Allianz reports Q2 profits of EUR3.3bn as AGCS swings back to profit
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Allianz reports Q2 profits of EUR3.3bn as AGCS swings back to profit

Samuel Casey
06 August 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
allianz-flags-2.jpg

Allianz’s group operating profit in the second quarter swelled by 29% to EUR3.3bn ($3.9bn), while Allianz Global Corporate & Specialty (AGCS) swung back to profits with an operating result of EUR98mn.

The return to profitable growth in AGCS through Q2 was driven by factors including “continued strong rate changes across all lines” and lower negative impact from Covid-19, Allianz said, while its top-line growth was powered by underwriting actions.

There

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsResultsAllianz
sam casey 2024 ii red 2.png
Samuel Casey
Senior Reporter
Contact
Gift this article