Allianz (ALV)

About Allianz SE (ALV.DE)

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Company Description:

Allianz SE, a global leader in insurance and financial services, operates through a diverse range of business segments including Property-Casualty, Life/Health Insurance, Asset Management, and Corporate and Other. The company provides a wide range of property-casualty and life/health insurance products to both private and corporate customers.

Founded in 1890 by Carl von Thieme and Wilhelm von Finck in Munich, Germany, Allianz has grown to become one of the world's largest insurers and asset managers. The company's headquarters remain in Munich, Germany.

Main Product(s):

Allianz's primary products include a comprehensive range of insurance solutions, such as life, health, property, and casualty insurance, along with asset management services.

Short History of Allianz SE:

1890 - Allianz was founded in Munich.

1893 - Expanded into the fire insurance business.

1900 - Began offering marine and accident policies.

1976 - Became the first German company to offer an ecological insurance product.

2000 - Acquisition of Dresdner Bank.

2018 - Launched Allianz X, the digital investment unit of the Allianz Group.

2020 - Further expansion into digital and direct customer channels.