AGCS confident on future profits as rates exceed inflation: CFO Terzariol
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AGCS confident on future profits as rates exceed inflation: CFO Terzariol

Samuel Casey
05 August 2022
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Allianz Global Corporate and Specialty (AGCS) is securing rate increases ahead of inflation, and managers are confident it will retain its post-remediation profitability in the present macroeconomic environment, according to CFO Giulio Terzariol.

The executive acknowledged the “headwind” of rising costs, but said that rate increases of 10% in the first half came in ahead of claims inflation, which was tracking at around 6%.

“Sure,

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Samuel Casey
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