Dresdner Bank
2001
$20.6B
Why
Allianz acquired Dresdner Bank to combine banking, insurance, and asset management; the deal added Dresdner Asset Management Group and Dresdner RCM Global Investors.
Allianz SE
insurance and asset managementFounded 1890- HQ today: Munich, Germany
Reviewed by Swet Parvadiya
Company data updated: September 2026
Acquisitions
Allianz Acquisitions
3
Major Deals Covered
$24.9B
Disclosed Deal Value
What are Allianz's biggest acquisitions?
Allianz's largest disclosed acquisition here is Dresdner Bank for $20.6B in 2001. This page covers 3 major deals from 2000 to 2001, each with its price where disclosed and the reason behind it.
- Major deals covered
- 3
- Largest deal
- Dresdner Bank ($20.6B)
- First deal
- 2000
- Most recent
- 2001
| Company | Year | Price | Purpose |
|---|---|---|---|
| PIMCO Advisors | 2000 | $3.3B | Allianz acquired PIMCO Advisors to expand its asset management business in the United States. |
| Dresdner Bank | 2001 | $20.6B | Allianz acquired Dresdner Bank to combine banking, insurance, and asset management; the deal added Dresdner Asset Management Group and Dresdner RCM Global Investors. |
| Nicholas-Applegate Capital Management | 2001 | $980.0M | Allianz agreed to pay a USD 980 million base price for Nicholas-Applegate to expand its U.S. equity asset-management business; contingent and retention payments could increase the cost. |
- What companies has Allianz bought?
- Major acquisitions by Allianz documented here include Dresdner Bank (2001), PIMCO Advisors (2000) and Nicholas-Applegate Capital Management (2001).
- What is Allianz's most recent acquisition?
- The most recent Allianz acquisition documented here is Dresdner Bank, in 2001, for $20.6B.
Nicholas-Applegate Capital Management
2001
$980M
Why
Allianz agreed to pay a USD 980 million base price for Nicholas-Applegate to expand its U.S. equity asset-management business; contingent and retention payments could increase the cost.
PIMCO Advisors
2000
$3.3B
Why
Allianz acquired PIMCO Advisors to expand its asset management business in the United States.
Allianz SE's Growth & Acquisition Strategy
Allianz's current strategy emphasizes profitable insurance growth, simpler and more productive operations, stronger customer experience, and growth in asset management. The company also uses digital distribution and standardized group platforms across operating entities.
How Allianz SE Makes Money
Allianz collects premiums for Property-Casualty and Life/Health coverage, invests insurance assets, and earns management and performance fees in Asset Management. PIMCO and Allianz Global Investors manage third-party assets. Allianz reports Corporate and Other separately from these three operating businesses.
Allianz Acquisitions FAQ
When did Allianz acquire PIMCO?
Allianz completed its USD 3.3 billion acquisition of PIMCO Advisors in May 2000.
How did Dresdner Bank affect Allianz Global Investors?
The 2001 acquisition brought Dresdner Asset Management Group and Dresdner RCM Global Investors into Allianz's asset-management business.
When did Allianz acquire Nicholas-Applegate?
Allianz Global Investors' official history records the Nicholas-Applegate Capital Management acquisition in 2001.
Who owns PIMCO?
Allianz acquired the massive Pacific Investment Management Company (PIMCO) in 2000, drastically transforming Allianz into a global asset management titan.
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