FAQ - frequently asked questions

We continuously register all FAQs and list the answers for you here.

Allianz was entered into the Commercial Register at the municipal court of Berlin on February 5, 1890. In 1949 the headquarters moved to Munich. Allianz celebrated its 125th anniversary in 2015.

In which sector does Allianz operate? What kind of business is Allianz engaged in?

Allianz's operations break down into the following lines of business:

  • Property and Casualty Insurance
  • Life and Health Insurance
  • Asset Management
Since the vast majority of our revenue comes from the insurance business, Allianz is generally classed as belonging to the "insurance" sector (e.g. included in the STOXX Europe 600 Insurance index).

What are Allianz's most important subsidiaries?

The Allianz Group has a decentralized management structure and possesses high levels of competency in local markets via an international network of subsidiaries in more than 70 countries.

Where is Allianz's head office?

The Head Office of Allianz SE is in Munich. Its address is as follows:

Allianz SE
Königinstraße 28
80802 Munich
Germany

Phone: +49 89 3800 0
E-mail: info@allianz.com

Who is on the Allianz Board of Management?

The Board of Management of Allianz SE currently is made up of ten members. Chairman of the Board of Management is Oliver Bäte. Click on the link for a list of the members of the Board of Management and their CVs.

Who is on the Allianz Supervisory Board?

The Supervisory Board is made up of 12 members, 6 of whom have been appointed by shareholders and 6 by employees. Unlike under German law, the legal form of a SE does not require that the Supervisory Board is made up of equal numbers of employee representatives and employer representatives. However, Allianz will continue to apply the principle of equal representation under which employee representatives from various European countries are members of the Supervisory Board. Chairman of the Supervisory Board is Michael Diekmann.

The link will take you to more information on the Supervisory Board of Allianz SE.

How many employees does Allianz Group have?

Allianz Group has 142,460 employees worldwide (as of December 31, 2018).

Who are Allianz Group's biggest competitors?

Allianz’s competitors with worldwide operations are AXA, Generali and Zurich. Besides these international competitors, there are other local and regional companies competing for business in various countries and markets.

Where can I access the latest company news and business figures?

You can access the latest news about the Allianz Group on our website following the links listed below:

When will the next figures be published?

You will find all release dates in our Financial Calendar.

How can I get hold of the latest Annual Report or Half-year Report?

The Allianz Group Annual and Half-year Reports are available on this website as PDF and in the Allianz Investor Relations App.

What is the difference between the Annual Report of Allianz Group and the Annual Report of Allianz SE?

Every year Allianz SE publishes its financial statements as well as its consolidated financial statements. The Annual Report of Allianz SE (financial statements) only concerns the holding company "Allianz SE" that is based in Munich. Since 2006 the legal form of Allianz SE has been that of a European company (Societas Europaea). The financial statements of the holding company Allianz SE are drawn up according to the requirements of the HGB (Handelsgesetzbuch – German Commercial Code).

The Annual Report of Allianz Group contains the consolidated financial statements of Allianz SE and its subsidiaries. The consolidated financial statements are drawn up on the basis of the International Financial Reporting Standards (IFRS).

Which accounting regulations are the financial statements of the Allianz Group based on?

Allianz Group is drawing up its financial statements according to the International Financial Reporting Standards (IFRS).

Until 2002 the designation "International Accounting Standards" (IAS) applied to the overall framework of all standards approved by the International Accounting Standards Board (IASB). The change to IAS was effected in 1998. Thus the accounting of the Allianz Group is comparable with that of its international peers.

The annual financial statement of Allianz SE is drawn up according to the requirements of the HGB (Handelsgesetzbuch – German Commercial Code).

In which currency does Allianz publish its results?

Allianz has been doing its accounting in Euros since the introduction of the Euro in 1999.

How can I acquire Allianz shares?

You can buy Allianz shares through any supplier of brokerage services, usually banks. To do so, you need a custody account in which your shares are administered. It is not possible to acquire the shares directly through Allianz SE, its subsidiaries or intermediaries.

At which stock exchanges is the Allianz share traded?

The Allianz share is traded in Xetra and at all German stock exchanges.

How is Allianz valued on stock exchanges (so-called market capitalization)?

Allianz is one of the most highly valued financial services enterprises in Europe. To find out Allianz's current market capitalization please follow the link.

In what indices is the Allianz share represented?

The Allianz share is represented in the leading German and European as well as in the most significant world-market indices with a high weighting for a single stock, including the DAX®, EURO STOXX 50, S&P Europe 350, FTSE Eurotop 100, MSCI Europe and MSCI World.

The Allianz share has a particularly high weighting in the German and European sector indices for insurance, such as Prime Insurance, STOXX Europe 600 Insurance or MSCI Europe Insurance.

Furthermore the Allianz share is included in the Dow Jones Sustainability and the FTSE4Good.

How many shareholders does Allianz have?

Allianz SE has around half a million shareholders. To find out the current number of shareholders please follow the link.

Who are the biggest shareholders?

The biggest shareholders of Allianz are German and US-American investment companies.

Is the company authorized to acquire treasury shares (share buy-back)?

The Management has been authorized to acquire treasury shares for securities-trading purposes of banks belonging to the Allianz Group (Agenda Item 8 of the Annual General Meeting on May 9, 2018). This authorization is limited until May 8, 2023.

Moreover, under Agenda Item 9 of the Annual General Meeting on May 9, 2018, the Management received authorization to acquire treasury shares representing up to 10% of the capital stock for other purposes. Acquisitions can be made on the stock exchange or by means of a public purchase offer or in exchange for shares of a listed enterprise. The legal basis of this authorization is § 71 Abs. 1 Nr. 8 AktG (German Stock Corporation Act). This authorization is also limited until May 8, 2023. In accordance with the authorization granted under Agenda Item 10 of the above AGM, treasury shares representing up to 5% of the capital stock may be acquired by means of put and call optionsor forward purchases.

Total holdings of treasury shares of Allianz SE must not exceed 10% of the capital stock at any time.

Is Allianz purchasing own shares?

We will regularly inform you about the progress of the share buy-back program here:

When did the last cum-rights capital increase take place at Allianz?

The last cum-rights capital increase took place in April 2003.

When did Allianz last carry out a share split?

Allianz carried out a share split based on a ratio of 1:10 that took effect on April 28, 1997. The nominal value per share was reduced from DM 50 (Deutsche Mark) to DM 5 as a result. The resolution on the share split had been passed by the Annual General Meeting held on October 7, 1996. No further share splits are currently planned.

How many shares are there currently?

The information on the total number is updated on a quarterly basis. To find out the current number of shares please follow the link.

What categories of share has Allianz issued?

Allianz has issued only one category of shares - registered shares with restricted transferability.

What significance do registered shares with restricted transferability have for the shareholder?

Allianz SE issues registered shares with restricted transferability. Under German stock corporation law, companies with registered shares consider only those persons as shareholders, who are recorded in the company's share register.

To be recorded in the share register is relevant for taking part in general meetings and making use of voting rights and it also facilitates direct communication with shareholders. This way, for instance, shareholders can be invited personally to attend general meetings.

The restriction on share transferability goes right back to the foundation of Allianz in 1890. This practice is widespread in the insurance industry in Germany. In accordance with its statutes, the company will only withhold the approval for a transfer of shares if extraordinary reasons exist and if it is considered to be in the interest of the company. For several decades no such case has occurred.

With the standardization of share transfer processes, the restriction on share transferability does not cause any delay in the registration in the share register and does not impede in any way the trading of the shares on stock exchanges.

Which Allianz Group companies are listed?

The following companies have a stock exchange listing:

  • Allianz SE, Munich (DE 000 840 400 5)
  • Allianz Malaysia Berhad, Kuala Lumpur (MYL 116 3OO 004)

When was the Allianz share first listed on a stock exchange and at what price?

The Allianz share was first listed on December 12, 1895 on the Berlin stock exchange. The issuing price was 750 marks. As early as December 31, 1895 the price had climbed to 800 marks.

When was the Allianz share included in the DAX®?

The DAX® was introduced to the Frankfurt stock exchange on June 23, 1988. The Allianz share has been part of the DAX® since the very beginning and up to this day it is one of its most important components.

Does Allianz SE offer an ADR program in the USA?

The sponsored ADR program of Allianz SE terminated on January 3, 2020. The Deposit Agreement relating to the ADR program terminated effective on the same date. Please refer to the following announcement for further information.

What is the dividend for fiscal 2019?

The dividend proposal of the Board of Management for fiscal 2019 will presumably be announced at the Annual Results Media Conference on February 21, 2020.

When does a share have to be in my securities account in order to qualify for a dividend?

The dividend entitlement date is always the day of the Annual General Meeting (evening). Thus, regarding the dividend for fiscal 2019, the effective date is May 6, 2020.

When will the dividend for fiscal 2019 be paid out? When will the share be traded ex dividend?

In accordance to the German Stock Corporation Act (AktG), the dividend payment is to be made on the third business day following the Annual General Meeting. The dividend payment for the 2019 fiscal year will therefore be made on Monday, May 11, 2020.

As of May 7, 2020, the share will be traded ex dividend.

How is the dividend taxed?

Dividends is taxed according to the rules applicable to the capital gains tax.
 

I am a shareholder but I did not receive any dividend payment. Whom can I contact?

Please check first if your shares carry full dividend rights: The dividend entitlement date is always the day of the Annual General Meeting. At this date the shares have to be registered in your securities account in order to be entitled to dividends.

Your custodian bank is responsible for the transfer of the dividend into your account. If your shares are entitled to dividends and your bank account has not been credited, please contact your bank.

Aiming at a harmonization of securities settlements within Europe, the German legislator amended the German Stock Corporation Act (AktG) to revise the due date for dividend payments effective from January 1, 2017. In accordance with the newly worded § 58 (4) AktG, the entitlement to dividends shall not fall due on the day following the Annual General Meeting, as has been the case earlier, but on the third business day following the Annual General Meeting.

What is Corporate Governance?

Questions regarding corporate management, control and transparency are summarized under "Corporate Governance". A company's corporate governance structure is determined by a varied regulatory framework that is shaped by statutory requirements, market self-control mechanisms and company-specific principles.

Essential elements of good Corporate Governance are:

  • open and transparent communication
  • absolute respect for the interests of shareholders
  • efficient cooperation of the Board of Management and Supervisory Board

What is the German Corporate Governance Code?

The German Corporate Governance Code summarizes the main statutory regulations for the management and supervision of German listed companies. Furthermore, it takes into account internationally and nationally recognized behavioral standards in the form of recommendations ("shall") and provides the companies with suggestions ("should/can") for sound and responsible corporate management and supervision.

The Governmental Commission "German Corporate Governance Code" is responsible for the initial compilation and the continuous review and refinement of the German Corporate Governance Code. The Commission has to review the Code for possible adjustments at least once a year, considering legislative and practical developments concerning corporate governance.

Does Allianz comply with the German Corporate Governance Code?

Allianz understands responsible Corporate Governance as a central challenge and indispensable prerequisite for the creation of sustainable value for its shareholders as well as all other stakeholders. For this reason Allianzsupports the German Corporate Governance Code.

The Board of Management and the Supervisory Board provide an annual Declaration of Compliance regarding the Code. In terms of the principle "comply or explain" the declaration also contains possible deviations from the recommendations. This declaration is published in the Annual Report and on this website.

Who is on the Allianz Board of Management?

The Board of Management of Allianz SE currently is made up of ten members. Chairman of the Board of Management is Oliver Bäte. Click on the link for a list of the members of the Board of Management and their CVs.

Who is on the Allianz Supervisory Board?

The Supervisory Board is made up of 12 members, 6 of whom have been appointed by shareholders and 6 by employees. Unlike under German law, the legal form of a SE does not require that the Supervisory Board is made up of equal numbers of employee representatives and employer representatives. However, Allianz will continue to apply the principle of equal representation under which employee representatives from various European countries are members of the Supervisory Board. Chairman of the Supervisory Board is Michael Diekmann.

Does Allianz publish the remuneration of the Board of Management and the Supervisory Board?

In compliance with recommendations from the German Corporate Governance Code, AllianzSE (formerly Allianz AG)is publishing an individual breakdown concerning the remuneration of the members of the Board of Management and Supervisory Board since fiscal year 2004.

What is the "Code of Conduct"?

The Code of Conduct of Allianz Group sets minimum conduct standards for all Allianz employees worldwide in order to prevent situations which might question their integrity.

What is the "Code of Ethics"?

Since 2003 Allianz SE has a "Code of Ethics" addressed to the members of the Board of Management and senior financial officers. It sets standards of ethical and righteous behavior in the personal and professional area, particularly regarding the handling of conflicts of interest and the application of the highest corporate disclosure standards.