Allianz Building, formerly the TM Asia Life Building, is a 7-storey building at the junction of Beach Street and China Street. It is located on the southern corner between China Street and Beach Street. Facing it across China Street is the RHB Bank Building, while across Beach Street is CIMB Bank, occupying the Ban Hin Lee Bank Building.
The Allianz Building today houses the Penang branch of Allianz General Insurance Company, the Malaysian operation of Munich-based Allianz SE, the largest insurance company in the world. The building formerly housed the main Penang office of the Tokio Marine Asia Life, part of the Tokio Marine Holdings, Inc., a multinational insurance company with its headquarters in Tokyo, Japan. Originally founded in 1879 as Tokio Marine Insurance, it is the largest property/casualty insurance group in Japan.
The Allianz Building when it was TM Asia Life Building (4 January 2009)
The nearest bus stop is along Beach Street. It is served by the free Rapid Penang bus CAT.
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