Allianz company overview
Allianz SE is a Munich-based insurance and asset management group founded in Berlin in 1890 by Carl von Thieme and Wilhelm von Finck. Oliver Bäte has served as Chairman of the Board of Management since May 2015.
FY2025 financial results
Allianz reported ~$211 billion (EUR 186.9 billion) in total business volume for FY2025. Net income attributable to shareholders was ~$12.2 billion (EUR 10.775 billion). In this profile, the top-line series uses the measure Allianz reported for each year: total revenues through 2022 and total business volume from 2023. The net-income series consistently uses net income attributable to shareholders.
How Allianz makes money
Property-Casualty and Life/Health generate insurance premiums and investment income. Asset Management earns management and performance fees through PIMCO and Allianz Global Investors. Corporate and Other contains group and treasury activities outside the three operating segments.
PIMCO and Allianz Global Investors
Allianz completed its USD 3.3 billion acquisition of PIMCO Advisors in 2000. Allianz Global Investors traces its dedicated asset-management business to 1998; its history includes the Dresdner asset-management businesses and Nicholas-Applegate, and PIMCO and AllianzGI became separate Allianz-owned asset managers in 2011.
Structured Alpha
In 2022, the SEC and Department of Justice announced resolutions concerning misconduct at Allianz Global Investors U.S. involving Structured Alpha funds. The SEC said the integrated resolution included more than USD 5 billion in restitution to victims, and AGI US was disqualified from advising U.S. registered investment funds for ten years.
Sources
Primary sources include Allianz FY2025 results and key figures, Allianz company and AllianzGI history pages, Allianz leadership announcements, and the SEC Structured Alpha enforcement release.
