KUALA LUMPUR (Nov 23): Allianz Malaysia Bhd rose 3.33% this morning after the group reported that its net profit jumped 47.9% to RM99.88 million in the third quarter ended Sept 30, 2018 (3QFY18) from RM67.53 million a year ago, thanks to contributions from the general insurance and life insurance segments.

At 9.16am, Allianz rose 40 sen to RM12.40 with 12,600 shares traded.

Quarterly operating revenue rose 9.5% to RM1.3 billion from RM1.19 billion in 3QFY17, on higher gross earned premiums and investment income.

For the cumulative nine months (9MFY18), the group's net profit increased 37.7% to RM276.98 million from RM201.18 million a year ago, while operating revenue grew 8% to RM3.88 billion from RM3.59 billion in 9MFY17.