Allianz Indonesia and Allianz Global Investors Indonesia to Strengthen Investment Management Solutions for Customers
Jakarta, 27.01.2026 | 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 Investment-Linked Insurance Products (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 & President Director 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 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 (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.


(Left to right): Aliyahdin (Adi) Saugi, President Director and Head of Indonesia at AllianzGI Indonesia; Alexander Grenz, Country Manager & President Director of Allianz Life Indonesia, and Elmie A. Najas, President Director of Allianz Life Syariah Indonesia, during the signing ceremony of the Investment Management Agreement between AllianzGI Indonesia, Allianz Life, and Allianz Syariah, aimed at strengthening investment management solutions for customers.


Allianz Life, Allianz Syariah, and Allianz Global Investors unite in the signing of the Investment Management Agreement to deliver enhanced investment solutions that empower customers to secure their future with confidence
For further information, please contact:
Wahyuni Murtiani
Head of Corporate Communications
Allianz Indonesia
HP 0819 819 140
Email: wahyuni.murtiani@allianz.co.id
Angie Tang
Head of Corporate Communications
Asia Pacific
Allianz Global Investors
P +852 2238 8588
Email: angie.tang@allianzgi.com
About Allianz in Indonesia
Allianz started its operations in Indonesia with a representative office in 1981. In 1989, Allianz established PT Asuransi Allianz Utama Indonesia, a general insurance company. Furthermore, Allianz entered the Indonesian life and health insurance market, as well as pension fund by opening PT Asuransi Allianz Life Indonesia in 1996. In 2006, Allianz Utama and Allianz Life started sharia insurance business. In 2023, PT Asuransi Allianz Life Syariah Indonesia officially operates as a separate entity that provides sharia-based insurance and financial risk solutions.
Supported by a network of more than 50,000 sales professionals as well as bank partners and other distribution channels.
About Allianz in Asia
Asia is one of the core growth regions for Allianz, characterized by a rich diversity of cultures, languages and customs. Allianz has been present in the region since 1910, when it first provided fire and marine insurance in the coastal cities of China. Today, Allianz is active in 14 markets in the region, offering its core businesses of property and casualty insurance, life, protection and health solutions, as well as asset management. With its more than 32,000 staff, Allianz serves the needs of over 18 million customers in the region across multiple distribution channels and digital platforms.
About Allianz Group
The Allianz Group is one of the world's leading insurers and asset managers with around 128 million private and corporate customers in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 776 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.9 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2024, over 156,000 employees achieved total business volume of 179,8 billion euros and an operating profit of 16 billion euros for the group.
About Allianz Global Investors
Allianz Global Investors is a leading active asset manager, managing EUR 580 billion in assets for individuals, families and institutions worldwide. Our goal is to actively shape the future of investing for all our clients, wherever their location and whatever their objectives.
Data as at 30 September 2025. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Global Investors companies are responsible vis-à-vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor (these include Allianz Global Investors assets which are now sub-advised by Voya IM since 25 July 2022). This excludes assets for which Allianz Global Investors companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group.