LIFE insurer Allianz PNB Life Insurance Inc. reported a double-digit increase in its net income amounting to P838.4 million in the third quarter of 2024.
As of the third quarter, Allianz Asia Pacific recorded a 161 percent surge in total business volume to EUR 6.5 billion and a 3 percent increase in total operating profit worth EUR 584 million, driven by the growth in life/health and property-casualty segments. “Our nine-month results reflect Allianz Asia Pacific’s unwavering commitment to making insurance more accessible across all segments of society,” Allianz Asia Pacific Regional CEO Anusha Thavarajah said.
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