Global 500 rank: 19 (Previous rank: 16)
2006 Revenues (millions): $125,346
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Like France's AXA, Germany's insurance leader posted record profits thanks to a year of few disasters and placid markets. Last year's income of $8.8 billion was an all-time record
for the company. Last year, Allianz became the first large company to re-incorporate as a "Societas Europaea," meaning it is now by nationality an EUónot Germanócompany.
It has been using its extra cash to buy out partners in France and other countries.
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