Allianz Malaysia takes pride in being part of the notable Allianz Group which was founded in 1890 in Germany. With approximately 142,000 employees worldwide, the Allianz Group serves more than 78 million customers in about 70 countries.
Allianz officially stepped foot in Malaysia in 2001 when it became the controlling shareholder of Allianz General Insurance Malaysia Berhad (“AGIM”). In 2007, the general insurance business of AGIM was transferred to its wholly-owned subsidiary, AGIC. Following the completion of the transfer of general insurance business, AGIM changed its name to AMB and became an investment holding company, with a general insurance (AGIC) and life insurance (ALIM) subsidiary.