Our thoughts go out to our Ukrainian and Russian colleagues

Dear Colleagues,

For many weeks now, the Board of Management of Allianz SE has been observing closely the developing events on the Ukrainian border. Today, we write to you to assure you of Allianz’s preparedness to serve as a force of competence and calm in this unfortunate situation.

Our primary concern is the safety of our people, and we are engaged with our employees in both the Ukraine and Russia to ensure their wellbeing. As a global insurer and financial services leader, we are  actively prepared for all operational and financial outcomes, including market reactions, business continuity and adaptability, and readiness to comply with emerging sanctions and regulations.

In addition, we also want to acknowledge the emotional toll of these events on our people. We recognize the feelings experienced by not only our employees in the affected regions, but also the feelings of our fellow employees from around the world who join us in watching these developments with individual human concern.

The situation and its implications are changing rapidly, and we continue to monitor them. Uncertainty can be unsettling, but stability in situations like these is Allianz’s longstanding expertise.

Thank you for your care and your support for our customers and for each other.

Board of Management

Oliver Bäte, Sergio Balbinot, Sirma Boshnakova, Barbara Karuth-Zelle, Klaus-Peter Röhler, Ivan de la Sota, Giulio Terzariol, Günther Thallinger, Christopher Townsend, Renate Wagner, Andreas Wimmer

The Allianz Group is one of the world's leading insurers and asset managers with around 125 million* private and corporate customers in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 746 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.8 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2023, over 157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of 14.7 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
** As of March 31, 2024.