Allianz
Compare Allianz…Europe's largest insurer + PIMCO asset management ($2.3T AUM); ~$190B 2024 revenue; broad-based global P&C, life, and asset-mgmt operations.
SectorsInsurance
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AllianzEurope's largest insurer + PIMCO asset management ($2.3T AUM); ~$190B 2024 revenue; broad-based global P&C, life, and asset-mgmt operations.
PIMCO (Pacific Investment Management Co.) is Allianz's US-based fixed-income asset manager and the world's largest active bond manager. AUM is overwhelmingly third-party institutional money. 2022 was painful — the bond bear market repriced PIMCO's flagship strategies; AUM dropped from peak before rebounding as rates stabilized.
2020 — 2024
Source: PIMCO press releases / Allianz Asset Management segment disclosures (Updated: 2025-02)
Allianz Group operates three pillars. Property-Casualty is the largest (German + global commercial + Allianz Direct). Life-Health is the second largest, dominated by Germany, Italy, and the US (Allianz Life). Asset Management is PIMCO (Newport Beach) + Allianz Global Investors — the highest-margin segment. Currency: euros.
2020 — 2024
Source: Allianz SE Annual Report — segment reporting, total revenues (FY 2020-2024) (Updated: 2025-02)