Allianz
Allianz (/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.
Headquarters in Munich | |
Company type | Public (SE) |
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Traded as | |
Industry | Financial services |
Founded | 05 February 1890 |
Founders | Carl von Thieme Wilhelm von Finck |
Headquarters | Munich, Germany |
Area served | Worldwide |
Key people |
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Services |
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Revenue | €152.7 billion (2022) |
€14.16 billion (2022) | |
Net income | €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 Euler Hermes PIMCO |
Website | allianz |
Footnotes / references |
Allianz is the world's largest insurance company and the largest financial services company in Europe. In 2023, the company was ranked 37th in the Forbes Global 2000. Also it is a component of the Euro Stoxx 50 stock market index.
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).
Allianz sold Dresdner Bank to Commerzbank in November 2008.
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