Allianz Global Corporate & Specialty is the center of excellence for Sub Saharan Africa.
Allianz Global Corporate & Specialty Africa offers clients significant capacity and underwriting expertise, both for standalone risks or as part of a global program. Our team of experts in Johannesburg, and across AGCS globally, have proven skills in underwriting and managing the most complex risks, based on years of industry-specific experience. Working with our colleagues across the group, we are able to offer an enhanced portfolio backed with global expertise.
We offer property, financial lines, engineering, marine, liability and energy insurance from the office in Johannesburg. Additionally, access to all complementary products and services of the Allianz Group – via our network in more than 160 countries - as well as specialist risk consulting support.
In June 2012, Global Credit Rating (GCR) awarded Allianz Global Corporate & Specialty South Africa Ltd. with a AA- (Stable) rating.
In the ratings assessment the agency commented:
"The rating reflects AGCS SA's status as a strategically significant subsidiary of its parent, which is internationally rated AA, given the shared branding, operational integration and comprehensive reinsurance arrangements."
"AGCS SA's strategic role as the Group's primary access point to the African Market"