Indonesia Financial Services Authority had revoked the License of the Sharia Unit PT Asuransi Allianz Life Indonrsia as stipulated in letter number KEP-507/PD.02/2024 on 9 September 2024 concerning Revocation The License Of Sharia Unit PT Asuransi Allianz Life Indonesia.
The Revocation Of the Sharia Unit PT Asuransi Allianz Life Indonesia as a follow-up to the Spin-Off Work Plan by transferring the portfolio of the Sharia unit to PT Asuransi Allianz Life Syariah Indonesia.
With the revocation of the Sharia unit, PT Asuransi Allianz Life Indonesia is prohibited from conducting life insurance activities based on Sharia Principles.
