Allianz Expands its Worldwide Olympic & Paralympic Partnership Until 2032

Allianz has expanded its Worldwide Olympic & Paralympic Partnership until 2032.

Takeaway Points

• Allianz announces that it has expanded its Worldwide Olympic & Paralympic Partnership until 2032.
• The 2030 and 2032 Games will occur in two of Allianz’s core markets.
• The International Paralympic Committee (IPC) is the global governing body of the Paralympic Movement and is based in Bonn, Germany.

Extra Four years partnership.

Allianz and the International Olympic Committee (IOC) announced on Wednesday that they will be extending their Worldwide Olympic & Paralympic Partnership (TOP Partnership) for four more years until 2032. 

Allianz CEO Oliver Bäte commented, “The Olympic and Paralympic Games Paris 2024 inspired the world as well as our employees, customers and business partners, elevating and uniting people through sport. We also saw very positive benefits for our business and the Allianz brand. We are therefore delighted – particularly against the backdrop of an increasingly divided world – to extend this successful partnership through 2032 and continue our support for the unifying spirit of the Olympic and Paralympic Movements.” 

IOC President Thomas Bach said, “We are delighted that following the success of the Olympic Games Paris 2024, we will extend our partnership with Allianz for another four years. Allianz is a world leader in its industry and believes in the Olympic vision of building a better world through sport, and supports our commitment to athletes around the world. Now more than ever the world needs the power of sports to unite people. The IOC and Allianz share this vision and this is why we consider our partnership more important than ever.”

The Partnership

According to the report, Allianz, as the official worldwide insurance partner, will support the Olympic and Paralympic Movements for an extra Games cycle, which includes the Olympic and Paralympic Winter Games in the French Alps in 2030 and the Olympic and Paralympic Games Brisbane 2032 (Australia), uniting athletes and billions of fans in peaceful competition in the company’s 70 markets around the world. 

The 2030 and 2032 Games will occur in two of Allianz’s core markets, France and Australia, which contributed more than 10 percent of the operating profit of Allianz in 2024, the firm said.

About Allianz

The Allianz Group is one of the world’s leading insurers and asset managers with around 128 million private and corporate customers in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life, and health insurance to assistance services, credit insurance, and global business insurance.

Allianz is one of the world’s largest investors, managing around 776 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.9 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2024, over 156,000 employees achieved a total business volume of 179.8 billion euros and an operating profit of 16.0 billion euros for the group.

About the International Olympic Committee (IOC)

The International Olympic Committee is a not-for-profit, civil, non-governmental, international organization made up of volunteers that is committed to building a better world through sport. It redistributes more than 90 percent of its income to the wider sporting movement, which means that every day the equivalent of USD 4.2 million goes to help athletes and sports organizations at all levels around the world.

About the International Paralympic Committee (IPC)

The International Paralympic Committee (IPC) is the global governing body of the Paralympic Movement and is based in Bonn, Germany. Founded in 1989 as an international non-profit organization, we aim to be athlete-centered and membership-focused in all our endeavors.

The IPC’s vision is to make for an inclusive world through Para sport, while our mission is to lead the Paralympic Movement, oversee the delivery of the Paralympic Games, and support members to enable para athletes to achieve sporting excellence.