Company Background
Allianz SE is an integrated financial services provider. The Company serves approximately 75 million customers in about 70 countries. Allianz SE operates and manages its activities primarily through four operating segments: Property-Casualty, Life/Health, Asset Management, and Corporate and Other. It offers a variety of insurance products to both private and corporate customers, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit and travel insurance. It offers life and health insurance products on individual and group basis. It acts as a global provider of institutional and retail asset management products and services to third-party investors. On January 12, 2009, the Company sold Dresdner Bank AG to Commerzbank. In May 2010, the Company acquired six solar parks, each with up to one megawatt peak capacity, from BP Solar Italy, a unit of BP Alternative Energy.
Source: Scottrade