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View all search resultsAllianz, one of the biggest insurance companies in the region, launched the newly established PT Asuransi Allianz Life Syariah Indonesia, as evidence of their commitment to providing services adhering to the values of Sharia goodness and to further penetrate the Indonesian market.
The Jakarta Post’s Riska Rahman and Prima Wirayani talked with Allianz Indonesia country manager and CEO Joos Louwerier via Zoom in late July to discuss how the pandemic has affected the insurance industry.
The Indonesian people’s interest to be insured has risen amid the uncertainties on health and personal finance brought by the pandemic, yet insurance penetration is still low in the Southeast Asian biggest economy, financial planner and insurers have said.
Insurance company PT Asuransi Allianz Life Indonesia plans to file a lawsuit against lawyer Alvin Lim, who represented two of the company’s clients, for allegedly making discredited statements to the media.
Life insurer Allianz Life Indonesia will comply with regulations stating that foreign ownership of insurance companies should be no more than 80 percent. Allianz group currently owns 99.7 percent of the company’s shares.
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