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Michael Furtschegger to lead Entertainment line of business at AGCS globally

Furtschegger was previously responsible for the international expansion of Entertainment, which is an AGCS line of business since 2015 Entertainment was hit significantly by Covid-19-driven claims in 2020, but is expected to develop into a successful and sustainable book of business for AGCS Johannesburg/London/Munich/New ...
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AGCS 12 months results update

In an extremely challenging environment in 2020, Allianz demonstrated resilience to an unprecedented health crisis and prolonged interest rates. The financial performance in the fiscal year 2020 has been remarkably robust across all business segments, though the Covid-19 pandemic left its mark, especially ...
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Allianz delivers a strong finish to 2020

In the face of an extremely challenging environment in 2020, Allianz demonstrated resilience to an unprecedented health crisis and prolonged low interest rates. The financial performance in the fiscal year 2020 has been remarkably robust across all business segments, though the COVID-19 pandemic ...
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How you can benefit from the Skills Development Levy

Do you, as an employer, understand why you are paying a Skills Development Levy (SDL)? Do you know that this gives you access to funds for training? Many business owners just see it as a compulsory payment of 1% from their monthly payroll, and that’s it. “Many employers don’t ...
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The Fulcrum Group: refined look, same values, still the market leader

Successful companies are those that move and change with the times, but still provide the excellence and continuity of service for which they are known and respected. Companies like Fulcrum. We’ve existed under the Fulcrum brand since 2012 (although our origins go back nearly three decades), ...
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From The Glossary »

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Cancellation, Short Rate:

A cancellation on which the earned premium is calculated at a ratio higher than the proportion that the elapsed period bears to the full policy term. For example, an annual policy in force for six months may have a short rate earned premium of 60% of the annual premium.
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