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Allianz
Allianz SE〔(Allianz note to shareholders confirming conversion to SE )〕 ( ; ) is a European 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.〔(Frankfurt Stock Exchange )〕 Its Allianz Global Investors division ranks as a top-five global active investment manager, having €1,933 billion of assets under management (AuM), of which €1,408 billion are third-party assets (as of 2015-03-31), with specialized asset managers including PIMCO (bonds), RCM (equities) and Degi (real estate). Allianz sold Dresdner Bank to Commerzbank in November 2008.〔(AFX-News: Allianz jumps after Dresdner deal sealed )〕 As a result of this merger, Allianz gained a 14% controlling stake in the new Commerzbank. ==History==
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