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The Allianz Group prepares its accounts according to § 315e of the German Commercial Code (“Handelsgesetzbuch – HGB”) on the basis of International Financial Reporting Standards (IFRS) as adopted within the European Union. The annual financial statements of Allianz SE are prepared in accordance with German law, in particular the HGB.

Audit of annual accounts and consolidated financial statements 2017

The Supervisory Board has appointed KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG) as statutory auditor for the annual Allianz SE and consolidated financial statements, as well as for the review of the half-yearly financial report of the fiscal year 2017.

KPMG audited the financial statements of Allianz SE and the Allianz Group as well as the respective management reports. They issued an auditor’s report without any reservations. You can find the auditor’s report in the Annual Report 2017 of Allianz Group on page 153 as well as in the Annual Report 2017 of Allianz SE on page 85. KPMG performed a review of the half-yearly financial report.

Audit of annual accounts and consolidated financial statements 2018

Given the legally required rotation of the auditors, the Supervisory Board approved the proposal of the Audit Committee to select PriceWaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC) to audit the individual and consolidated financial statements of Allianz SE as from financial year 2018.

Appointment of the auditor

In compliance with the special legal provisions acc. to § 341 k of the German Commercial Code (HGB) applying to insurance companies, the statutory auditor and the auditor for the review of the half-year report are appointed by the Supervisory Board of Allianz SE and not by the Annual General Meeting.

Further information

Principal accountant fees and services of the auditor are listed in the Annual Report 2017 of Allianz Group on page 140.

Annual Reports of Allianz Group and Allianz SE

Corporate website of KPMG in Germany

Corporate website of PwC in Germany

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Annual Report

The Allianz Group Annual Report is available as PDF and in the Allianz Investor Relations App.

Supervisory Board

Here you can find information on Allianz SE's Supervisory Board.

Annual General Meeting

Here you can find information on the Annual General Meetings of Allianz SE.