Our Presence in Asia

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Allianz SE Singapore Branch

12 Marina View
#14-01 Asia Square Tower 2
Singapore 018961

Phone +65 6 297 8802

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Company Profile

Allianz SE Asia Pacific - press-allianz-asia

With over 32,000 employees across Asia, Allianz Asia Pacific serves 18 million customers in more than 14 markets.

Allianz has been present in the region since 1910, providing fire and marine insurance in the coastal cities of China.

With a wide footprint in Asia and a deep focus on digitalization, Allianz in Asia is on an ambitious growth path to emerge as a significant contributor to the Allianz group.

Our Journey so far

Allianz’s story in Asia began more than a hundred years ago. Today, Allianz serves the needs of over 18 million customers, across multiple distribution channels in the region. Some of the highlights on our journey so far …

Allianz SE Asia Pacific - Timeline-1951

1951 Allianz Ayudhya is established in Thailand.

1981 Allianz enters the Asian market with an affiliate in Jakarta and the founding of the subsidiary, Allianz Insurance Pte. Ltd., in Singapore.

1989 Allianz sets up a P & C company in Indonesia.

1991 Allianz becomes the first European insurer to open a legally autonomous property insurance subsidiary, Allianz Fire and Marine Insurance Japan Ltd., in Tokyo.

1995 Allianz Life Insurance in Taiwan is founded.

Allianz SE Asia Pacific - 1996

1996

  • Allianz sets up a Life and Health Insurance company in Indonesia.
  • Opening of the regional office of Allianz Asia Pacific in Singapore headed by Michael Diekmann.

1997 Allianz commenced operations in China, which was a historic moment for Allianz, as it was the first foreign life insurance company allowed to work in China since 1949.

Allianz SE Asia Pacific - Timeline-2013

2001

  • Allianz establishes a JV in India offering life and non-life insurance products.
  • Allianz officially commences operations in Malaysia as it becomes the controlling shareholder of Allianz General Insurance Malaysia Berhad (AGIM).

2012 Allianz signs an exclusive long-term pan-Asian bancassurance partnership with HSBC.

2013 All 12 Allianz entities move into new premises at Asia Square Tower 2 in Singapore.

Allianz SE Asia Pacific - Timeline-2014

 

2014 George Sartorel is appointed as Regional CEO, Allianz Asia-Pacific

2015 Allianz along with the leading search giant, Baidu and investor, Hillhouse Capital form a JV to launch a nationwide fully digital insurance company in China.

Allianz SE Asia Pacific - Timeline-2016b

2015 Allianz enters the Philippines with an acquisition of 51% in PNB Life Insurance and an exclusive 15-year bancassurance partnership with Philippine National Bank (PNB).

2016 Launch of Allianz Asia Lab, its first dedicated advanced data analytics and innovation hub in Asia to build the next business model for insurance.