Allianz Malaysia undeterred in pursuit of good governance in insurance industry

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Allianz Malaysia undeterred in pursuit of good governance in insurance industry
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Its CEO said the general business would continue to prioritise growth, especially in the non-motor business.

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remains undeterred in its pursuit of good governance that was encouraged by principles of transparency, integrity, and accountability for the insurance industry.

"This is to ensure the group continues to offer simple, affordable products that fit the needs of customers in this current environment,” he said in its annual report 2020 filed with Bursa Malaysia today. "The life insurance penetration rate remains at 54 per cent, and the need to be a paradigm shift of the products and services Allianz Life could offer to customers and the community at large to shift the needle,” he said.

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