2025 SFCR Report
The Allianz classic life insurance, excl. flexible premium, portfolio was acquired on 1 April 2021. The majority, i.e. branch 21 products, consists of simple product offerings composed mostly of endowment policies, with and without protection riders... portfolios. The focus includes two principal areas, namely: ▪ Acquisition of portfolios or insurers, primarily those in run-off and targeting mainly annuity, guaranteed savings or linked products; and ▪ Reinsurance of long-dated, asset intensive liabilities