“In a changing environment, the companies of Allianz Group combine stability
and continuity with the ability to act strategically.”
For decades “hoffentlich Allianz versichert” was the essence of insurance in
Germany. Today, the Allianz Group convinced with the 3 P´s “Protection,
Provision, Performance” worldwide. In spite of it, everybody aware that Allianz is
only one of the world’s leading insurance companies. However, as a global
financial services company, they are active in many other fields, through the
named three core business areas, plus banking in Germany. Allianz stands also for
customer focus, profitable and continuous growth and social responsibility. The
continous growth results from convinced products, innovative ideas, a reliable
service, consistent future-oriented management and the management of the
employees. The solid pillar for profitable increase and the effective success are
above all a consistent customer orientation, social acceptance and the status as an
attractive employer for excellent employees.
“The Allianz Group – A company performance” provides an overview of the
history, goals of the current activities and the business fields.
Inhaltsverzeichnis (Table of Contents)
- 1. Introduction
- 2. Main part
- a. Profile
- b. History
- c. Strategic Objectives and Priorities
- d. Business Fields
- i. Property and Casualty Insurance
- ii. Life and Health Insurance
- iii. Asset Management and Banking
- 3. Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
The objective of this text is to provide a comprehensive overview of the Allianz Group, focusing on its history, current activities, and business fields. The text aims to showcase the company's evolution into a global financial services leader and highlight its key strategic priorities.
- Allianz Group's historical development and expansion.
- The diverse business fields and core competencies of the Allianz Group.
- Allianz's strategic objectives and priorities in a changing market.
- The Group's global reach and presence in various international markets.
- Allianz's commitment to customer focus, profitable growth, and social responsibility.
Zusammenfassung der Kapitel (Chapter Summaries)
1. Introduction: This introductory chapter establishes the context for understanding the Allianz Group's performance. It highlights the company's evolution from a primarily German insurer ("hoffentlich Allianz versichert") to a global financial services company operating under the principles of "Protection, Provision, Performance." The introduction emphasizes Allianz's commitment to customer focus, profitable growth, and social responsibility, setting the stage for a deeper exploration of the company's history, strategies, and business units.
2. Main part a. Profile: This section details the Allianz Group's current profile as a multinational entity comprising over 700 companies and 181,000 employees globally. It emphasizes the decentralized management structure, allowing for strong local market adaptation and resource utilization. The profile highlights Allianz's extensive international reach, presence in over 70 countries, and its key subsidiaries, including Allianz Compañía de Seguros (Spain), Allianz Life Insurance (USA), and PIMCO (USA). The three core business areas – protection, provision, and performance – are introduced, providing a framework for subsequent sections. The chapter concludes by mentioning Allianz’s significant premium income and assets under management, solidifying its position as a major player in the global financial services sector.
2. Main part b. History: This chapter traces the Allianz Group's history from its founding in 1890 in Berlin to its current status. It chronicles key milestones such as the opening of its London branch, its initial stock listing, and its expansion beyond Germany in the early 20th century. The chapter also details significant mergers and acquisitions throughout its history, including the integration of companies like Bayrische Versicherungsbank and the acquisition of AGF. The relocation of its headquarters following World War II, the introduction of the advertising slogan "...hoffentlich Allianz versichert," and its post-reunification expansion into Eastern Europe are also discussed. This historical overview showcases Allianz’s continuous growth and adaptation to the changing market landscape through strategic partnerships and acquisitions.
Schlüsselwörter (Keywords)
Allianz Group, insurance, financial services, global expansion, mergers and acquisitions, property and casualty insurance, life and health insurance, asset management, banking, customer focus, profitable growth, social responsibility, international markets, decentralized management.
Allianz Group Comprehensive Language Preview: Frequently Asked Questions
What is this document?
This document is a comprehensive language preview of a text about the Allianz Group. It includes the table of contents, objectives and key themes, chapter summaries, and keywords. It serves as an overview of the Allianz Group's history, current operations, and strategic priorities.
What are the main sections covered in the document?
The document covers the following key areas: an introduction to the Allianz Group, a detailed profile of the company, a history of its development, a look at its strategic objectives and priorities, and descriptions of its various business fields (property and casualty insurance, life and health insurance, and asset management and banking). It also includes a conclusion.
What is the objective of the text?
The objective is to give a complete overview of the Allianz Group, concentrating on its history, present activities, and business areas. The goal is to show the company's growth into a major global financial services company and highlight its main strategic priorities.
What are the key themes explored in the text?
Key themes include the Allianz Group's historical development and expansion, its diverse business fields and core competencies, its strategic objectives and priorities in a changing market, its global reach, and its commitment to customer focus, profitable growth, and social responsibility.
What are the main business fields of the Allianz Group?
The Allianz Group's core business areas are property and casualty insurance, life and health insurance, and asset management and banking.
What is the structure of the "Main Part" section?
The "Main Part" section is divided into subsections covering the Allianz Group's profile (current status, global reach, management structure), its history (key milestones, mergers and acquisitions), and its strategic objectives and priorities.
What is the historical context provided in the document?
The text traces Allianz's history from its founding in 1890 in Berlin to its current global presence. It highlights significant milestones such as its expansion beyond Germany, key mergers and acquisitions, and its adaptation to changing market conditions.
What are some key milestones in Allianz's history mentioned?
Key milestones include the opening of its London branch, its initial stock listing, expansion into Eastern Europe post-reunification, and significant mergers and acquisitions such as the integration of Bayrische Versicherungsbank and the acquisition of AGF.
What are Allianz's strategic priorities?
Allianz's strategic priorities emphasize customer focus, profitable growth, and social responsibility.
What keywords are associated with the Allianz Group?
Keywords include Allianz Group, insurance, financial services, global expansion, mergers and acquisitions, property and casualty insurance, life and health insurance, asset management, banking, customer focus, profitable growth, social responsibility, international markets, and decentralized management.
- Quote paper
- Alina Dorl (Author), 2003, The Allianz Group - Company Performance, Munich, GRIN Verlag, https://www.grin.com/document/15150