Top 10 Insurance Companies in the World 2017

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3. Allianz

Allianz was founded in 1890 by Carl von Thieme and has become one of the leading insurance companies.


Image: Wikimedia

It is headquartered in Munich, Germany, headed by Oliver Bate with a workforce of more than 140,000 employees to serve customers worldwide. Allianz is engaged to prvide insurance and investment advisory services, and it operates in Property Casualty, Life/Health, Asset Management, and Corporate business segments.

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Allianz has its active operations in almost 70 countries including Australia, Belgium, Germany, India, Indonesia, US, UK, and many more.

Allainz has more than 50 subsidiaries worldwide and the acquisitions of Allainz are continuous every year. Many analysts believe that Allainz has spent around $10B in acquisitions which require a proper approach. On January 30th 2017 Allainz was weighing its options to acquire Australia’s QBE Insurance so as to capture more market in Australia and smoothen its operations.

Allianz has added almost on an average of 5 awards per subsidiary in many categories. Some of these include Excellence in Diversity – Private Sector, Investing in the Profession - British Insurance Awards, Large General Insurance Company of the Year Award 2016, ET Premium Brands 2017 and many more

Revenue: 130.212 $Bn

Net Earnings: 7.34 $Bn



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