who owns allianz

Fri Oct 23 2020

[53] In 1999, through their acquisition of AGF, Allianz SE acquired AGF Irish Life Holdings plc in Ireland, which at the time owned Insurance Corporation of Ireland and Church and General Insurance. Allianz SE (/ˈæliənts/ AL-ee-ənts; German pronunciation: [aliˈants] (listen)) is a German multinational financial services company headquartered in Munich, Germany. It was established in 1991. Allianz plc in Ireland employs over 1,700 people. Most recently, Allianz took ownership of the Territory Insurance Office (TIO) at the end of 2014. With superior ratings from both AM Best and the Better Business Bureau mixed with strong financial stability, Allianz has a reputation of being a dependable insurance carrier. Allianz currently retains a stake of around 14% in Commerzbank. Annual Reports of Allianz Group and Allianz SE, Information on the legal form of Allianz SE, Simplified structure of Allianz Group as of December 31, 2020, The Company's participations are broken down according to, § 313 (2) of the German Commercial Code (HGB), List of participations (Annual Report 2020, pp. Products are issued by Allianz Life Insurance Company of North America. Today, Allianz in Ireland insures over half a million customers across the country[52] through its portfolio of personal and commercial insurance products. Allianz Life, a subsidiary of German company Allianz, is headquartered in nearby Golden Valley. After almost 10 years in 2012 and with an evolutionary change of brand Colseguros dies as an official name and the entire operation of Colombia is consolidated under the name of Allianz. Each of the three companies owns an 8.33 percent stake in Bayern Munich. The chart contains the major operating entities without indicating the shareholding. Allianz Mexico started operations in 1987. In 2017, Allianz plc became a wholly owned entity of Allianz SE. Then was established the first Company's Office in Abelokipoi Athens. The Allianz Group Annual Report is available as PDF and in the Allianz Investor Relations App. BOSTON, Jan. 8, 2018 /PRNewswire/ -- Allianz has agreed to a $59.2 million investment and strategic partnership with leading telehealth platform American Well to develop digital solutions that will widen access, lower cost and improve quality of healthcare for millions of patients worldwide. In Italy, the company is the title sponsor of the main basketball club of Trieste, officially known Allianz Pallacanestro Trieste. Here you can find websites and addresses of Allianz companies worldwide. The deal had its personal lines go to Liverpool Victoria, creating a joint venture between the two firms, with the latter's commercial lines going to Allianz. [31], Allianz has operations in over 70 countries and has around 150,000 employees. Allianz Global Corporate & Specialty (AGCS) today announced the close of the sale of the Fireman’s Fund Insurance Company (FFIC) personal lines insurance business in the United States, focused on high net worth customers, to ACE Ltd. TravelSmart is a No-Brainer Travel Companion. Allianz has operations in over 70 countries and has around 147,000 employees. Insurance giants Allianz and Suncorp will refund a combined $65.2 million to more than 100,000 customers who were sold valueless add-on insurance through car dealerships. Allianz Global Assistance is owned by Allianz SE, the world’s largest diversified insurance company. [54] Following their purchase, and despite a minority shareholding by Irish Life, both companies changed their names to Allianz plc, trading simply as Allianz. 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