Allianz Malaysia posts lower 3Q net profit of RM108 56 mil on higher expenses

Table of Content

• Kurnia Fire Insurance
• Go through life without worry – we've got your back!
• MSIG Healthcare International Insurance Medical Card
• Vivy - your partner in the journey to better health
• Selangor MB: Batang Kali-Genting Highlands road to be widened; reopening in January
• Roadside assistance
• QBE Medi Charge Cover Medical Card
• AXA eMedic Plus Medical Card

Following completion of the acquisition, Allianz and Dresdner Bank combined their asset management activities by forming Allianz Global Investors. The reductions comprised 5,000 staff at Allianz insurance operations and 2,480 at Dresdner Bank. In the same month, Allianz announced that its Dresdner Kleinwort Wasserstein investment banking operation would be renamed as simply Dresdner Kleinwort. Allianz AG was founded in Berlin on 5 February 1890 by then-director of the Munich Reinsurance Company Carl von Thieme and Wilhelm von Finck (co-owner of the Merck Finck & Co. Bank).

Even when you are the most cautious driver, you may experience these events unintentionally. During the renewal process, we will check any outstanding summons and blacklist records at both JPJ and PDRM’s website. If the road tax cannot be processed, then we will advise you to make payment for all your outstanding traffic summons.

Kurnia Fire Insurance

AACC is a public service provided by the Malaysian insurance and takaful industry to anyone who is seeking immediate roadside assistance in the event of a road accident. AACC also responds to basic or common enquiries relating to motor insurance policies. The annual limit has a range from as low as RM10,000 to as high as RM2 million in a year.

But if you knew the importance of insurance, you would probably consider getting one suitable according to your budget and financial stability. Insurance provides financial assistance and reduces business and personal life uncertainties. Be part of the Allianz family, the brand which is in over 70 countries and has more than 83 million customers. Depending on your financial capacity at the time of buying an insurance plan, a 'right' annual limit amount should fully cover for the cost of treatment for a health condition that may arise.

Go through life without worry – we've got your back!

Hypothetically speaking, you are committing hundreds of thousands-worth of a bank loan for as long as 35 years to purchase your dream house so that you can settle down with your loved ones. Allianz started its life and Property & Casualty (P&C) operation in Slovakia in 1993. In 2001 Allianz AG bought the majority ownership in then state-owned Slovenská poisťovňa .

Allianz offers a wide range of general, life and health insurance products in Germany through its Allianz Deutschland AG subsidiary. It is the market leader in both the general and life insurance markets. Allianz products are distributed principally through a network of full-time tied agents. Since September 2010 Allianz products have also been sold through Commerzbank branches. Not only are you reassured of reliable 24-hour free unlimited towing distance and roadside assitance, you'll get additional benefits such as free car replacement, compassionate cover and flood cover too. Motor insurance is legally binding protection that vehicle owners must buy to renew their road tax.

MSIG Healthcare International Insurance Medical Card

Aftersales service very responsive and answers questions promptly. We provide the right knowledge and skills for them to manage their own business and be in control of their profit growth. An Allianz General agent has great income potential when it comes to income and job satisfaction, but it does not stop there. Allianz General agents also receive awards for achieving sales milestones and are provided with benefits and compensation as a means of recognition. A low to zero-deductible plan, on the other hand, comes with a higher premium. The bright side is, this plan can save your out-of-pocket money when you make a medical insurance claim in the future.

Besides, you can also seek helps from PIAM Information Centre and Ombudsman for Financial Services if your claim has been unfairly denied again. Take this time to also review thoroughly your claim form and other documents before proceeding to submit them. A cashless policy is where the insurer will pay for the bills directly to the hospital on behalf of the Insured Person. If you own Medical Card B, you have the flexibility to claim any amount in a year. Your lifetime limit will be deducted accordingly and gradually decreasing over years. If you own Medical Card A, you will benefit from having a 10 years’ worth of coverage with a lifetime limit of RM1 million .

Vivy - your partner in the journey to better health

Markets entered by 1914 included the Netherlands, Italy, Belgium, France, the Scandinavian countries and the Baltic States, and Allianz had become the largest maritime insurer in Germany. The company suffered an early disaster in expansion, when the 1906 San Francisco earthquake caused the company to sustain 300,000 marks in losses. In 1905 the company acquired "Fides Insurance Company", a firm that had innovated the first form of home invasion insurance. Other places it would expand into during the 1910s and 1920s included Palestine, Cyprus, Iraq, China, the Dutch Indies , Ceylon , and Siam . Public Liability insurance is considered essential in businesses which involve regular interactions between the members of the public and the company such as retail businesses, restaurants, clinics and many more.

There are also medical cards without annual limit, giving you the flexibility to claim any amount up to the lifetime limit. A medical card is an insurance plan that help mitigate the risk of financial loss when someone falls sick. “The increase in gross earned premiums of the general insurance segment was attributable to higher premiums from motor and personal accident business. The increase in gross earned premiums of the life insurance segment was mainly contributed by higher premiums from agency and employee benefits channels,” it said. We offer an assortment of travel insurance plans for a variety of travel needs. Our products and plans are tailored to fit your needs based on your country of residence.

Expansion of the company then slowed until 1938 at which point it employed more than 24,000 people. Christian Stadler wrote of the history of Allianz that it "shows how important it is to diversify into related areas to hedge against the risk of fundamental changes in markets and economies". In 1900 the company became the first insurer to obtain a license to distribute corporate policies. In 1904 Paul Von Naher took over the sole leadership of the company, as it moved into the US and other markets.

Their Services include life, health, property, accident and credit insurance for businesses and individuals. Allianz Kenya focuses on accelerating the growth of organic business while seeking to differentiate the service offering with quality service. In April 2001, Allianz agreed to acquire the 80 per cent of Dresdner Bank that it did not already own for US$20 billion. As part of the transaction, Allianz agreed to sell its 13.5 per cent stake in HypoVereinsbank to Munich Re, and to acquire Munich Re's 40 per cent stake in Allianz Leben.