Sat, 27 Mar 1999

Allianz opens Medan office

JAKARTA (JP): PT Allianz Life Indonesia and PT Allianz Utama Indonesia plan to open a joint office in Medan, North Sumatra, on Saturday.

Allianz Life marketing director Jens Reisch said in a statement: "The opening of this new office demonstrates our confidence and long-term commitment to Indonesia's economic development now and in the future."

Allianz Utama president Manfred Wittau said the Medan office would provide a wide range of insurance services, from life insurance to car insurance.

Both companies are insurance joint venture subsidiaries of the German-based Allianz Group. (rid)