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 in the Property-Casualty commercial lines.
Source: Allianz Global Corporate & Specialty (AGCS)
Allianz published its Q1 financial results today May 12, 2021. In a nutshell:
Total revenues of 41. 4 billion euros, adjusted for currency and consolidation effects, flat compared to prior year level
1Q ... Read More »
Grace joins AGCS from Everest Re Group succeeding Thierry Portevin who leads AGCS’s global risk consulting team since March. Property line of business contributed 10 percent to AGCS’s global ... Read More »
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New AGCS report identifies key risks and loss trends for the financial services sector. Covid-19 may drive market corrections and insolvencies – which could impact financial institutions’ balance sheets, ... Read More »