AGCS EUR600mn reserve charge is ‘conservative’: Bäte
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AGCS EUR600mn reserve charge is ‘conservative’: Bäte

Catrin Shi
21 February 2020
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Allianz CEO Oliver Bäte has said the EUR600mn ($648mn) reserve strengthening at Allianz Global Corporate & Specialty (AGCS) was deemed a “conservative” estimate by auditors, but did not comment on whether further charges could be expected.

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