Allianz is continuing its path of growth in China. Allianz China Life's multi-distribution strategy now includes Group Sales for corporate clients; and a new range of health insurance products and services for this segment.
After an 18-month pilot, microinsurance products are now an established product line of Allianz in Indonesia. New features, such as policies compliant with Islamic law and co-insurance for spouses, as well as a new distribution concept make the products more flexible and accessible for customers.
Allianz Life in Korea has received external, as well as internal recognition from within the Allianz Group, regarding the company's product innovation.
The new Allianz China Life branch in Nanjing, Jiangsu Province, is now officially opened. Nanjing also hosts the "Germany Esplanade" under the patronage of both heads of state, Horst Köhler and Hu Jintao, with Allianz as an official partner.
The Mexican government has opened the market for retirement provision. Allianz Mexico is offering a new product for the growing number of Mexicans who will need to finance their retirement.