About Al­lianz in Malaysia

Insurance - - INDUSTRY UPDATES -

The in­vest­ment hold­ing com­pany, Al­lianz Malaysia Ber­had, a sub­sidiary of Al­lianz SE, has two in­sur­ance sub­sidiaries - Al­lianz Gen­eral In­sur­ance Com­pany (Malaysia) Ber­had (“Al­lianz Gen­eral”) and Al­lianz Life In­sur­ance Malaysia Ber­had (“Al­lianz Life”). Al­lianz Gen­eral is one of the lead­ing gen­eral in­sur­ers in Malaysia and has a broad spec­trum of ser­vices in per­sonal lines; small to medium en­ter­prise busi­ness and large in­dus­trial risks. Al­lianz Gen­eral also lever­ages on the ban­cas­sur­ance agree­ment with CIMB Bank to reach out to the bank's over-a-mil­lion-cus­tomer base. The GWP for gen­eral in­sur­ance busi­ness for fi­nan­cial year 2013 reached a mark of RM1.98 bil­lion. Al­lianz Life of­fers a com­pre­hen­sive range of life and health in­sur­ance and in­vest­ment-linked prod­ucts and for the fi­nan­cial year 2013, Al­lianz Life recorded a gross writ­ten pre­mium (“GWP”) of RM1.60 bil­lion and is one of the fastest grow­ing life in­sur­ers in Malaysia.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.