Allianz
Germany's Allianz drops one place, despite modest increases in revenues and profits (its asset management business did particularly well). 2019 highlights for Europe's biggest insurer include the creation of China's first fully foreign-owned insurance holding company; a joint venture with BBVA in Spain; buying out the U.K.'s LV General Insurance Group; and the first significant acquisition by the company's digital investment unit, Allianz X, of the B2B online marketplace Finanzen.de. Meanwhile, Allianz continued the industry's green trend by moving to deny property and casualty insurance to companies inflexibly committed to a coal-centered business model.
Jeremy Moeller—Getty Images
Company Information
As of 8/3/2022
Country
Germany
Headquarters
Munich
Industry
Insurance: Life, Health (Stock)
CEO
Oliver Bäte
Website
Company Type
Public
Ticker
ALIZY
Revenues ($M)
$144,517
Profits ($M)
$7,815
Market Value ($M)
$73,705
Employees
155,411
Figures prepared in accordance with International Accounting Standards. Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$144,516.6
6.1%
Profits ($M)
$7,815.2
0.8%
Assets ($M)
$1,295,530.8
-
Total Stockholder Equity ($M)
$90,905.4
-
Profit Ratios
Profit as % of Revenues
5.4%
Profits as % of Assets
0.6%
Profits as % of Stockholder Equity
8.6%
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