Allianz

ALLianz SE (/ˈæliənts-/AL-i-ənts; German location: [aliˈants] ( tune in)) is an European money related associations affiliation headquartered in Munich, Germany. Its center affiliations are security and resource association. Starting 2014, it is the world's most prominent security office, the best budgetary associations group and the best relationship as per a composite measure by Forbes magazine,[3] and moreover the best monetary associations affiliation when measured by 2013 pay. The affiliation is a part of the Euro Stoxx 50 securities exchange record.

Its Allianz Global Investors division positions as a standard five general component hypothesis official, having €1,933 billion of focal points under association (AuM), of which €1,408 billion are outsider resources (starting 2015-03-31), with specific resource supervisor including PIMCO (bonds), RCM (qualities) and Degi (land).

Allianz sold Dresdner Bank to Commerzbank in November 2008.[5] As an inevitable result of this merger, Allianz snatched a 14% controlling stake in the new Commerzbank.

In April 2001, Allianz consented to secure the 80 for each penny of Dresdner Bank that it didn't effectively own for US$20 billion. As a vital part of the exchange, Allianz consented to offer its 13.5 for each penny stake in HypoVereinsbank to Munich Re, and to secure Munich Re's 40 for every penny stake in Allianz Leben. Taking after completion of the getting, Allianz and Dresdner Bank joined their leeway association hones by framing Allianz Global Investors. In June 2006, Allianz declared the lessening of 7,280 representatives, around 4 percent of its general work power at the time, as a component of a reproducing program went for raising effectiveness. The diminishments included 5,000 staff at Allianz protection operations and 2,480 at Dresdner Bank. Around the same time, Allianz reported that its Dresdner Kleinwort Wasserstein meander keeping money operation would be renamed as fundamentally Dresdner Kleinwort.

In September 2005, Allianz affirmed that it would change over its holding relationship into a Societas Europaea (SE; Latin: European Company), persuading the chance to be one of the fundamental bona fide relationship to do in light of current circumstances. The change was made in conjunction with Allianz's procurement of 100 for every penny control of its key Italian support  (RAS) for around US$7 billion. The change to a SE was done on 13 October 2006. The Allianz Group in like way streamlined its photo framework from 2006 and their past picture was supplanted by the present blend mark. By 2008 the affiliation was Europe's most prominent move down course of action.



After renegotiations, it was represented in November 2008 that Commerzbank would get the 100% commitment with respect to Bank prior (12 January 2009). The course of action cost was passed on down to 5.5 billion Euro. Not long after the exchange finished, Commerzbank was insufficiently nationalized by the German government to additional it from chapter 11. Allianz right now holds a stake of around 14% in Commerzbank.

In August 2015, a consortium drove by Allianz secured German motorway association station pack Tank&Rast for an undisclosed aggregate recognized to be in the area of €3.5 billion.