A relatively liberal insurance foreign investment environment has led to the entry of the largest insurance companies in the world who have taken a strategic view on indonesia being a top priority emerging market. In the general insurance market major global names include ace which controls ace jaya proteksi allianz pt asuransi allianz utama indonesia american international group pt aig insurance indonesia axa pt asuransi axa indonesia mitsui sumitomo insurance company pt asuransi msig indonesia fairfax financial holdings pt fairfax insurance indonesia and zurich insurance group pt zurich insurance indonesia.
Tokio marine life insurance indonesia.
Insurance companies in indonesia. Life insurance companies 1 37 22 general insurance companies 2 52 21 reinsurance companies 1 5 based on ownership 2018. Willis indonesia insurance brokers. Great eastern life indonesia.
Some indonesian insurance companies are listed below. Prudential insurance was established in 1848 in london british. With the initial name friendly assurance company.
Prudential insurance operates in indonesia in 1995. When it comes to choosing an insurance company the issue is usually trust and who you feel comfortable dealing with. Although improvement is still needed we are starting to see a longer list of insurance companies in indonesia that provide excellent coverage.
The following is a list of several insurance companies in indonesia. In 10 consecutive years since 2006 2016 sompo insurance indonesia has awarded as best general insurance with gross premium above rp 1 trillion. There are several joint venture general insurance companies in indonesia in affiliation and partnership with reputable european north american and japanese insurance firms.
The insurance industry has witnessed phases of rapid growth along with recent growth moderation and intensifying. Asuransi nipponkoa indonesia has been awarded with various awards from several independent institutions. Asuransi jasindo kc bandar lampung.
Indonesia general insurance market update 2019 general insurance association of indonesia aaui indonesia economic performance year indonesian population. Sompo japan insurance indonesia and pt. Is one of the insurance companies operating in indonesia providing several types of insurance including life insurance health insurance and investment.
Today indonesia insurance is a growing sector. Part of the reason that an indonesia insurance company is staying busy has to do with an improved economy.