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Corporate News

Allianz Malaysia's FY23 net profit rises to RM730.9mil

KUALA LUMPUR: Allianz Malaysia Bhd's net profit for the financial year ended Dec 31, 2023 (FY2023) rose to RM730.90 million against RM613.67 million in FY2022.

Revenue improved by 11.8 per cent to RM4.94 billion versus RM4.41 billion previously, mainly due to higher insurance revenue from both general and life insurance segments, it said in a filing with Bursa Malaysia today.

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