Allianz Earnings Rise to Record as Pimco Draws €38 Billion Allianz, Europe's largest insurer, has announced record breaking earnings driven in part by the €38 billion withdrawn from its investment firm, Pimco.
This significant increase marks a milestone for the company, which has been revamping its business strategy and expanding into new markets.
The Pimco Factor: How €38 Billion Impacts Allianz's Bottom Line The €38 billion pulled out by Pimco represents a substantial portion of Allianz's assets under management.