Allianz Seeks to Expand Takaful Effort From Its Indonesia Base
Allianz SE is searching to further develop its takaful, or Islam-compliant insurance, in the Asia-Pacific region, using its experience in Indonesia where it sees substantial market demand for comprehensive and affordable plans.
Kamesh Goyal, regional chief executive of Allianz Insurance Management in the Asia-Pacific, stated the fact that they are watching Malaysia very closely and would be ready to include takaful in their portfolio when the opportunity comes.
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