AGCS profits jump 59% to EUR156mn as group posts EUR3.5bn profit
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AGCS profits jump 59% to EUR156mn as group posts EUR3.5bn profit

Samuel Casey
05 August 2022
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Allianz Global Corporate & Specialty (AGCS) has reported a year-on-year profit rise of 59% to EUR156mn ($159mn) for its first fiscal quarter, as the business unit continues a spell of profitable underwriting.

The unit benefited from continued improvement in the underlying loss ratio, which compensated for higher nat cat losses that increased 1.5

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Samuel Casey
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