Allianz Malaysia Bhd operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Allianz Malaysia Bhd with three other
insurance companies in Asia:
Oceanwide Holdings Co Ltd
sales of 13.00 billion Chinese Renmimbi [US$2.04 billion]
of which 94%
was Finance Industry-total),
ICICI Lombard General Insurance Company Ltd
(114.39 billion Indian Rupees [US$1.57 billion]
of which 53%
was Motor), and
SBI Insurance Group Co Ltd
based in JAPAN
(68.54 billion Japanese Yen [US$625.08 million]
of which 42%
was Property / casualty insurance business).
During the first
quarter of 2021, sales at Allianz Malaysia Bhd totalled
1.57 billion Malaysian Ringgits.
an increase of 16.9%
from the 1.34 billion Malaysian Ringgits in sales at the company during the first quarter of 2020.
This was the largest same quarter increase in sales since the fourth
quarter of 2014.
During the previous 29 quarters, sales at Allianz Malaysia Bhd have increased compared with the same quarter in the previous year.
Allianz Malaysia Bhd reported sales of 5.65 billion Malaysian Ringgits (US$1.37 billion)
December of 2020.
increase of 7.9%
versus 2019, when the company's sales were 5.23 billion Malaysian Ringgits.
Sales at Allianz Malaysia Bhd have increased during each of the previous five years
(and since 2015, sales have increased a total of 39%).
Sales of Life Insurance saw an increase
7.9% in 2020, from
3.21 billion Malaysian Ringgits to 3.46 billion Malaysian Ringgits.
Not all segments of Allianz Malaysia Bhd experienced an increase in sales in 2020:
sales of Investment Holdings fell 16.5% to 11.94 million Malaysian Ringgits.
(However, this segment's sales were only a very small portion of the company's overall sales).