KUALA LUMPUR: Allianz Malaysia Bhd
posted a higher net profit of RM234.17 million for the third quarter (3Q) ended Sept 30, 2025, up from RM183.18 million a year earlier.
Revenue increased to RM1.58 billion from RM1.44 billion, the insurer said in a filing with Bursa Malaysia.
The group said insurance revenue rose 10 per cent, or RM143.9 million, to RM1.58 billion in 3Q 2025, driven by higher contributions from both insurance segments.
Its general insurance segment posted insurance revenue of RM911.9 million, up 10.3 per cent, or RM85 million, from RM826.9 million a year earlier, supported mainly by higher gross earned premiums from the motor business.
The life insurance segment recorded insurance revenue of RM672.5 million, an increase of 9.6 per cent, or RM58.9 million, from RM613.6 million a year earlier, reflecting stronger investment-linked protection and employee benefit business.
For the nine-month period, net profit rose to RM661.25 million from RM540.02 million, while revenue increased to RM4.63 billion from RM4.15 billion.
On prospects, Allianz Malaysia said it aims to drive growth through agency expansion, intensifying recruitment, and accelerating digital adoption among agents.
"We focus on underwriting excellence by optimising our product mix and applying technical precision. In addition, we implement disciplined claims management and cost containment measures to address medical inflation,” it said.
In a separate statement, Allianz Malaysia chief executive officer Sean Wang said the company looks forward to ending the year on a strong note, with a focus on smart and sustainable growth, stronger productivity, and enhanced services as a trusted partner in protecting and growing customers’ most valuable assets. - Bernama
