20 of 500
BACKNEXT
20. Allianz
Allianz
Financials: Latest Results
Rank: 20 (Previous rank: 20)
CEO: Michael Diekmann
Employees: 153,203
Address: Königinstrasse 28
Munich  80802
Country: Germany
Website: www.allianz.com
The German financial services giant swung to a 2009 profit from a year-ago loss, and its stock jumped 16% (which was still not enough to fully offset its 49% plunge in 2008). Allianz rode a strong performance in its life insurance and asset management units, but struggled within the competitive property and casualty insurance sector, according to CEO Michael Diekmann’s letter to shareholders.

Though Allianz shrank its workforce by 16% in the past year, the bulk of the cuts came when the company unloaded its Dresdner Bank unit in 2008. In 2010, Allianz hopes to catch the wave of the Asian market’s recovery by expanding its business there.

-- A.K.

Subscribe to Fortune Magazine
Is Allianz a great company, or what?
  $ millions % change from 2008
Revenues 125,999.0 -11.5
Profits 5,972.6 N.A.
Assets 838,046.2 --
Stockholders' equity 57,634.2 --
Profits as % of  
Revenues 4.7
Assets 0.7
From the July 26, 2010 issue
Figures prepared in accordance with International Accounting Standards.
Top 50 Headquarters
MAPS
Find your top companies
 High revenue growth  High profit growth
 Big employer  Small employer
 Based in Asia  Based in Europe
 Based in U.S.
SUBMIT



Rank # of Global 500 Companies
U.S. 139
Japan 71
China 46
Company 2009 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,649,992
State Grid 1,533,800
Company 2009 Profits
($ millions)
Gazprom $24,556
Exxon Mobil $19,280
Industrial & Commercial Bank of China $18,832
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.