840400 Allianz SE

Proxy Report - 09/05/2018

General: In line with German law, the auditor of an insurance company like Allianz is not appointed by the AGM but the Supervisory Board.


Item 11: We recommend to oppose the proposed increase in Supervisory Board members' remuneration as we assess the absolute amount of remuneration under the amended system as being significantly above market practice.

24/04/2018
28 pages
EN

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Underlying

Insurance - Germany

Allianz SE is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company's segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers. Property-Casualty segment offers a range of products and services for both private and corporate clients. Life/Health segment offers a range of life and health insurance products on both an individual and a group basis. Asset Management segment provides institutional and retail asset management products and services to third-party investors, and provides investment management services to the Allianz Group's insurance operations. Corporate and Other segment includes Holding & Treasury, Banking and Alternative Investments.

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