Allianz
DE0008404005
Allianz SE ( AL-ee-ənts; German pronunciation:(listen)) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. As of 2014, it is the world's largest insurance company, the largest financial services group and the largest company according to a composite measure by Forbes magazine, as well as the largest financial services company when measured by 2013 revenue. The company is a component of the Euro Stoxx 50 stock market index.Its asset management division, which consists of PIMCO, Allianz Global Investors and Allianz Real Estate, has €1,960 billion of assets under management (AuM), of which €1,448 billion are third-party assets (as at 2017-12-31).Allianz sold Dresdner Bank to Commerzbank in November 2008. As a result of this transaction, Allianz gained a 14% controlling stake in the new Commerzbank.
Allianz was a target of short sellers in the past, but no short positions have been reported for 1412 days.
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