Allianz Malaysia aims to expand non-motor insurance segment to 35pct by 2020

Allianz Malaysia Bhd is diversifying its general insurance portfolio to non-motor protection coverage segments in its bid to remain sustainable and relevant in the long-term. Chief executive officer Zakri Khir said the move allows its general insurance subsidiary, Allianz General Insurance Company (Malaysia) Bhd (Allianz General), to extract higher margins from various insurance products including…
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