Long-term service-based strategy needed as market offers little respite

Chris Fischer Hirs, AGCS CEO

Allianz Global Corporate & Specialty (AGCS), the commercial and corporate insurance arm of Allianz Group, posted a decent set of first-half figures during the summer. But Chris Fischer Hirs, CEO of AGCS, said the insurer will not become complacent as premiums continue to rise in some market segments and the combined ratio heads in the right direction. The Munich-based global…

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