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  • Rank32
  • Previous Rank31
  • CEO
    Oliver Bäte
  • Address
    Königinstraße 28, Munich 80802
  • Websitehttp://www.allianz.com
  • Industry
    Insurance: Property and Casualty (Stock)

Europe’s largest insurer has been hit by a double whammy. In addition to the slowdown in Europe, the company has also had to deal with the troubles at its U.S. asset management unit PIMCO. Personality clashes caused PIMCO’s long-time leader and bond guru Bill Gross to flee to rival Janus last year. Assets have left with him, and profits have fallen in the unit, down 14% in the first three months of 2015. Overall, though, revenue and earnings at Allianz have been up, if only slightly, in 2014. Still, the company faces headwinds as low interest rates in Europe are likely to crimp investment gains on the insurer’s bond-heavy investment portfolio.

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Company Information

CEO
Oliver Bäte
Industry
Insurance: Property and Casualty (Stock)
Sector
Financials
HQ Location
Munich, Germany
Websitehttp://www.allianz.com
Years on List21
Figures prepared in accordance with International Accounting Standards.

Key Financials (last fiscal year)

($ Millions)% change
Revenues136,846.21.6%
Profits8,252.33.7%
Assets974,938.9-
Employees147,425-

Profits as a % of

Profit as % of Revenues6%
Profits as % of Assets0.8%
Profits as % of Stockholder Equity11.2%