Allianz SE (1ALV)

Profile

https://www.allianz.com

Allianz SE is a German multinational financial services company headquartered in Munich, specializing in insurance and asset management. Founded in 1890, it stands as the world's largest insurance company and Europe's leading financial services provider, serving over 126 million customers across more than 70 countries with approximately 156,000 employees. Its core offerings encompass property and casualty insurance, life and health insurance, credit and travel insurance, and extensive asset management through subsidiaries like PIMCO and Allianz Global Investors, managing around €2.2 trillion in assets. Allianz SE generates significant revenue from property/casualty (70%), life/health (22%), and asset management (8%), with a 2024 business volume exceeding €180 billion. The company plays a pivotal role in global markets by providing risk management solutions to individuals, businesses, and institutions, while integrating sustainability into its operations and maintaining a strong presence in regions like Europe, Asia-Pacific, and North America.