Allianz SE

Business in Russia

Main article: Allianz in Russia

• Allianz Life (Alliance Life)
• ROSNO SK
• Alliance ROSNO Upravleniye Allianz
• Alliance ROSNO Life, insurance company
• Progress-SK Guarantor

Business in Ukraine

Main article: Allianz Ukraine

History

2023: Loss of €435 million from the sale of control in the Russian business Allianz

The loss from the sale of Allianz's 50.1% stake in Russian business amounted to 435 million euros, follows from the report of the German insurance group, which was published in August 2023. Read more here.

2022: Announcement of the sale of Russian business

On June 3, 2022, the German insurance group Allianz announced the sale of its Russian business to Interholding, which owns Zetta Insurance LLC. The value of the transaction was not disclosed. Read more here.

1990: Expansion into Russia and Eastern Europe

In 1990, Allianz came to Russia. Since 2012, Alliance JSC has been operating on the Russian market - under a single global brand Allianz.

In 1990, the company became the state insurer of the GDR. After that, several branches were opened in Central and Eastern Europe.

1985: Transformation into an international holding

International expansion continued, with offices in Britain, Holland, Spain, the United States and Brazil. In 1985, Allianz was transformed into an international insurance holding.

1956: Start of data processing on IBM machines

In 1956, Allianz was one of the first to use a computer data processing system on IBM machines.

1922: Allianz Life subsidiary founded to insure individuals

Main article: Allianz Life (Alliance Life)

In 1922, Allianz-Life, a subsidiary of Allianz-Life Insurance, was founded, which specialized in insurance for individuals. Allianz began to actively strengthen its position in the German market, several companies and banks in Germany were acquired. Even then, the company used the latest technical developments in its work: a laboratory was created to study damage to various materials, which later grew into the Allianz Technology Center.

1912: Payments to victims and victims of the Titanic crash

In 1912, a second test followed - the Titanic sank, and the company paid insurance compensation to the victims and relatives of the victims of the disaster.

1906: Record payouts after the San Francisco earthquake

In 1906, Allianz passed its first serious financial test - it paid insurance compensation to the victims and relatives of those killed in the San Francisco earthquake.

1895: Berlin Stock Exchange Stock Offering

In 1895, Allianz shares first began trading on the Berlin Stock Exchange.

1893: London Branch Opened

In 1893, the first foreign branch of the company was opened in London.

1890: Establishment of a company in Germany

Allianz Insurance Company was founded in 1890.