Allianz Indonesia and Allianz Global Investors Indonesia to Strengthen Investment Management Solutions for Customers

•  
• As part of its commitment to continuously provide integrated financial solutions and enhance services for customers, Allianz Indonesia has entered into an agreement with PT Allianz Global Investors Asset Management Indonesia (“AllianzGI Indonesia”) for the management of several investment portfolios of Allianz Indonesia.
•  
• Allianz Indonesia, namely PT Asuransi Allianz Life Indonesia (“Allianz Life”) and PT Asuransi Allianz Life Syariah Indonesia (“Allianz Syariah”), has appointed AllianzGI Indonesia as the Investment Manager to manage certain investment portfolios, including investment portfolios in several Investment-Linked Insurance Products (PAYDI) funds which are distributed through agency and bancassurance channels.
•  
• Through this collaboration, Allianz Indonesia will be able to leverage AllianzGI Indonesia’s global investment platform, research capabilities, and risk management framework, thereby enhancing the management of Allianz Indonesia’s investment portfolios. In addition, AllianzGI Indonesia’s global and regional investment insights and product distribution network can further improve customer service by providing solutions tailored to customers’ needs.
•  
• “This collaboration reflects our commitment to continuously strengthening the financial solutions Allianz Indonesia provides to the Indonesian public — from life, health, general, to sharia insurance, as well as Investment-Linked Insurance Products (PAYDI). By combining the global and regional expertise of Allianz Indonesia and Allianz Global Investors Indonesia, we aim to enhance our ability to deliver comprehensive protection and PAYDI solutions that support financial planning and secure the future of Indonesian people,” said Alexander Grenz, Country Manager & President Director Allianz Life Indonesia.
•  
• “We believe this collaboration with Allianz Global Investors Indonesia will deliver many benefits to Allianz Syariah customers. With Allianz Global Investors Indonesia’s support, customers can rely on stronger and trustworthy investment management. This initiative also aligns with one of the Maqasid Sharia principles, the Protection of Wealth, ensuring customers feel secure as they prepare for their families’ future plans,” explained Elmie A. Najas, President Director Allianz Life Syariah Indonesia.
•  
•  
• AllianzGI Indonesia has been operating since 2022 and is part of Allianz Global Investors, a leading active asset manager with more than 700 investment professionals across 21 offices worldwide, managing assets totaling EUR 580 billion (as of 30 September 2025).
•  
• Allianz Global Investors is committed to active asset management. Its focus is on protecting and growing clients’ assets, while striving to actively shape the future of investing and aiming to create impact beyond investment returns.
•  
• “We are delighted to be working even more closely with Allianz Indonesia, demonstrating our shared commitment to enhancing financial solutions for the Indonesian public. This collaboration highlights the strong synergy between Allianz Global Investors and Allianz. By combining our global investment expertise with Allianz Indonesia’s local insights, we are set on offering customised and resilient investment solutions for the Indonesian market. We are excited for the mutual growth and success ahead, while making a positive impact in the financial landscape of Indonesia,” said Aliyahdin (Adi) Saugi, President Director and Head of Indonesia at AllianzGI Indonesia.
•  

About Allianz in Indonesia  

Allianz started its operations in Indonesia with a representative office in 1981. In 1989, Allianz established  PT Asuransi Allianz Utama Indonesia, a general insurance company. Furthermore, Allianz entered the Indonesian life and health insurance market, as well as pension fund by opening PT Asuransi Allianz Life Indonesia in 1996.  In 2006, Allianz Utama and Allianz Life started sharia insurance business. In 2023, PT Asuransi Allianz Life Syariah Indonesia officially operates as a separate entity that provides sharia-based insurance and financial risk solutions.  

Supported by a network of more than 50,000 sales professionals as well as bank partners and other distribution channels.  

About Allianz in Asia               

Asia is one of the core growth regions for Allianz, characterized by a rich diversity of cultures, languages and customs. Allianz has been present in the region since 1910, when it first provided fire and marine insurance in the coastal cities of China. Today, Allianz is active in 14 markets in the region, offering its core businesses of property and casualty insurance, life, protection and health solutions, as well as asset management. With its more than 32,000 staff, Allianz serves the needs of over 18 million customers in the region across multiple distribution channels and digital platforms. 

About Allianz Group                 

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 to 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 total business volume of 179,8 billion euros and an operating profit of 16 billion euros for the group. 

About Allianz Global Investors 

Allianz Global Investors is a leading active asset manager, managing EUR 580 billion in assets for individuals, families and institutions worldwide. Our goal is to actively shape the future of investing for all our clients, wherever their location and whatever their objectives. 

Data as at 30 September 2025. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Global Investors companies are responsible vis-à-vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor (these include Allianz Global Investors assets which are now sub-advised by Voya IM since 25 July 2022). This excludes assets for which Allianz Global Investors companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group.

_{Disclaimer : Unless otherwise stated, all data, views and opinion are as of 27 January 2026.} 

_{Investing involves risk. The value of an investment and the income from it will fluctuate and investors may not get back the principal invested. Past performance is not indicative of future performance. This is a communication for informational purposes only. This document does not constitute investment advice or a recommendation to buy, sell or hold any security and shall not be deemed an offer to sell or a solicitation of an offer to buy any security.} 

_{The views and opinions expressed herein, which are subject to change without notice, are those of the issuer or its affiliated companies at the time of publication. Certain data used are derived from various sources believed to be reliable, but the accuracy or completeness of the data is not guaranteed and no liability is assumed for any direct or consequential losses arising from their use.} 

_{Investing in fixed income instruments (if applicable) may expose investors to various risks, including but not limited to creditworthiness, interest rate, liquidity and restricted flexibility risks. Changes to the economic environment and market conditions may affect these risks, resulting in an adverse effect to the value of the investment. During periods of rising nominal interest rates, the values of fixed income instruments (including short positions with respect to fixed income instruments) are generally expected to decline. Conversely, during periods of declining interest rates, the values are generally expected to rise. Liquidity risk may possibly delay or prevent account withdrawals or redemptions.} 

_{This material has not been reviewed by the Hong Kong Securities and Futures Commission.  Issuer of this material: Allianz Global Investors Asia Pacific Limited.     5156600}