corporate culture but no monastery
the "spider in the web"
"We're not," says Breipohl. "We've always said clearly that
Allianz does not make industrial policy." But, because
Allianz has been quite secretive about its portfolio and its
investment strategy, the spider image persists.
Now, to give a more accurate picture, Allianz has agreed to
this exclusive interview with Euromoney. It reveals
the blue giant from Munich as a conservative and largely benign
player on the world's financial markets, but it also signals a
quiet revolution within.
Notably since the death of its father figure Wolfgang
Schieren in early 1996, influential voices inside this global
group are urging a rethink of Allianz's identity. They argue
that it's time to shake off the insurer's image, and to
reorganize its conglomeration of separate companies. They
believe the group is well-placed to break out of its narrow
sector and become an integrated...