“If an attractive opportunity arises, we will go for it”

Oliver Bäte, CEO of Allianz SE in an interview with CNBC.

 

In an interview on CNBC, Oliver Bäte summarized Allianz’ acquisition strategy: “We are looking to grow in the growth markets – in a disciplined way. But also in Europe where there is lots of room for consolidation”, he continued  “it is typically in the Property and Casualty industry” and “in markets where we already have a strong position.” Oliver Bäte also commented on Allianz and PIMCO: “There is absolutely no way we would sell PIMCO. It has been a fantastic part of Allianz over the last ten years. Since we acquired it the company has grown 20 percent compound. It has been a spectacularly positive story for us. And it will continue.”

Oliver Bäte, CEO of Allianz SE
Oliver Bäte, CEO of Allianz SE 

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

 

Disclaimer

Thomas Atkins
​Allianz SE
Phone +49.89.3800-2960
Send e-mail

Christian Kroos
​Allianz SE
Phone +49.89.3800-5043
Send e-mail 
Petra Brandes
​Allianz SE
Phone +49.89.3800-18797
Send e-mail 

Sep 09, 2020

Companies face five liability risk trends in the face of the coronavirus pandemic

read more

Sep 03, 2020

Europe: Post-corona pulse check

read more

Aug 25, 2020

Earthquake and Fire Research Center in Turkey expands family of Allianz research centers

read more