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Allianz AG

Allianz SE
Societas Europaea
Traded as ALV
OTCQX
Industry Financial services
Founded 1890; 127 years ago (1890)
Founders Carl von Thieme
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 95.76 billion (2015)
€9.932 billion (2015)
Profit €6.616 billion (2015)
Total assets €848.9 billion (2015)
Total equity €63.14 billion (2015)
Number of employees
142,697 (2015)
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.


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