Allianz is one of the largest global providers of insurance and asset management. Founded in 1890 in Germany, Allianz is a company with a long history and a strong tradition. Allianz now operates in more than 70 countries all over the world and serves more than 76 million clients around the world. In addition, Allianz provides insurance coverage and its services to almost half of the Fortune 500 companies. In fiscal 2010 the Allianz Group achieved total revenues of over 106.5 billion euros. By the end of 2010, Allianz was recorded as the world’s largest asset managers, with third-party assets of 1.164 billion euros under management. In September 2006, an agreement to merge the company was signed between Allianz AG and RAS Holding S.p.A. Allianz AG from then on, changed its legal form to a Societas Europaea (SE), a European company. Following the registration procedures in Italy and Germany, on October 16, 2006 Allianz SE became the first company registered in the DJ EURO STOXX 50 Index.
Allianz in Asia Pasific
Asia Pacific is one of Allianz’s three major growth regions. It is characterized by its rich diversity of cultures, languages and customs. Allianz has been presented in the region since 1917, providing fire and marine insurance in the coastal cities of China. In Asia Pacific, Allianz presents in 15 markets offering its core businesses of property and casualty insurance, life and health insurance, and asset management. With more than 14,500 staff Allianz serve the needs of over 21.5 million customers in the region. Allianz's ability to adapt quickly to local needs has been the key to its success.
Allianz started its operations in Indonesia with a representative office in 1981. In 1989, Allianz established PT Asuransi Allianz Utama Indonesia, a general insurance company. Furthermore, Allianz entered the Indonesian life insurance market by opening PT Asuransi Allianz Life Indonesia in 1996. In 2006, Allianz Utama and Allianz Life Indonesia started sharia insurance business. In 2007, Allianz Indonesia introduces Allianz Center as One Stop Solutions concept, where customer and agent of Allianz get insurance services in one premise. Allianz Center has operated in Jakarta, Surabaya, Bandung and Denpasar. Now, Allianz Indonesia presents in 44 cities with 80 service centers, supported by more than 14,000 agents with more than 1,000 employees and solid banking partners to serve our customer. Allianz Indonesia gives you insurance solution from A to Z. In 2010, both Allianz in Indonesia; Allianz Utama and Allianz Life Indonesia reached total premium income Gross Written Premium (GWP) at IDR 5.6 trillion. Today, Allianz in Indonesia is one of the leading insurance groups in the market who has been trusted to serve more than 1.8 million policyholders consisting of individual and corporate customers.