Allianz
German multinational financial services company / From Wikipedia, the free encyclopedia
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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.
Company type | Public (SE) |
---|---|
Industry | Financial services |
Founded | 05 February 1890; 134 years ago (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 Euler Hermes PIMCO |
Website | allianz |
Footnotes / references [1] |
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]