Investor RelationsAnnouncementsIR announcementsarchive_2013: Allianz designated global systemically relevant insurance group

Allianz designated global systemically relevant insurance group

Service & Contact

Allianz Investor Relations

You can reach us Monday to Friday,
7:30 am to 7:00 pm.

IR contact

Send e-mail

Info about app

Investor Relations App

  • Contact
  • Services
  • FAQ
  • App

The Financial Stability Board (FSB) designated Allianz and 8 other large international insurance groups as global systemically relevant


Munich, Jul 19, 2013

The concrete ramifications of this are now to be determined together with the regulators. Therefore, it is too soon to give a detailed assessment of its effects.

"Even though we continue to be of the opinion that the insurance business in general and Allianz in particular does not represent a systemic risk, we acknowledge the decision of the FSB and will continue to support its efforts for more stable financial markets," said Dieter Wemmer, Chief Financial Officer of Allianz SE. "Allianz enjoys a widely diversified, resilient business model, a very solid capital base and sustainable profitability. Therefore, we are well positioned to manage the new requirements this designation will lead to regardless of the specific form they take."

As with all content published on this site, these statements are subject to our Forward Looking Statement disclaimer.

Disclaimer