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Acquisition
Submitted ByPreeti Garg
Nirmal Agrawal
Overview - Allianz AG
1890
Founded in Berlin
Immediately perused
business outside
countrys borders
By 1913, 20% of
premium income
from outside
Germany
caused significant
losses and all its
assets were seized
Allianz repurchased
its confiscated assets
in 1950
Became Europes
largest insurer
through series of
acquisitions in 1970s
and 1980s.
P&C
Property &
casualty
insurance
Provision
Performan
ce
Life and
Health
insurance
Asset
Manageme
nt and
Financial
services
group
had
market
capitalization of 98 billion
euros and a total premium
income
came
from
insurance of 68 billion
euros.
Regarded as one of the top
3 insurers in the world.
Offered insurance products
to
retail
as
well
as
corporate segments.
In Germany, Allianz had
17.8
million
customers
divided among private,
corporate and industrial
clients.
Sold
products
through
12000 tied agents and
3600
customer
service
representatives
through
cooperation
agreements
Inves
tmen
t
Bank
Real
Estate
Private
Clients
Corporate
Clients
Dres
dner
Bank
Asset
Management
Trans
actio
n
Bank
ing
Dresdner Financials
Dresdner Financials
Germa
n
Banki
ng
Sector
Credit
cooperativ
es
SWOT Analysis
Deal details
Allianz bought Dresdner Bank for 24 bn
As part of the transaction, Allianz agreed to
sell its 13.5 per cent stake in
HypoVereinsbank to Munich Re, and to acquire
Munich Re's 40 per cent stake in Allianz Leben
Following completion of the acquisition, Allianz
and Dresdner Bank combined their asset
management activities by forming Allianz
Global Investors.
Do you think they lived happily thereafter ??