Overview
Description
Allianz SE Canadian Depositary Receipt is a financial instrument that provides Canadian investors direct exposure to the performance of Allianz SE, a leading global insurance and asset management company based in Munich, Germany. The depositary receipt structure allows domestic market participants to hold and trade shares representing the underlying Allianz SE common stock, with local currency (CAD) hedging to help mitigate foreign exchange risk. Allianz SE operates through diversified segments, including property-casualty insurance, life and health insurance, and asset management solutions for both institutional and retail customers. The company’s extensive international presence is reflected in its subsidiaries, such as Allianz Global Investors and PIMCO, which contribute to its influence across multiple sectors of the financial services industry. The Canadian Depositary Receipt enhances market accessibility and liquidity by enabling participation in Allianz SE’s global portfolio from Canada, supporting strategies for portfolio diversification and risk management within the insurance and asset management space.
About
CEO
Mr. Oliver Bate
Employees
156626
Address
Königinstrasse 28
Munich, 80802
Munich, 80802
Phone
49 89 3800 0
Website
Instrument type
Depositary receipt
Sector
Financial Services
Industry
Insurance - Diversified
Country
Germany
MIC code
XFRA