Allianz SE is a German multinational financial services company headquartered in Munich, Germany, and is one of the world’s largest insurers and asset managers.
📌 Key Information:
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Founded: 1890
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Founders: Carl Thieme and Wilhelm Finck
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CEO: Oliver Bäte (since 2015)
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Employees: ~150,000 (2024)
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Headquarters: Munich, Germany
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Industry: Insurance, Asset Management
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Revenue (2024): €179.8 billion
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Net Profit (2024): €10.5 billion
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Presence: Operates in over 70 countries
💼 Core Business Segments:
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Life and Health Insurance – personal and corporate plans
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Property and Casualty Insurance – auto, home, business, industrial
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Asset Management – through subsidiaries like PIMCO and Allianz Global Investors
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Pension & Retirement Services – global pension plans, annuities, long-term savings
🌍 Global Reach & Subsidiaries:
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PIMCO – a major investment management firm based in the U.S.
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Allianz Global Investors – global investment solutions
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Allianz Life – life insurance and annuities
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Allianz Partners – travel insurance, roadside assistance, and more
🌱 ESG & Innovation:
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Allianz is recognized for its leadership in sustainable finance and ESG integration.
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Actively investing in climate-related risk management, green bonds, and socially responsible initiatives.
🧠 Fun Fact:
In 2023, Allianz became the first foreign-owned asset management company licensed to operate independently in China, marking a new phase of its global expansion.