Monday, May 31, 2010

Allianz Malaysia Berhad : Strong Premium Growth For 1QFY12/10 - 31/5/2010

Strong premium growth for both general and life. For 1QFY12/10, Allianz posted strong yoy growth of 29.0% and 35.6% in gross premiums for its general and life businesses respectively. For its general business, gross premiums grew to RM361.7m from RM280.4m in 1QFY12/09. Its general insurance agency force contributed 53% of gross written premiums, while for its life business, premium growth was driven by increased agency manpower, which contributed 86.9% of annualised new premiums (ANP).

Allianz Malaysia Berhad : Strong Premium Growth For 1QFY12/10 - 31/5/2010

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