Allianz SE (DB:ALV) is seeking acquisitions. Oliver Baete, Chief Executive Officer of Allianz, said, "It is interested in takeovers, including in the United States, where the German insurer would look for big companies. Only a big takeover would help us. Buying smaller companies does not make sense for us. We would have to look at who would be a good match for us, who has a clean balance sheet, and is affordable." Baete said Allianz was not just looking at the U.S., but also in Europe, where the focus was on property insurance, investment management and credit insurance.