Allianz

Allianz SE

Type	Societas Europaea
Traded as	: ALV OTCQX:
Industry	Financial services
Founded	1890; 127 years ago (1890)
Headquarters	Munich, Germany
Area served	Worldwide
Key people	Oliver Bäte (CEO) Helmut Perlet (Chairman of the supervisory board) Maximilian Zimmerer (CFO)
Products	Insurance, asset management
Revenue	€122.3 billion (2014)
Operating income	€10.402 billion (2014)
Profit	€6.603 billion (2014)
Total assets	$926.16 billion (2016)
Total equity	$63.702 billion (end 2014)
Number of employees	147,425 (end 2014)
Subsidiaries	Allianz France Allianz Worldwide Care Allianz Global Investors Risklab Allianz Global Assistance Allianz Insurance plc Allianz Global Corporate and Specialty Allianz Life Club Marine Hunter Premium Funding Allianz Marine & Transit Euler Hermes Mondial Assistance Group PIMCO
Website	www.allianz.com

Allianz SE (/ˈæliənts/ AL-i-ənts; German pronunciation: [aliˈants]) is a German financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. As of 2014, it is the world's largest insurance company, the largest financial services group and the largest company according to a composite measure by Forbes magazine, as well as the largest financial services company when measured by 2013 revenue. The company is a component of the Euro Stoxx 50 .

Its Allianz Global Investors division ranks as a top-five global active investment manager, having €1,933 billion of assets under management (AuM), of which €1,408 billion are third-party assets (as of 2015-03-31), with specialized asset managers including PIMCO (bonds), RCM (equities) and Degi (real estate).

Allianz sold Dresdner Bank to Commerzbank in November 2008. As a result of this merger, Allianz gained a 14% controlling stake in the new Commerzbank.

Allianz AG was founded in Berlin on 5 February 1890 by then director of the Munich Reinsurance Company Carl von Thieme (a native of Erfurt, whose father was the director of Thuringia) and Wilhelm von Finck (co-owner of the Merck Finck & Co bank). The joint company was listed in Berlin's trade register under the name Allianz Versicherungs-Aktiengesellschaft. The first Allianz products were marine and accident policies first sold only in Germany, however in 1893 Allianz opened its first international branch office in London. It distributed marine insurance coverage to German clientele looking for coverage abroad.