Insurance Allianz SE (ALV.XE) wants to put more money in equity markets in spite of the German benchmark DAX index at a record of 8700 points, German weekly Welt am Sonntag reports Chief Financial Officer Maximilian Zimmerer saying.

The Munich-based insurer recently increased its position in equities and has 6% of its 500 billion euros in assets under management in stocks, Mr. Zimmerer said. Allianz has only little room left to increase that because of regulations.

Mr. Zimmerer expects bonds to decline because the interest-rate curve is unlikely to remain flat.

Germany's largest insurer by revenue is poised to increase investments in private-equity funds and infrastructure projects like wind parks. "I can well imagine us to boost investments here...to EUR80 billion" from its current EUR55 billion," he said.

Newspaper website: http://www.welt.de

Write to Frankfurt Bureau at djnews.frankfurt@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires