Read about the latest developments at Allianz Asia from around the region.
Apr 26, 2018
Asia Powers 76% of Growth in Global Insurance Markets
According to projections by Allianz Research, the global insurance premium volume last year rose to a new record sum of 3.66 trillion euros (excluding health insurance). Compared to 2016, the nominal increase adjusted for exchange rate effects is 3.7%.
Allianz X Invests US$35 Million in Leading Southeast Asian Mobile Platform GO-JEK
Allianz X, the digital investment unit of the Allianz Group, announced today a US$35 million investment in GO-JEK, the leading Indonesian ride hailing platform that also offers various consumer on-demand and payment services.
Solmaz Altin to become Board Member of Allianz Asia in June 2018, and to take over as Regional CEO in 2019
Solmaz Altin, currently the Chief Digital Officer of Allianz, will join the Allianz Asia Executive Board from June 1, 2018 and will succeed George Sartorel as Regional CEO effective May 1, 2019. Solmaz Altin will work closely with him over the course of 2018 to ensure a smooth transition.
Allianz Receives Regulatory Approval to Sell Part of its Life Insurance Portfolio in Taiwan to China Life Insurance Co.
Allianz today announces it has received regulatory approval for the earlier announced transaction to sell part of its traditional life insurance portfolio to China Life Insurance Company. The transaction is expected to close on 18th May 2018.