FRANKFURT: Allianz AG said its Indonesian unit is launching syariah-compliant insurance products, responding to “growing requests” from its customers and banking partners.
The insurer said customers could now buy life insurance, fire and motor vehicle policies that would be syariah-compliant.
Allianz's share of the Indonesian market is below 3%. The company said it predicted that the booming syariah market would help improve this penetration. Syariah banking in Indonesia grew by 88.6% in 2005. –
Source:
AFX-Asia
Tuesday February 7, 2006
PowerPR alert on Indonesia
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Indonesia News
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Indonesia Business News
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Indonesia Economy
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- Indonesia finance minister denies resignation rumours amid stocks plunge - Reuters - 3/18/2025 -
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- Market Crash: Indonesian stocks plunge the most since 2011 as growth worries mount - CNBCTV18 - 3/18/2025 -
Indonesia Group of Company
Indonesia Finance
Indonesia Banking - News
Indonesia Investment - News
Indonesia Capital Market - News
Indonesia State-Owned Company - News
Indonesia Mining
Indonesia Energy - News
Indonesia Airlines - News
Indonesia Infrastructure - News
Indonesia Shipping and Cargo - News
Indonesia AgriBusiness
Indonesia Entrepreneurship
Indonesia Corporation
Reuters: Business News
Strategic Indonesia
Indonesia Law Enforcement
Indonesia Corruption - News
Indonesia Money Laundering Update
Indonesia Reform Update
Indonesia Religion Issues
Indonesia Security Issues
Indonesia Politics Issues
Indonesia Election 2009 Issues
Indonesia Education Update
Tuesday, February 07, 2006
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