Allianz strengthens reserves in USA

Tillinghast Towers-Perrin and Milliman USA had been commissioned with a detailed review of the concerned Fireman’s Fund insurance portfolio. Based on this analysis the reserves for asbestos and environmental risks will be raised by 750 million US-Dollars. To finance the reserve increase Allianz is providing capital to Fireman's Fund. The transaction confirms Allianz' commitment towards Fireman's Fund.

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