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D&O Liability Insurance

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Members of the management and supervisory bodies of Allianz SE have a Directors & Officers Liability Insurance, which covers the liability from their officerships and directorships.

In case of damage covered under the D&O policy, members of the Supervisory Board of Allianz SE are subject to a retention equal to 10% of the loss, maximum 1.5 times their fixed annual compensation. The retention is in accordance with the recommendation under the German Corporate Governance Code.

Declaration of Conformity of Allianz SE regarding the German Corporate Governance Code

D&O Liability Insurance for members of the Board of Management