You are here:

You are not logged on. Log on to Personal Internet Banking Australia Internet Banking Not logged on to Australian Personal Internet Banking

Allianz, Mondial Assistance and American International Assurance

Allianz, Mondial Assistance and American International Assurance

At HSBC, we strive to offer our customers the best products and services available to enhance their wealth building objectives. To this end, we forge relationships with organisations that share similar principles and offer industry leading products and services.

 

Allianz Group

The Allianz Group is one of the largest and most renowned insurance and financial services providers in the world.

Representing an international network of strong brands with first class products, Allianz brings together the expertise of specialists in property and casualty insurance, life and health insurance, asset management and banking.

Founded in 1890 in Berlin, Allianz is now present through its subsidiary companies in more than 70 countries with over 180,000 employees and 80 million customers. At the top of the international group is the holding company, Allianz SE, with its head office in Munich.

In fiscal year 2007, Allianz's total revenues amounted to some 102.6 billion euros ($A174.3 billion).

Allianz Group is:

  • among the top 20 of the world's largest corporations based on revenues
  • among the world's top 5 leading asset managers based on total assets managed
  • Europe's largest insurer based on market capitalisation
  • Germany's largest financial institution based on market capitalisation
  • among the top 5 international joint ventures in China

As one of the largest providers of international corporate insurance, Allianz insures almost half the Fortune 500 companies and is rated AA by Standard and Poor's.

 

Allianz Australia

Allianz Australia Limited (ABN 21 000 006 226) through its subsidiaries, offers a wide range of insurance and risk management products and services. These include:

  • Personal insurance such as home & contents, motor, boat, travel and CTP and Life insurance such as Consumer Credit, Lifestyle Protection and Term Life
  • Industrial and Commercial insurance e.g. farms, businesses, transport, trades and services
  • Corporate insurance e.g. marine, construction, liability, professional indemnity, property, transport and machinery
  • Public and Products Liability
  • Workers' Compensation
  • Loss Control and Risk Management strategies

Key Facts

  • Operates throughout Australia and New Zealand
  • Employs approximately 3,300 staff
  • Has a combined premium income of over A$2.4 billion
  • Has investment assets of approximately A$5.5 billion

The main subsidiary, Allianz Australia Insurance Limited (ABN 15 000 122 850):

  • One of Australia's largest general insurers (No.4)
  • Provides some form of insurance cover for more than half of Australia's top 50 BRW-listing companies (2005)
  • Has over 2 million policyholders
  • Is one of the leading private Workers' Compensation insurers in Australia
  • Provides Workers' Compensation cover for approximately one in five Australian employees
  • Has a target to reduce emissions by 20% by 2012 (this is an Allianz Group-wide target)
  • Is a member of the Australian Government's Greenhouse Challenge Plus program

Specialist Brands and Services

  • Club Marine - Australia's leading distributor of pleasure craft insurance
  • Hunter Premium Funding - The leading Premium Funding company in Australia and New Zealand, providing "Easy Cash Flow Solutions" for today's business community
  • Allianz Life - Provides life insurance products to meet lifestyle needs
  • Allianz Finance - A non recourse cashflow finance provider for businesses

Allianz Australia Limited is 'AA-' rated by Standard and Poor's and a wholly owned subsidiary of Allianz SE. Allianz SE is 'AA' rated by Standard and Poor's and is one of the world's largest insurance and financial service providers.

 

Mondial Assistance Australia

Like Allianz in Australia, Mondial Assistance Australia and its parent, the Mondial Assistance group, are owned by the global Allianz Group. Founded in 2000, Mondial Assistance companies have over 50 years expertise in travel insurance and more than 25 years in assistance and service solutions.

Mondial Assistance Australia was launched to cater for international travellers who required medical assistance and insurance. Mondial product range has now expanded to include automotive assistance, travel insurance, medical assistance and overseas student health cover.

 

American International Assurance Company (Australia) Ltd

American International Assurance (AIA) is a member of the American International Group (AIG). The group was first formed in 1919 in Shanghai, China.

AIG is now the leading US based international insurance organisation and the largest underwriter of commercial and industrial insurance in the United States.

AIG's member companies write property, casualty, marine, life and financial services insurance in approximately 130 countries and jurisdictions.

AIG currently has total assets in excess of $US490 ($A980) billion and employs over 40,000 people.

AIA in Australia was established in 1972.

ABN 79 004 837 861

Apply Now

Email Us

Call us on 1300 308 880

Apply at a branch

News

The News Room
Latest news about HSBC

HSBC Research
Indepth economic & market reports

HSBCnet
Manage your banking with ease