Company type | Public |
---|---|
Industry | Financial services |
Founded | 05 February 1890 |
Founders | Carl von Thieme Wilhelm von Finck |
Headquarters | Munich, Germany |
Area served | Worldwide |
Key people | |
Services | |
Revenue | €152.7 billion (2022) |
€14.16 billion (2022) | |
€7.18 billion (2022) | |
AUM | €2.14 trillion (2022) |
Total assets | €1.02 trillion (2022) |
Total equity | €51.0 billion (2022) |
Number of employees | 159,253 (2022) |
Subsidiaries | Allianz France Allianz Global Investors Allianz Life Bajaj Allianz Allianz Trade PIMCO |
Website | allianz |
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, Allianz Global Investors and Allianz Real Estate, 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 f.i. insurer of the Auschwitz concentration camp.