INDEX 193 P G C A B E F D H I J L M N O V W U T S R Pension reform 37 Personnel marketing 93 Pet Plan 52 PIMCO-Management 81 PIMCO Total Return Fund 80 Poland 54, 55 Portugal 54 Premium income 44 Property and casualty insurance 36-37, 47-61, 95, 96 Protection of the environment 97 Genialloyd 51 German Corporate Governance Code 6, 10-11 Germany 36, 37, 39, 48, 49-50, 60, 65-66, 80, 95 Global Compact 97-99 Great Britain 52, 60 Greece 54 Group Risk Controlling 84 Growth capital 25 Guaranteed interest 65, 68, 69, 72 Guotai Junan Allianz Fund Management Co. 80 Hana Bank 73 Health management 60, 66 Holders of profit participation certificates 28 Human rights 97 Hungary 54, 55 RAS Group 51, 67 Rating 32, 42, 43, 72, 85, 86, 90 Reduction of complexity 23, 43 Remuneration 14-16, 94 Remuneration of the Board of Manage- ment 10, 14-16 Restricted Stock Units 15 Restructurings 43 Return on equity 45 Risk capital 25, 84, 90 Risk management 38, 53, 66, 84-91 Road discipline 50, 52 Romania 54 Russia 36, 54 Sarbanes-Oxley Act 6, 11-12 Shareholders’ equity 5, 22, 31-33, 42, 45 Singapore 73 Slovakia 54, 55, 92 Solvency 31-33 South America 36, 58, 74, 95 South Korea 43, 44, 57, 64, 92 Spain 37, 48, 54, 70 Standard & Poor’s 32, 42, 84, 85, 86, 90 Stock Appreciation Rights 15 Stock markets 38 Strategy 22-23 Study “Life goals” 3 Supervisory Board 5-8, 10-12, 16 Sustainability 97 Switzerland 23, 53, 69, 92 Synergy management 23 Taiwan 73 Thailand 73 “Three Plus One” program 3, 5, 22-23, 96 Tied-agents network 65 Trafalgar Insurance Company of Canada 56 Training Programs 93 Travel insurance 60 Turnaround program 5, 44 Unicredito Group 67 United Nations 97-99 Unit-linked life insurance 37, 67, 68 U.S.A. 23, 36, 38, 39, 48, 56-57, 72, 80, 95 Value-at-risk model 88-89 Venezuela 36, 58 World economy 36 World Trade Center 6 Malaysia 73 Market capitalization 27, 45 Mexico 56, 57, 92 Mondial Assistance Group 23, 60 Moody’s 90 Münchener Rückversicherungs-AG  (Munich Re) 5, 6, 22, 32, 43, 81 NAFTA Region 56-57 Netherlands 54, 55 “New Dresdner” 2, 76 New York Stock Exchange 11-12, 28 Nicholas Applegate 81 Oldenburgische Landesbank AG 11 Outlook 95-96 Leadership Values 3, 92, 98 Liability insurance 49, 50 Life and health insurance 37, 62-74 Lloyd Adriatico 51, 67 Luxembourg 54, 55 Fénix Directo 54 Financial calendar 30 Fireman’s Fund 5, 22, 56, 92 Fixed-income funds 80 France 23, 37, 48, 50-51, 60, 68 Free float 28 “Baby Boomer” 37-38 Banks 38, 95, 96 Bank-based distribution 65, 67, 73 Banking business 75-79 Basel Capital Accord (“Basel II”) 38, 91 Beiersdorf AG 5, 22, 43, 44, 48, 50, 81 Belgium 54 Board of Management 9, 10 Bond issues 33, 44 Bond markets 39 Brazil 58, 74, 97, 98 Building insurance 52 Bulgaria 54 Earnings 44 Earnings per share 27 Economic Value Added (EVA$^{®}$) 24-25, 84 Efficiency gains 2 Employee 2, 45, 92-95 Employee stock 6, 94 Entenial 76 Euler Hermes 23, 59 European Union 36, 37, 55, 95 European School of Management and Technology 93 Eurovida 70 Advance Bank 43 AGF 50-51, 68 Allianz AG 50, 84, 86 Allianz Australia 57 Allianz Center for Technology 99 Allianz Cornhill 52 Allianz Dresdner Asset Management 43, 80, 98 Allianz Environment Foundation 99 Allianz Global Risks Rückversicherungs-AG 5, 22, 23, 43, 58-59 Allianz Global Risks US 56, 57 Allianz Insurance Company of Canada 56, 57 Allianz Lebensversicherungs-AG 11, 65-66 Allianz Life Korea 73 Allianz Life of North America 72 Allianz Management Institut 93 Allianz Marine & Aviation 23, 43, 60 Allianz México Compañía de Seguros S. A. 56 Allianz Pensionskasse 65 Allianz President Life 73 Allianz Private Krankenversicherungs-AG 65, 66 Allianz Risk Transfer 23, 53 Allianz Sachgruppe Deutschland 49 Allianz Seguros 54, 70 Allianz Share 26-30, 45 Allianz Suisse Lebensversicherungsge- sellschaft 69 Allianz Suisse Versicherungs-Gesellschaft 53 Allianz-Slovenská 55, 71 A. M. Best 32, 90 Annan, Kofi 97 Annual General Meeting 29-30 Antoniana Veneta Popolare Vita 67 Argentina 58 Asia-Pacific 57, 73, 95 Asset management 23, 37, 80-83, 95, 96 Asset management for third party in- vestors 80-81 Assistance 60 Assurances Fédérales 50 Australia 23, 36 Austria 23, 54 Automobile insurance 37, 49, 50, 51, 52 Ayudhya Allianz CP Life 73 Darta Saving 67 Declaration of Compliance 11 Deutsche Bank 32 Deutsche Hyp 75 Disposals 23 Distribution 54, 68, 69, 70, 72, 73 dit-Euro Bond Total Return Fund 80 Dividend model (internal) 25 Dividend payout 28 Dow Jones Sustainability Index 27, 97 DRCM 81 Dresdner Bank 2, 3, 22, 23, 65, 75-79, 87- 90, 92, 98, 99 Dresdner Kleinwort Wasserstein 79 Japan 36, 95 India 52, 57, 73 Indonesia 73 Information Technology (IT) 5, 23, 49, 51, 52, 53 Institutional Restructuring Unit (IRU) 23, 75, 76, 77, 78, 79, 87 Interest rate 37, 65, 72 International Executive Committee 18-19 Internet 29-30, 51 Investments 44, 81-83 Investment-oriented life insurance prod- ucts 63, 64 Investor relations 30 Iraq crisis 36, 38, 60 Ireland 54 Italy 37, 51-52, 67 Canada 36 Capital increase 5, 22, 27, 31, 42, 45 Capital markets 37, 38 Capital market (internal) 23 Carbon Disclosure Project 98 Casualty insurance 36-37, 47-61, 95, 96 Central and Eastern Europe 48, 54-55, 71, 95 Changes in tax law 2, 6, 43, 63, 65, 66 Chile 58, 74 China 36, 57, 80, 95, 97 Code of Conduct 98 Columbia 58, 74 Combined ratio 36-37, 42, 96 Convertible MILES bond 32 Corporate citizenship 97-98 Corporate culture 3 Corporate governance 6, 10-13 Corporate retirement provision plans 65 Cost savings 2 Credit insurance 59 Crédit Lyonnais 50, 68 Croatia 54 Currencies 39 Czech Republic 54, 55 EVA$^{® }$is a registered Trademark of Stern Steward & Co.