Allianz Company Statement

Our name is the word for “alliance.” This means we stand steadfastly beside our customers, our people, and those who share our values in shaping a better world and a more secure future. We are present when circumstances are comfortable, but we swing into action when circumstances are hard.  

Allianz exists to protect what matters most to people. As a German-headquartered international company founded 134 years ago, we have the historical perspective to know that freedom and democracy are hard-earned, and that they are deeply cherished by the citizens who value them.  

We also know that the extremism currently threatening these values is stoked by fear. This includes existential concerns such as war, natural catastrophes, climate change, demographic shifts, the increasing cost of living, and the unknown implications of technological advancements. 

When it comes to protecting freedom and democracy, we do not believe that statements on social media alone will suffice. That is why we will combine forces with willing partners for action, and will work to listen, understand, and address the fears and disappointments at the root cause of extremism. 

Our compass as a company is trust and our core principle is inclusion, and we are optimistic that together with all partners we can succeed in restoring confidence in our institutions and overcoming the fears standing in the way of progress for free and open societies. 

Definition of "alliance": A group of countries, political parties, or people who have agreed to work together because of shared interests or aims.
The Allianz Group is one of the world's leading insurers and asset managers with around 125 million* private and corporate customers in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 746 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.8 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2023, over 157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of 14.7 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
** As of March 31, 2024.
As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements:
“There is no such thing as a weather forecast for earthquakes”

Sibylle Steimen, Managing Director Advisory & Services at Allianz Re, heads a team of over 40 scientists in the area of catastrophe management. She earned her PhD in seismology at the Swiss Seismological Institute. We spoke to her about the recent earthquakes in Turkey and Syria.

Allianz donates towards Türkiye-Syria earthquake relief

In response to the earthquake that struck Türkiye and Syria on February 6, 2023, Allianz Group is contributing to the Red Cross Society through its Disaster Response fund. Funds will be distributed to Turkish and Syrian Red Crescents for relief work in the impacted areas on both sides of the border.

One year after the German floods: "The scale of the disaster is extreme"

A year after the devastating flood, the Ahr valley region in Germany still resembles a construction site and claims settlements in some cases are still being resolved. Allianz’s Versicherungs AG Board Member Jochen Haug explains why this is the case and why he sees "light at the end of the tunnel."