Employee involvement in companies under the European Company Statute (ECS) - Case study : Allianz SE

Allianz SE is an integrated financial services provider with more than 150,000 employees. The company serves approximately 75 million customers in about 70 countries. [...] Allianz SE operates and manages its activities primarily through four operating segments: property-casualty, life/health, asset management, and corporate and other. Allianz adopted the legal form of a European company (Societas Europea (SE)) by merging with its Italian subsidiary RAS. The process of integrating the two companies started in September 2005. On 13 October 2006, the Allianz-RAS merger was registered and Allianz became recognised as an SE under the 2001 Statute for a European company as set out in Council Regulation 2157/2001.