According to ratings agency A.M.Best, Allianz SE, the Asia-Pacific subsidiary of Allianz Insurance of Germany intends to expand its reach across South East Asia in 2012. Currently operating in Indonesia, Allianz SE offers unit-linked and individual health Takaful products in the country.
Conventional insurers are at present allowed to sell Takaful products in Indonesia, but companies can only offer either family or general Takaful policies. For general Takaful, Allianz Utama Indonesia provides car and house protection for individuals and property and business interruption coverage to SMEs. Capital requirements for Takaful companies in Indonesia are lower than for conventional insurers………………………………………..Full Article: Source