Allianz Life Indonesia received the “The Best Syariah 2011 for life insurance of the sharia unit” award in the category assets over 100 billion rupiah from the Investor Magazine. The award was received by Kiswati Soeryoko, the Syariah Director of Allianz Life Indonesia, at the Best Syariah 2011 Ceremony in Jakarta (03/08).
Allianz Life secured its position in the first place for the life insurance performance rating with Sharia based principle. The rating list reflected a strong financial performance of Allianz Life Indonesia Syariah, which was proven by achieving the highest point (A) for the tabarru fund underwriting surplus growth, net premium income share in 2010, and ratio between net premium to average asset.
About Investor Magazine
The Investor Magazine is one of the leading business magazines, specializing in investment news. This magazine holds the ratings of syariah institutions and instruments in order to boost the growth of syariah business and raise the awareness of the society towards syariah. The judges focused on the company’s financial performance during the assessment.