| Business Summary | | Allianz
AG,
founded
in
1890
in
Germany,
is
an
insurance
group
that
provides
its
60
million
clients
in
over
70
countries
with
a
broad
range
of
services
via
an
international
network
of
subsidiaries
that
generally
command
a
strong
position
in
their
respective
home
markets.
The
Company's
core
businesses
are:
protection
(property
and
casualty),
private
provision
(life
and
health
insurance)
and
portfolio
management
(asset
management). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Allianz
AG
is
a
global
insurance
company
engaging
in
property
and
casualty
protection,
life
and
health
insurance,
and
asset
management.
For
the
six
months
ended
6/30/01,
revenues
decreased
3%
to
EUR37.81
billion.
Net
income
decreased
8%
to
EUR1.37
billion.
Revenues
reflect
a
decrease
in
investment
income
due
to
weaker
capital
markets.
Net
income
reflects
an
increase
in
goodwill
amortization
related
to
the
acquisition
of
Pimco,
Nicholas
Applegate
and
Zwolsche. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Klaus Liesen | Chairman
of the Supervisory Board | Henning Schulte-Noelle | Chairman | Paul Achleitner | CFO | Detlev Bremkamp | Europe,
Reinsurance, ART | Michael Deikmann | Asia-Pacific,
Central/Eastern, Europe, Near East, Africa, Human Resource Devel. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|