Allianz Malaysia lifts life profit 12.1% YoY with $61.1m in H1 2025

Group insurance revenue for the second quarter (Q2 2025) rose 10.9% YoY.

Allianz Malaysia Berhad posted higher profit before tax (PBT) in the first half of 2025 (H1 2025), with Allianz General reporting $74.6m (RM314m), up 26.4% year-on-year (YoY), and Allianz Life recording $61.1m (RM257.1m), a 12.1% YoY increase.

Group insurance revenue for the second quarter (Q2 2025) rose 10.9% YoY to $361.9m (RM1.52b) from $325.5m (RM1.37b) a year earlier.

Year-to-date, insurance revenue reached $724.2m (RM3.05b), up 12.6% YoY, whilst gross written premiums grew to $928.4m (RM3.91b) from $857.1m (RM3.61b).

Total assets stood at $7.0b (RM29.47b) as of 30 June, compared with $6.8b (RM28.49b) at end-2024.

Allianz General’s insurance revenue climbed 13.6% YoY to $210.4m (RM886m) in Q2 2025, with growth driven by Motor and Fire lines.

Its combined ratio improved to 86.9% from 88.4%, and market share rose to 15.1%.

Allianz Life delivered Q2 2025 insurance revenue of $150.6m (RM634.2m), up 7.3% YoY, with gross written premiums of $484.3m (RM2.04b) for H1 2025.

Its market share stood at 12.1%, maintaining the number four position in the industry.

($1.00 = RM4.21)