[WORLDKINGS] World Best Academy – Allianz SE (Germany): Most valuable insurance brand in Europe 2020

05-09-2020

(WorldKings.org) According to brandirectory.com, Allianz SE is the most valuable insurance brand in Europe 2020, with brand value of $24.838 million.

Allianz SE is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. 

 

 

Allianz AG was founded in Berlin on 5 February 1890 by then director of the Munich Reinsurance Company Carl von Thieme (a native of Erfurt, whose father was the director of Thuringia) and Wilhelm von Finck (co-owner of the Merck Finck & Co bank).

 

 

The first Allianz products were marine and accident policies first sold only in Germany, however in 1893 Allianz opened its first international branch office in London. It distributed marine insurance coverage to German clientele looking for coverage abroad.

In 1900 the company became the first insurer to obtain a license to distribute corporate policies. Markets entered by 1914 included the Netherlands, Italy, Belgium, France, the Scandinavian countries and the Baltic States, and Allianz had become the largest maritime insurer in Germany.

 

 

Today, Allianz has operations in over 70 countries and has around 147,000 employees. The parent company, Allianz SE, is headquartered in Munich, Germany. Allianz has more than 85 million customers worldwide and its services include property and casualty insurance, life and health insurance and asset management.

As of 2019, Allianz is the world's largest insurance company with 1,060.2 billion in assets according to Forbes. Its 2018 revenues stood at $145.7 billion. According to brandirectory.com, Allianz SE is the most valuable insurance brand in Europe 2020, with brand value of $24.838 million.

According to en.wikipedia and brandirectory.com

 


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