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Home > Company Index > Insurance > Multiline Insurance > Allianz AG
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Allianz AG |
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NEWS FROM THE STANDARD |
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The Young and the VCs
Jul 30 2001 12:30 PM PDT
PROFILE |
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First Germany, now the world. Allianz, the world's #5 insurer, offers such products and services as property/casualty insurance, life and health insurance, and risk consulting. To make its mark in the high-profile world of asset management, the company established Allianz Asset Management to manage private and institutional funds. Allianz has significant equity stakes in several major German firms, including the country's three top banks: Deutsche Bank, Bayerische Hypotheken und Vereinsbank, and Dresdner Bank. Allianz and Munich Re, the world's largest reinsurer, have significant stakes in one another. The company is buying the remaining shares of Dresdner Bank, creating the world's fourth-largest financial group.
COMPETITION |
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American International Group, Inc. (AIG)
AXA (AXA)
Zurich Financial Services (ZURN)
DEALS |
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Deal: Viaken Picks Up $13 Million
Date Announced: 06.26.01
Value of transaction (US $Mil): 13
Description: Biotech hosting services company closes second round of funding.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 72,377.50
1-Yr. Sales Growth: 3.4%
Employees: 113,584
Revenue per employee: $637,215.63
KEY PEOPLE |
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Henning Schulte-Noelle
CEO
Paul Achleitner
CFO
CONTACT INFO |
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Königinstrasse 28
D-80802 Munich, Germany
Phone: 49-89-3-80-00
Fax: 49-89-34-99-41
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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