Allianz

Last updated: August 2026

Founded5 February 1890, by Carl von Thieme and Wilhelm von Finck
HeadquartersMunich, Germany
IndustryInsurance & asset management (financial services)
CEOOliver Bäte

Allianz SE is one of the world’s largest financial services companies, describing itself as the world’s largest insurer and a leading European asset manager, reporting revenue of €186.94 billion and net income of €11.43 billion in 2025.

Founding & Early History

Allianz was founded on 5 February 1890 in Munich, Germany, by Carl von Thieme and Wilhelm von Finck. The company has kept its headquarters in Munich ever since.

Growth & Expansion

Allianz grew into a global financial services group spanning property and casualty insurance, life and health insurance, and asset management. Its asset management arm includes subsidiaries PIMCO and Allianz Global Investors, which together help the group manage €2.512 trillion in assets.

Business Overview

As of 2025, Allianz reported revenue of €186.94 billion and net income of €11.43 billion. Property and casualty insurance accounts for around 70% of sales, life and health insurance around 22%, and asset management around 8%. Oliver Bäte serves as Chief Executive Officer, with Michael Diekmann chairing the supervisory board.

Sponsorships & Brand

Allianz holds naming rights to several major stadiums, including the Allianz Arena (home of Bayern Munich), the Allianz Stadium in Turin, and Allianz Field in Minnesota. The company is also a Formula One sponsor and an Olympic Games sponsor.

Allianz’s scale – nearly €187 billion in 2025 revenue and €2.5 trillion in assets under management – reflects its position as one of the world’s largest insurance and asset management groups.

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