its withdrawal from US crop and a reorganization of its marine book.

Looking at the second quarter, operating profit at AGCS nonetheless increased to EUR116mn (Q2 2016: EUR5mn) as the unit returned to a second quarter underwriting profit, aided in no small part by a benign cat period which...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.