Allianz Global Corporate & Specialty Q4 2014 Results

AGCS SE | February 26, 2015 | Munich

Allianz Group and AGCS released its financial results for the fourth quarter of 2014.

  • For the first time, Group total revenues surpassed the €120-billion-mark rising 10.4% to €122.3 billion (2013: €110.8 billion). Operating profit reached €10.4 billion, an increase of 3.3% from €10.1 billion in 2013.
  • AGCS Gross Premiums Written for 2014 amounted €5.4 billion, an increase of 8% compared to 2013 (€5 billion). Operating profit for 2014 totaled €506 million compared to €483 million in 2013.
Allianz Global Corporate & Specialty (AGCS) is the Allianz Group's dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs).

Worldwide, AGCS operates with its own teams in 34 countries and through the Allianz Group network and partners in over 210 countries and territories, employing almost 4,700 people of 70 nationalities. AGCS provides insurance solutions to more than three quarters of the Fortune Global 500 companies, writing a total of €7.4 billion gross premium worldwide in 2017.

AGCS SE is rated AA by Standard & Poor’s and A+ by A.M. Best.
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Allianz operates as an international insurer on almost every continent. Find Allianz in your own country/region.
With the Allianz network AGCS provides services in over 200 countries and territories.