Allianz Indonesia taps Allianz Global Investors to strengthen investment management

Allianz Indonesia appoints Allianz Global Investors Indonesia to manage key portfolios, reflecting global insurers’ push to integrate international asset-management expertise into local investment-linked products.

As part of its commitment to continuously provide integrated financial solutions and enhance services for customers, Allianz Indonesia has entered into an agreement with PT Allianz Global Investors Asset Management Indonesia (AllianzGI Indonesia) for the management of several investment portfolios of Allianz Indonesia.

Allianz Indonesia, namely PT Asuransi Allianz Life Indonesia (Allianz Life) and PT Asuransi Allianz Life Syariah Indonesia (Allianz Syariah), has appointed AllianzGI Indonesia as the investment manager to manage certain investment portfolios, including investment portfolios in several investment-linked insurance products (PAYDI) funds which are distributed through agency and bancassurance channels.

Through this collaboration, Allianz Indonesia will be able to leverage AllianzGI Indonesia’s global investment platform, research capabilities, and risk management framework, thereby enhancing the management of Allianz Indonesia’s investment portfolios. In addition, AllianzGI Indonesia’s global and regional investment insights and product distribution network can further improve customer service by providing solutions tailored to customers’ needs.

“This collaboration reflects our commitment to continuously strengthening the financial solutions Allianz Indonesia provides to the Indonesian public — from life, health, general, to sharia insurance, as well as PAYDI. By combining the global and regional expertise of Allianz Indonesia and Allianz Global Investors Indonesia, we aim to enhance our ability to deliver comprehensive protection and PAYDI solutions that support financial planning and secure the future of Indonesian people,” said Alexander Grenz, country manager and president director of Allianz Life Indonesia.

“We believe this collaboration with Allianz Global Investors Indonesia will deliver many benefits to Allianz Syariah customers. With Allianz Global Investors Indonesia’s support, customers can rely on stronger and trustworthy investment management. This initiative also aligns with one of the Maqasid Sharia principles, the protection of wealth, ensuring customers feel secure as they prepare for their families’ future plans,” explained Elmie A. Najas, president director of Allianz Life Syariah Indonesia.

AllianzGI Indonesia has been operating since 2022 and is part of Allianz Global Investors, a leading active asset manager with more than 700 investment professionals across 21 offices worldwide, managing assets totaling EUR 580 billion ($688.6 billion) as of 30 September 2025.

Allianz Global Investors is committed to active asset management. Its focus is on protecting and growing clients’ assets, while striving to actively shape the future of investing and aiming to create impact beyond investment returns.

“We are delighted to be working even more closely with Allianz Indonesia, demonstrating our shared commitment to enhancing financial solutions for the Indonesian public. This collaboration highlights the strong synergy between Allianz Global Investors and Allianz. By combining our global investment expertise with Allianz Indonesia’s local insights, we are set on offering customised and resilient investment solutions for the Indonesian market. We are excited for the mutual growth and success ahead, while making a positive impact in the financial landscape of Indonesia,” said Aliyahdin (Adi) Saugi, president director and head of Indonesia at AllianzGI Indonesia.

Re-disseminated by Wealth and Society