Questions regarding corporate management, control and transparency are summarized under "Corporate Governance". Allianz SE understands a responsible and transparent Corporate Governance as a central challenge and indispensable prerequisite for the creation of sustainable value for its shareholders and all other stakeholders.
Declaration of Conformity
The German Corporate Governance Code goes beyond legal regulations for management and supervision of German listed companies and summarizes international and national acknowledged standards for good and responsible corporate governance.
Here you find the statutes of Allianz SE in the current version. Besides general regulations, the statutes contain rules regarding the central bodies (Board of Management, Supervisory Board, Annual General Meeting), the annual financial statements, and the appropriation of net earnings.
Board of Management, Supervisory Board and General Meeting form the central bodies of Allianz SE. The areas of responsibility of these three bodies are regulated in the German stock corporation law and by the statutes of Allianz SE.
The independent auditor PriceWaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC) audited the annual accounts of Allianz SE and the consolidated financial statements as of December 31, 2018 as well as the management report of Allianz SE and the Group and provided an unqualified audit certificate.
Allianz established the minimum standards of conduct for all Allianz employees worldwide in the “Code of Conduct for Business Ethics and Compliance”. In addition, Allianz SE adopted a "Code of Ethics" aimed at the members of the Board of Management and senior financial officers.
Allianz SE gives highest priority to compliance with legal requirements and internal regulations. When violations are detected at an early stage, appropriate actions can be initiated to prevent or mitigate damages to customers, employees, business partners and the company itself.