About Allianz
Allianz SE
Allianz SE was found by Wilhelm Finck and Carl Thieme in 1890 and its headquarters are in Munich Germany. It is engaged in the provision of insurance and investment advisory services. Its business includes four different segments; life/health, property-casualty, asset management, and corporate and other. The life/health segment offers endowment and term insurance, annuities, unit-linked and investment-oriented products, long-term care insurance, and private and supplemental health. The asset management segment functions as a global provider of the institutional and retail asset management products and services to third party investors. The Property-Casualty segment provides accident, motor liability and own damage, general liability, legal expense, fire and property, credit and travel insurance. And last the corporate and other segment contains banking, holding and treasury, and alternative investment activities. [1]
Its market capital as per May 2016 is $79.7 Billion, contains 142.459 employees. [2]
Its strategy as seen in the graph contains five strategic initiatives. The first one in the middle is the ‘True customer Centricity’ which means making superior customer experience the top priority for all their …show more content…
During this process, materiality and susceptibility to a misstatement are considered at the same time. After that the result are documented in the list of significant accounts and in the list of operating entities under the scope of ICOFR. Additionally, to the quantitative ICOFR calculation, Allianz takes the qualitative criteria into consideration. For instance, expected increase in business volume which are provided by the different Group Audit, external Audit as well as Group
Allianz SE
Allianz SE was found by Wilhelm Finck and Carl Thieme in 1890 and its headquarters are in Munich Germany. It is engaged in the provision of insurance and investment advisory services. Its business includes four different segments; life/health, property-casualty, asset management, and corporate and other. The life/health segment offers endowment and term insurance, annuities, unit-linked and investment-oriented products, long-term care insurance, and private and supplemental health. The asset management segment functions as a global provider of the institutional and retail asset management products and services to third party investors. The Property-Casualty segment provides accident, motor liability and own damage, general liability, legal expense, fire and property, credit and travel insurance. And last the corporate and other segment contains banking, holding and treasury, and alternative investment activities. [1]
Its market capital as per May 2016 is $79.7 Billion, contains 142.459 employees. [2]
Its strategy as seen in the graph contains five strategic initiatives. The first one in the middle is the ‘True customer Centricity’ which means making superior customer experience the top priority for all their …show more content…
During this process, materiality and susceptibility to a misstatement are considered at the same time. After that the result are documented in the list of significant accounts and in the list of operating entities under the scope of ICOFR. Additionally, to the quantitative ICOFR calculation, Allianz takes the qualitative criteria into consideration. For instance, expected increase in business volume which are provided by the different Group Audit, external Audit as well as Group