Allianz Malaysia Sees Lower PAT For Q3 Slipping 6.6%
Allianz Malaysia Sees Lower PAT For Q3 Slipping 6.6%
The life insurance segment recorded a lower profit before tax of RM112.3 million, a decrease of 10.0% or RM12.5 million as compared to a profit before tax of the preceding year quarter ended 30 September 2023 of RM124.8 million due mainly to higher claim experience from investment-linked protection business. Preceding year quarter higher profit before tax was contributed by higher contractual service margin ("CSM") release due to non-financial assumption updates.
For the third quarter ended 30 September 2024, Allianz Malaysia recorded an insurance revenue of RM1.44 billion, an increase of 10.3% or RM134.5 million as compared to the preceding year quarter ended 30 September 2023 of RM1.31 billion which the group said was due mainly to higher insurance revenue from both insurance segments.
截至2024年9月30日的第三季度，安聯馬來西亞錄得保險營業收入爲14.4億令吉，同比增長10.3%，即13450萬令吉，較上年同期的13.1億令吉有所增長，集團表示這主要歸因於兩個保險細分市場的保險營業收入增長。
For the quarter under review, the general insurance segment recorded an insurance revenue of RM826.9 million, an increase of 17.0% or RM120.0 million as compared to the preceding year quarter ended 30 September 2023 of RM706.9 million due mainly to increase in gross earned premiums from motor business. The life insurance segment registered an insurance revenue of RM613.6 million, an increase of 2.4% or RM14.5 million as compared to the preceding year quarter ended 30 September 2023 of RM599.1 million. This increase it noted was mainly attributed to higher insurance revenue from investment-linked
protection and employee benefit business.
在本次審核的季度中，綜合保險細分市場錄得保險營業收入爲82690萬令吉，同比增長17.0%，即12000萬令吉，較上年同期的70690萬令吉有所增長，這主要是由於機動車業務的毛保費增加。人壽保險細分市場錄得保險營業收入爲61360萬令吉，同比增長2.4%，即1450萬令吉，較上年同期的59910萬令吉有所增長。該增長主要是由於來自投資相關的保險營業收入增加。
保護和員工福利業務。
Profit before tax for the quarter was RM245.1 million, which decreased 6.6% or RM17.2 million as compared to the preceding year quarter ended 30 September 2023 of RM262.3 million. The general insurance segment recorded a lower profit before tax of RM139.6 million, a decrease of 1.1% or RM1.6 million as compared to a profit before tax of the preceding year quarter
ended 30 September 2023 of RM141.2 million. The lower profit before tax was mainly contributed by lower investment result for the current quarter under review.
該季度稅前利潤爲24510萬令吉，較上年同期的26230萬令吉減少6.6%，即1720萬令吉。綜合保險細分市場稅前利潤爲13960萬令吉，較上年同期的14120萬令吉減少1.1%，即160萬令吉。稅前利潤下降主要是由於本季度投資結果較低。
截至2023年9月30日的上年同季度稅前利潤爲14120萬令吉。稅前利潤下降主要是由於本季度的投資結果較低。
The life insurance segment recorded a lower profit before tax of RM112.3 million, a decrease of 10.0% or RM12.5 million as compared to a profit before tax of the preceding year quarter ended 30 September 2023 of RM124.8 million due mainly to higher claim experience from investment-linked protection business. Preceding year quarter higher profit before tax was contributed by higher contractual service margin ("CSM") release due to non-financial assumption updates.
人壽保險細分市場錄得稅前利潤爲11230萬令吉，較上年同期的12480萬令吉減少10.0%，即1250萬令吉，主要由於投資相關保護業務的索賠經驗增加。上年同期較高的稅前利潤是由於非財務假設更新帶來的更高合同服務邊際（"CSM"）釋放。
For the quarter under review, the investment holding segment registered a loss before tax of RM6.8 million as compared to a loss before tax of the preceding year quarter ended 30 September 2023 of RM3.7 million due mainly to higher expenses in the current quarter.
在本次審核的季度中，投資控股細分市場錄得稅前虧損爲680萬令吉，較上年同期的370萬令吉有所增加，主要是由於本季度費用增加。
譯文內容由第三人軟體翻譯。
