AGCS remediation ‘accomplished’ and unit set for growth: Terzariol
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AGCS remediation ‘accomplished’ and unit set for growth: Terzariol

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The remediation work at Allianz Global Corporate & Specialty (AGCS) has been “accomplished”, and the business unit is now targeting profitable growth, according to Allianz CFO Giulio Terzariol.

The CFO hailed a “new phase” for the business unit, which has undergone extensive remediation, including drawbacks from classes of business, in a bid to return to underwriting profitability.

“The

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