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22 of 500
22. Allianz
Financials: Latest Results
Rank: 22 (Previous rank: 19)
CEO: Michael Diekmann
Employees: 181,207
Address: Königinstrasse 28
Munich  80802
Country: Germany
Despite a series of natural disasters in Europe and the subprime crisis in the United States, Allianz’s growth did not slow in 2007. Following a strong performance in 2006, the company’s overall revenue grew 12%, while profit climbed 23.8%. Three of its four units - life insurance, non-life insurance and asset management - contributed to the improved profit.
Revenues 140,618.4 12.2
Profits 10,903.6 23.8
Assets 1,551,464.5
Stockholders' equity 69,817.8
Revenues 8
Assets 1
1 Allianz 22 140,618.4
2 Berkshire Hathaway 30 118,245.0
3 American International Group 35 110,064.0
4 Munich Re Group 98 64,773.9
5 Zurich Financial Services 121 55,163.0
6 Allstate 198 36,769.0
7 Swiss Reinsurance 209 35,729.7
8 Millea Holdings 232 32,487.1
9 Travelers Cos. 308 26,017.0
10 Liberty Mutual Insurance Group 309 25,961.0
11 Hartford Financial Services 311 25,916.0
12 Nationwide 364 22,962.0
13 Mitsui Sumitomo Insurance 450 18,717.8
14 Mapfre Group 463 17,984.4
15 Loews 466 17,920.0
From the July 21, 2008 issue
Figures prepared in accordance with International Accounting Standards.
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