Allianz

Allianz
Company typePublic (Societas Europaea)
IndustryFinancial services
Founded5 February 1890 (1890-02-05) in Munich, Germany
Founders
  • Carl von Thieme
  • Wilhelm von Finck
HeadquartersMunich, Germany
Area served
Worldwide
Key people
  • Oliver Bäte (CEO)
  • Michael Diekmann (chair, supervisory board)
Services
Revenue 179.8 billion (2024)
€16.02 billion (2024)
€10.54 billion (2024)
AUM €2.448 trillion (2024)
Total assets €1.045 trillion (2024)
Total equity €60 billion (2024)
Number of employees
156,626 (2024)
Subsidiaries
  • Allianz France
  • Allianz Global Investors
  • Allianz Life
  • Bajaj Allianz
  • Allianz Trade
  • PIMCO
WebsiteAllianz.com
Footnotes / references
[1]

Allianz SE (/ˈæliənts/ AL-ee-ənts, German: [aˈli̯ants] ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management.

Allianz is the world's largest insurance company and the largest financial services company in Europe.[2] In 2023, the company was ranked 37th in the Forbes Global 2000.[3] Also it is a component of the Euro Stoxx 50 stock market index.[4]

Its asset management division, which consists of PIMCO and Allianz Global Investors, has €2,432 billion of assets under management (AUM), of which €1,775 billion are third-party assets (Q1 2021).[5]

Allianz sold Dresdner Bank to Commerzbank in November 2008.[6] Allianz was a major supporter of the Nazi movement[7] and was an insurer of the Auschwitz concentration camp.

  1. ^ "Allianz | Key indicators". Retrieved 9 March 2025.
  2. ^ "The Global 2000: 1–100". Forbes. May 2022. Retrieved 7 September 2022.
  3. ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.
  4. ^ "Frankfurt Stock Exchange". Archived from the original on 8 February 2019. Retrieved 22 October 2015.
  5. ^ "Allianz under investigation by German regulator". CityAM. 7 September 2021. Retrieved 13 September 2021.
  6. ^ "Glance-STOCKS NEWS EUROPE-Allianz jumps after Dresdner deal sealed". FinanzNachrichten.de.
  7. ^ "History of Allianz". Archived from the original on 25 September 2019. Retrieved 20 December 2019.