Allianz
Munich-based insurance and asset management group whose holding company, Allianz SE, is listed in Frankfurt. It reported an operating profit of EUR 17.4 billion for 2025.
Industry: Insurance and asset management | Location: Munich, Germany | Founded: 1890
About Allianz
Allianz is a German insurance and asset management group. Allianz SE is the holding company of the Allianz Group, which offers property, life and health insurance and assistance services. The group is active in almost 70 countries, had around 97 million private and corporate customers at the end of 2025 and employed about 156,000 people. Allianz SE is based in Munich and its shares are listed in Frankfurt under the ticker ALV.
Allianz was founded in 1890 in Berlin as a regional provider of casualty and transport insurance. Wikipedia names Carl von Thieme and Wilhelm von Finck as founders. Oliver Bäte has been chairman of the Board of Management, the chief executive, since 7 May 2015, after joining the board in 2008 from McKinsey. Claire-Marie Coste-Lepoutre has been chief financial officer since 1 January 2024. Dr. Jörg Schneider chairs the Supervisory Board.
Asset management is a core business alongside insurance. Allianz's asset managers, PIMCO and Allianz Global Investors, manage about EUR 2.2 trillion for third-party clients, and the group manages about EUR 791 billion for its insurance customers, as of June 2026.
On 16 September 2026 Allianz Partners and Waymo announced a collaboration on insurance, claims and safety research for Waymo's expansion in Europe, starting in Germany. On 14 October 2026 Allianz signed definitive agreements under which National Bank of Greece will acquire a 30 percent stake in Allianz Greece and distribute its insurance products through an exclusive bancassurance agreement. On 1 October 2026 Allianz said Philipp Kroetz will become chief executive of Allianz Partners on 1 November 2026. Multiverse Computing named Allianz as a customer in July 2026.
For 2025, Allianz reported record total business volume of EUR 186.9 billion and an operating profit of EUR 17.4 billion, up 8.4 percent. Insurtech Digital reported core net income of EUR 11.1 billion, a Solvency II ratio of 218 percent and a proposed dividend of EUR 17.10 per share. Allianz targets a 2026 operating profit of EUR 17.4 billion, plus or minus EUR 1 billion.
Leadership
- Oliver Bäte, Chairman of the Board of Management (Chief Executive Officer)
- Claire-Marie Coste-Lepoutre, Chief Financial Officer (Finance, Risk, Actuarial, Legal, Compliance)
- Jörg Schneider, Chairman of the Supervisory Board
- Günther Thallinger, Member of the Board of Management (Investment Management, Sustainability)
- Andreas Wimmer, Member of the Board of Management (Asset Management, US Life Insurance)
- Christopher Townsend, Member of the Board of Management (Global Insurance Lines, Reinsurance, Anglo Markets, Iberia, Latin America, Africa)