a, Slovakia and Ukraine. The regional unit comprises Allianz’s entities in Bahrain, Egypt, India, Lebanon, Pakistan, Saudi Arabia and Sri Lanka, and is directed from a central office in Bahrain. The company also sells property-casualty products in this region mainly through Allianz Egypt and Allianz SNA (Lebanon). Both entities also offer life/health products. In Bahrain, the company started to sell life and property-casualty products through its new entity Allianz Takaful. Bahrain serves as a hub for future operations in other countries of the Middle East. Furthermore, the company sells products via banks. In property-casualty the company also distributes via brokers and dealers, who are a vital part of its distribution force. Significant Events On August 31, 2008, Allianz SE (Allianz) and Commerzbank AG (Commerzbank) agreed on the sale of Dresdner Bank AG (Dresdner Bank) to Commerzbank. Bajaj Finserv Ltd. would enter into mutual fund business in partnership with Allianz SE. Bajaj have signed a joint venture agreement with Allianz to set up an asset management company. Allianz would hold 51% stake in the JV, while Bajaj Finserv would have 49% stake. In March 2011, Banco Popular Espanol SA and Allianz SE were created a joint insurance company. Allianz would hold a 60% stake in the new company, with Banco Popular taking the rest. History The company was founded in 1890. It was formerly known as Allianz AG and changed its name to Allianz SE in 2006.
allianz se-reg (ALV:XETRA)
Phone: 49 89 3800 0
|American International Group Inc||$61.82 USD||+0.23|
|Assicurazioni Generali SpA||€16.16 EUR||-0.11|
|MetLife Inc||$55.99 USD||+0.52|
|Prudential PLC||1,533 GBp||-11.00|
|Zurich Insurance Group AG||SFr.284.60 CHF||-1.90|
|View Industry Companies|
Sponsored Financial Commentaries
To contact ALLIANZ SE-REG, please visit www.allianz.com. Company data is provided by Capital IQ. Please use this form to report any data issues.