Allianz commits 6 million euros to earthquake relief and recovery

14 February 2023 —

Allianz Group announced that it would make available six million euros to support relief and recovery efforts following the earthquakes in Türkiye and Syria, including up to one million euros to match the donations of its employees and tied agents. 

“Allianz’s decisive commitment of six million euros is an expression of our solidarity with our colleagues and customers, as well as with their loved ones, who have been affected by the earthquakes in the region. These resources are also an expression of our unwavering confidence in the ability of societies and individuals to rebuild and thrive in the wake of natural disasters. The people of Allianz, everywhere in the world, are at the ready to play our part in supporting those efforts”, said Oliver Bate, CEO and Chairman of the Board of Management of Allianz SE.

One million euros has already been mobilized via a collaboration of Allianz Türkiye, Allianz Partners and Allianz Trade in Türkiye to support a special local fund providing immediate relief to people directly affected by the crisis. The scope of the first wave of support ranges from search and rescue to housing, relocation, and provision of other necessary supplies. Of this amount, 500,000 euros have already been deployed. 

Allianz will also match employee donations of up to one million euros, with an internal donation campaign already underway.  The company has more than 2,000 employees based in Türkiye. Allianz’s Employee Assistance Program – available to all colleagues globally 24 hours a day – has been actively supporting Allianz colleagues in the wake of the disaster.