"Since Allianz was established in 1890, many generations of men and women have worked to secure the future – for our customers, our employees and their families, and society as a whole. Their ideas and their energy empowered Allianz to achieve its current position as a strong and globally active company. In the 1990s, as Allianz was first beginning to explore its own corporate history, the need for transparency, honesty, and critical self-reflection quickly became apparent – especially with regard to the company’s history during the Nazi dictatorship. These were important not only to our senior management and our employees around the world, but most especially to those who suffered unspeakable persecution under the Nazis. Indeed, preserving the memory of customers and employees who were stripped of their rights, persecuted, and murdered during the Nazi reign of terror is a central focus of our commitment to historical remembrance, as is, of course, the remembrance of all victims of the Holocaust, their families, and their descendants. Learning from history – from good times, but especially from bad times – enables us to think into the future and act accordingly."
Oliver Bäte, CEO of Allianz SE