Allianz PNB Life was recently named Life Insurer of the Year by one of Asia’s most prestigious award-giving bodies, the InsuranceAsia News (IAN) Awards for Excellence 2022.
The United Nations (UN) Sustainable Development Goals (SDGs) are a set of 17 global goals that were adopted by the organization’s member states in 2015 as a framework for promoting sustainable development. The SDGs aim to end poverty, protect the planet, and ensure that all people have the opportuni
Allianz doubled down on its commitment to its sustainability with more initiatives this 2022. Allianz Protect comes with a Sustainability Protection Rider which makes a yearly contribution to the World Wide Fund for Nature’s (WWF) Foodshed Farming Enterprise Project.
Published May 10, 2021, 6:00 AM
Allianz PNB Life, the insurance unit of one of the country’s major commercial banks PNB, is confident it can sustain its growth this year after defying the economic downturn in 2020 with a dramatic 27.5 percent increase in new business annual premium equivalent (NBAPE).
Allianz PNB Life CEO Alexander Grenz said its strong performance, the highest since the start of its joint venture with PNB in 2016, makes them optimistic this year.
“The caution is that the recent spike in COVID cases is alarming and necessitated a return to more stringent restrictions in March. The roll-out of the vaccine in the Philippines is also progressing slowly in contrast to regional neighbors like Malaysia, Thailand, and Indonesia,” said Grenz in an email interview.