Profile: Allianz SE (AZSEY.PK)
18 Aug 2017
Allianz SE, incorporated on October 13, 2006, is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company's segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers.
Property-Casualty segment offers a range of products and services for both private and corporate clients. Its offerings include motor liability and own damage, accident, general liability, fire and property, legal expense, credit and travel insurance. It also provides travel insurance and assistance services.
Life/Health segment offers a range of life and health insurance products on both an individual and a group basis. Its offerings include annuities, endowment and term insurance, unit-linked and investment-oriented products, as well as private health, supplemental health and long-term care insurance. It offers life and health products to both retail and corporate clients.
Asset Management segment provides institutional and retail asset management products and services to third-party investors, and provides investment management services to the Allianz Group's insurance operations. The products for retail and institutional customers include equity and fixed income funds, as well as alternative products. The United States and Germany, as well as France, Italy and the Asia-Pacific region represent the primary asset management markets. Its two investment management businesses include Pacific Investment Management Company LLC (PIMCO) and Allianz Global Investors, operate under Allianz Asset Management (AAM).
Corporate and Other
Corporate and Other segment includes Holding & Treasury, Banking and Alternative Investments. Holding & Treasury includes the management of and support for the Allianz Group's businesses through its strategy, risk, corporate finance, treasury, financial reporting, controlling, communication, legal, human resources, technology and other functions. Its banking activities include in Germany, Italy, France, the Netherlands and Bulgaria. It also provides alternative investment management services in the private equity, real estate, renewable energy, and infrastructure sectors, mainly on behalf of the Allianz Group.
Company Web Links
- BRIEF-Allianz is committed to Turkish market, CFO says
- BRIEF-Allianz CEO says PIMCO will continue to see positive net inflows
- Allianz forms JV with LV= to create third largest British P&C insurer
- Allianz forms JV with LV= to create 3rd largest British P&C insurer
- BRIEF-Allianz Solvency II ratio rises to 219 percent at end of Q2