Allianz Cornhill became Allianz Insurance plc on 30th April 2007 to more closely reflect our membership of the Allianz Group – a hugely successful global insurer with 177,000+ employees and a Standard and Poor’s Rating of AA. Allianz is now present in more than 70 countries with over 177,000 employees.
At the top of the international group is the holding company, Allianz SE, with its head office in Munich. Allianz Group provides more than 80 million customers worldwide with a comprehensive range of services in the areas of:
• property and casualty insurance
• life and health insurance
• asset management and banking
Allianz SE
• Total Revenues: Euro 102.6 bn • Operating Profit: Euro 10.9 bn
• Net Income: Euro 8 bn • Total customers worldwide: 80 million
Rating
On July 11, 2007, Standard & Poor’s (S&P) raised its long-term counter-party credit and insurer financial strength rating on Allianz SE and various core operating entities to AA.
‘In 2007 we achieved high quality results despite a turbulent financial markets environment, which demonstrates our sustainable underlying profitability. Allianz is well positioned to also master the challenges in 2008 and again deliver on its medium term targets.’ Michael Diekmann, CEO of Allianz SE
