Whatco

Allianz

Insurance and asset management · Germany

Allianz is a German insurer and asset manager that sells property-casualty and life/health insurance to around 97 million customers and manages money through PIMCO and Allianz Global Investors.

What makes it different

It also runs one of the world's largest asset managers.

€1.99TThird-party assets under managementFY2025

PIMCO and Allianz Global Investors manage money for outside clients as well as for Allianz's own insurance customers.

How big it is

How big is Allianz?

€186.9BBusiness volumeFY2025
97MCustomers2025
156,875Employees2025
How it makes money FY2025

Insurance is nearly all of it.

  • Life/Health49%€92.3B
  • Property-Casualty46%€86.7B
  • Asset Management5%€8.5B
How the business works

Insure, invest, manage other people's money.

  1. 1Property, life and health
  2. 2Premiums until claims come
  3. 3Third-party money at PIMCO

Premiums arrive before claims are paid, so the insurer earns an investment result on top of underwriting, and asset management adds fees without insurance risk.

Who owns it

CEO: Oliver Bäte

Who it competes with
AXAGGeneraliZZurich InsuranceAAIGCChubb
Key moments
  1. 1890Allianz is founded in Berlin
  2. 2000Allianz acquires PIMCO
  3. 2001Allianz acquires Dresdner Bank
  4. 2006RAS is merged in and Allianz becomes a European company
  5. 2009Allianz sells Dresdner Bank to Commerzbank
Sources

Every number on this page comes from Allianz's own reports.

Full profile

The rest of the story is in the app.

What Allianz tracks28 metrics
Customers
Retail customers
P&C combined ratio
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
German-speaking countries & Central Europe
Western & Southern Europe (incl. Allianz Direct, Partners)
Global lines, Anglo markets, Iberia, Latin America, Africa
The full timeline15 moments
1999
2024
2025
Allianz vs AXAside by side
Revenue
Profit
People
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