Allianz SE, headquartered in Munich, Germany, is one of the world’s largest and most respected financial services providers, specializing in insurance and asset management. Established in 1890, Allianz has grown into a global powerhouse, offering a wide range of insurance products, including property, life, health, and casualty insurance, as well as asset management services. With operations in over 70 countries and a customer base exceeding 100 million, Allianz stands at the forefront of the insurance industry, known for its commitment to financial stability, innovation, and customer-centric services.
Allianz is particularly recognized for its comprehensive risk management solutions, providing individuals and businesses with tailored coverage plans. With sustainability at its core, Allianz has also made significant strides in responsible investment and eco-friendly initiatives, helping shape the future of finance in a rapidly changing global landscape.
CEO and Founder of Allianz
Allianz was founded in 1890 by Carl von Thieme and Wilhelm von Finck in Berlin, Germany. Initially created to provide marine and accident insurance, the company quickly expanded its portfolio to cover a wide range of insurance services. Over the decades, Allianz has evolved into one of the largest financial institutions in the world. The current CEO of Allianz is Oliver Bäte, who took over in 2015. Under his leadership, Allianz has not only expanded its global footprint but has also focused on digitalization and sustainability, ensuring that the company stays relevant in the fast-evolving insurance and financial landscape.
List of Top Companies Under Allianz
Over the years, Allianz has acquired and developed several subsidiaries, making it a global leader in the insurance and asset management sectors. Below is a list of some of the top companies under Allianz, along with their approximate valuations.
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| PIMCO | 2000 (Acquired) | $2 Trillion in Assets Under Management | Asset Management |
| Allianz Global Investors | 1998 (Merged) | $600 Billion in Assets Under Management | Asset Management |
| Euler Hermes | 2018 (Acquired) | $3 Billion | Trade Credit Insurance |
| Allianz Partners | 2014 (Founded) | $8 Billion | Assistance and International Health |
| Allianz Life | 1896 (Founded) | $150 Billion in Assets | Life Insurance |
| Allianz Care | 2015 (Founded) | $12 Billion | Health Insurance |
| Allianz Real Estate | 2008 (Founded) | $85 Billion in Assets | Real Estate Investment |
| Allianz Technology | 2010 (Founded) | N/A | IT and Digital Solutions |
FAQs About Allianz
Q1: When was Allianz founded, and by whom?
A: Allianz was founded in 1890 by Carl von Thieme and Wilhelm von Finck in Berlin, Germany.
Q2: Who is the current CEO of Allianz?
A: Oliver Bäte has been the CEO of Allianz since 2015, leading the company through a phase of digital transformation and sustainability-focused growth.
Q3: What is PIMCO, and how is it related to Allianz?
A: PIMCO (Pacific Investment Management Company) is one of the world’s largest asset managers, specializing in fixed income, and is owned by Allianz. PIMCO manages approximately $2 trillion in assets.
Q4: What types of insurance does Allianz offer?
A: Allianz offers a wide range of insurance products, including property, life, health, travel, vehicle, and casualty insurance, as well as corporate risk management services.
Q5: Does Allianz have a presence outside Germany?
A: Yes, Allianz operates in over 70 countries worldwide, serving more than 100 million customers with its wide range of insurance and financial services.
Q6: What is Allianz Global Investors?
A: Allianz Global Investors is the asset management division of Allianz, managing around $600 billion in assets and offering investment solutions to both institutional and individual investors.
