Allianz SE is a global financial services company headquartered in Munich, Germany. Its core business and focus is insurance. As of 2010, it was the world's 12th-largest financial services group and 23rd-largest company according to a composite measure by Forbes magazine. Its Allianz Global Investors division ranks as a top-five global active investment manager, having €1,443 billion of assets under management , of which €1,131 billion are third-party assets , with specialized asset managers such as PIMCO , RCM , Degi , etc. Allianz sold Dresdner Bank to Commerzbank in November... 2008. As a result of this merger, Allianz gained a 14% controlling stake in the new Commerzbank Group. Allianz AG was founded in Berlin on 5 February 1890 by Carl von Thieme and Wilhelm von Finck . Allianz shifted its headquarters to Munich in 1949. The first step to become an international company started with the opening of a branch office in London in the late 19th century.
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| Founded: | 1890 |
| Headquarters: | Munich, Germany |
| Annual revenue: | €106,451,000,000 |
| Operating income: | $10,904,000,000 |
| Employees: | 181,207 |
| Industries: | Fire, Marine, and Casualty Insurance, Insurance Carriers, Financial Services |