Bulletin: AGCS' New Integrated Approach As Allianz Commercial Displays Growth Focus

FRANKFURT (S&P Global Ratings) March 16, 2023--S&P Global Ratings said today that the strategic business realignment of Allianz Global Corporate&Specialty (AGCS), including a new trading name--Allianz Commercial--underlines the group's continued focus on its strategic business. This will also help improve service to customers globally across the full range of insurance products in the commercial, corporate, and specialty segment. With the new trading name, AGCS retains its intrinsic role as the exclusive provider of global corporate and specialty insurance for its ultimate parent Allianz SE (AA/Stable/A-1+). Within the new designed structure, Allianz Commercial's scope is to further expand through closer collaboration with Allianz's operating entities serving midsize corporates in the group's key markets. We understand that AGCS will designate

...FRANKFURT (S&P Global Ratings) March 16, 2023--S&P Global Ratings said today that the strategic business realignment of Allianz Global Corporate & Specialty (AGCS), including a new trading name--Allianz Commercial--underlines the group's continued focus on its strategic business. This will also help improve service to customers globally across the full range of insurance products in the commercial, corporate, and specialty segment. With the new trading name, AGCS retains its intrinsic role as the exclusive provider of global corporate and specialty insurance for its ultimate parent Allianz SE (##/Stable/A-1+). Within the new designed structure, Allianz Commercial's scope is to further expand through closer collaboration with Allianz's operating entities serving midsize corporates in the group's key markets. We understand that AGCS will designate the new Allianz Commercial trading name to products and services later in 2023. Continued use of the Allianz brand underpins the integration and...

Bulletin