(dpa) - Michael Diekmann, new CEO of the financial services and insurance group Allianz AG, pictured during the general meeting of the Allianz group in Munich, 28 April 2003. Writedowns in the value of Allianz's vast stock portfolios hit the German-based insurance group in the first quarter of this year, and shareholders were warned to expect a third straight quarter of losses.
RMD3FW1R(dpa) - Michael Diekmann, new CEO of the financial services and insurance group Allianz AG, pictured during the general meeting of the Allianz group in Munich, 28 April 2003. Writedowns in the value of Allianz's vast stock portfolios hit the German-based insurance group in the first quarter of this year, and shareholders were warned to expect a third straight quarter of losses.
CEO of the insurance company Allianz SE, Michael Diekmann, is pictured at the general meeting of the firm in Munich, Germany, 04 May 2011. The operating profit of Allianz remained stable in the first quarter of 2011 with 1.7 billion euro. Photo: Frank Leonhardt
RMDAKRGXCEO of the insurance company Allianz SE, Michael Diekmann, is pictured at the general meeting of the firm in Munich, Germany, 04 May 2011. The operating profit of Allianz remained stable in the first quarter of 2011 with 1.7 billion euro. Photo: Frank Leonhardt
CEO of Allianz AG Michael Diekmann is pictured at the company's general meeting at the Olympic Hall in Munich, Germany, 21 May 2008. Allianz made a record profit. Diekmann affirmed talks about a reorganisation of the bank industry of Allianz. Photo: MATTHIAS SCHRADER
RMD4EW44CEO of Allianz AG Michael Diekmann is pictured at the company's general meeting at the Olympic Hall in Munich, Germany, 21 May 2008. Allianz made a record profit. Diekmann affirmed talks about a reorganisation of the bank industry of Allianz. Photo: MATTHIAS SCHRADER
CEO of Allianz AG Michael Diekmann is pictured at the company's general meeting at the Olympic Hall in Munich, Germany, 21 May 2008. Allianz made a record profit. Diekmann affirmed talks about a reorganisation of the bank industry of Allianz. Photo: MATTHIAS SCHRADER
RMD4EW43CEO of Allianz AG Michael Diekmann is pictured at the company's general meeting at the Olympic Hall in Munich, Germany, 21 May 2008. Allianz made a record profit. Diekmann affirmed talks about a reorganisation of the bank industry of Allianz. Photo: MATTHIAS SCHRADER
CEO of Allianz, Michael Diekmann, pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
RMD4KJ31CEO of Allianz, Michael Diekmann, pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
CEO of Allianz, Michael Diekmann, pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
RMD4KJ2YCEO of Allianz, Michael Diekmann, pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
CEO of Allianz, Michael Diekmann, pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
RMD4KJ50CEO of Allianz, Michael Diekmann, pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
CEO of Allianz, Michael Diekmann, pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
RMD4KJ2TCEO of Allianz, Michael Diekmann, pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
Allianz SE CEO Michael Diekmann pictured at the general meeting in Munich, Germany, 05 May 2010. The insurance giant gave a conservative outlook for the running financial year due to persistent challenging economic conditions. Allianz reports an operative result of 7.2 billion euro for 2009. Photo: TOBIAS HASE
RMD57CB5Allianz SE CEO Michael Diekmann pictured at the general meeting in Munich, Germany, 05 May 2010. The insurance giant gave a conservative outlook for the running financial year due to persistent challenging economic conditions. Allianz reports an operative result of 7.2 billion euro for 2009. Photo: TOBIAS HASE
CEO of Allianz, Michael Diekmann (R) and chairman of the board Henning Schulte-Noelle pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
RMD4KJ32CEO of Allianz, Michael Diekmann (R) and chairman of the board Henning Schulte-Noelle pictured at the insurance company?s general meeting in Munich, Germany, 29 April 2009. Europe?s largest insurance company Allianz still gives no prospect for the ongoing year due to the global financial and economic crisis. Photo: FRANK LEONHARDT
CEO of Allianz, Michael Diekmann, is pictured prior to the balance press conference in Munich, Germany, 26 February 2009. After selling subsidiary ?Dresdner Bank? and also due to the financial crisis, Europe?s largest insurer has suffered a lost of 2.4 billion euro during the last year, as announced by Allianz SE in Munich. Photo: PETER KNEFFEL
RMD4JR9MCEO of Allianz, Michael Diekmann, is pictured prior to the balance press conference in Munich, Germany, 26 February 2009. After selling subsidiary ?Dresdner Bank? and also due to the financial crisis, Europe?s largest insurer has suffered a lost of 2.4 billion euro during the last year, as announced by Allianz SE in Munich. Photo: PETER KNEFFEL
Allianz SE CEO Michael Diekmann pictured during the group's balance press conference in Munich, Germany, 21 February 2008. Europe's biggest insurer Allianz prefers to be cautious for the coming financial year despite booking a record profit in the past year with its economic turmoils on the financial markets. Having to absorb billions of charges in the course of crisis-hit US housi
RMD4CTRPAllianz SE CEO Michael Diekmann pictured during the group's balance press conference in Munich, Germany, 21 February 2008. Europe's biggest insurer Allianz prefers to be cautious for the coming financial year despite booking a record profit in the past year with its economic turmoils on the financial markets. Having to absorb billions of charges in the course of crisis-hit US housi