In the era of National Socialism in post 1933 Nazi Germany, Allianz conformed to the norms of the era. After suffering some business problems during World War II, Allianz started to rebuild post 1945. Starting from the 1950's throughout 60's, 70's and 80's Allianz started to get international by spreading its activities to many countries in Europe and Americas. Allianz began to venture the Asian markets from the 1990's.
Allianz also expanded its asset management business. Today, Allianz is one of the world's leading financial service providers.
On November 3, 2000 the New York Stock Exchange was given a new look: covered by Allianz to celebrate the listing of Allianz shares on the world's premier stock exchange. Allianz took over Dresdner Bank on August 7, 2001 and thus ventured into banking services.
The mission of Allianz isto achieve sustainable and profitable growth.
They have an overall “3+1” program:
- Protecting and enhancing the capital base
- substantially strengthening the operating profitability
- reducing complexity
- +One: Increase sustainable competitiveness and value
Allianz group has comprehensive range of services in the following business fields:
- Property and Casualty Insurance
- Life and Health Insurance
- Asset Management and Banking
Key Statistics
- Allianz group holds assts of $1,177,070.4 millions.
- Allianz has made profits of $5,442.4 millions in 2006.
- Allianz Group operates in more than 70 countries.
- Allianz has over 177,000 employees.
Organization
The organization structure consists of:
- Board of Management
- Supervisory Board
- International Executive Committee
- International Advisory Board and Joint Advisory Council
- Employees
International Ranking:
- Allianz ranks 16 in the world in Fortune Global 500 rankings.
- The Forbes Magazine has ranked Allianz 29 in the world.
Subsidiaries
Allianz SE is the holding company which is at the top of the international group having about 100 subsidiaries worldwide.
- Allianz has about 62 subsidiaries all over Europe.
- There are 18 Allianz subsidies in Asia Pacific region and Africa
- Allianz also has 5 subsidies in South America and 10 subsidies in USA.
Recent merger
- Allianz-RAS holding merger occurred on October 13, 2006.
- Allianz AG has converted to Allianz SE in 2006.
Headquarter Address
Königinstrasse 28,Munich, 80802
Germany
Phone : 49-89-38-0000 Website URL : www.allianz.com
