Joint Venture General Insurance Company

PT. ACE INA Insurance (ACE)
PT. ACE INA Insurance is part of the ACE Group of Companies, one of the world's largest providers of property and casualty insurance, reinsurance, and other financial services. Established in 1985, Now with a financial strength rating A+ from both Standard and Poor's and AM Best, ACE has grown from strength to strength. Today, the ACE Group of Companies has a local presence in more than 50 countries, insuring a broad range of local and multinational corporations.
Class: 1 Rating: B

PT. Asuransi Kurnia Insurance Indonesia (Kurnia)
PT. Asuransi Aegis Indonesia is the new name of erstwhile local insurer, PT. Asuransi Hastin Utama, which started business way back in 1988. The joint-venture business license was obtained in March 2000 (Ministry of Finance letter no. S.085/MK.17/2000) and the change of name to PT. Kurnia Insurance Indonesia (KII) on 7th May 2007. KII is a subsidiary of Kurnia Asia Berhad (KAB), a public listed company in Malaysia and the parent company of Kurnia Insurans Malaysia Berhad (KIMB), the largest general insurer in Malaysia.
Class: 2 Rating: B

PT. Asuransi AIOI Indonesia (AIOI)
P.T. ASURANSI AIOI INDONESIA was formerly known as PT. Asuransi Chiyoda Insurance. It was established in Indonesia in 1997 as a joint-venture between Chiyoda Fire and Marine Insurance Japan and P.T. Asuransi Central Asia, Indonesia. Towards the end of 2001, P.T. Asuransi Chiyoda Insurance officially changed its name to PT. ASURANSI AIOI INDONESIA to reflect the change in the name of its Japanese parent company. AIOI Insurance Co. Ltd., Japan is the new name for the merger of DAI TOKYO Fire and Marine Insurance Co. Ltd. Japan and CHIYODA Fire and Marine Insurance Co. Ltd. Japan in April 2001. AIOI Insurance, with a net premium of 792 billion Yen and total assets of 2,953 billion Yen, is one of Japan’s leading non-life insurer.
Class: 1 Rating: B

PT. Asuransi AIU Indonesia (AIG)
A member company of American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Paris and Tokyo
Class: 1 Rating: B

PT. Asuransi Allianz Utama Indonesia (Alianz)
Founded in 1890 in Germany, Allianz is a company with a long history and a strong tradition. Allianz now operates in more than 70 countries all over the world. Allianz serves around 80 million clients around the world. In addition, Allianz provides insurance coverage and its services to almost half of the Fortune 500 companies. In 1989, Allianz established PT Asuransi Allianz Utama Indonesia, a general insurance company
Class: 1 Rating: A

PT. Asuransi AXA Indonesia (AXA)
PT ASURANSI AXA INDONESIA was first established in 1988 as PT Asuransi Permata Selat Sunda, In 1995, the company became a joint venture, with AXA taking the majority share. In 1999, before a joint venture company known as PT Maskapai Asuransi Union Far East was formed in 1975, later renamed PT Asuransi Guardian Royal Exchange Indonesia.The AXA Group (France) holds 80% of these companies. The direct joint venture partner is PT Arya Mitra which is part of the Indonesian conglomerate Kalbe Group and holds 20% in the companies.
Class: 1 Rating: C

PT. China Insurance Indonesia (China)
(known as CII), as a local registered general insurance company according to the law of Indonesia, deals with non-life insurance and reinsurance business. Paid-up capital is 25 billion Rupiah. The shareholders are The People's Insurance Company of China with share of 55%, in the name of its whollyowned China Insurance Company Limited, and PT.Manunggal Group as the other shareholder, with shareholding of 45%.
Class: 2 Rating: C

PT. Asuransi Hanjin Korindo (Hanjin)
Having been specialized in fire and marine insurance, PT.ASURANSI HANJIN KORINDO is a joint venture, established on November 18, 1998, between Dongyang Fire and Marine Insurance Co., Ltd., the first insurance company in Korea with the award of Grand Prix for Management in the field of customer satisfaction and handsome operating profits, and Korindo Group with its business ever expand into plywood, paper manufacturing, shoes manufacturing, finance, and chemicals
Class: 3 Rating: D

PT. LIG Insurance Indonesia (LIG)
LIG Insurance Co., Ltd., established in 1959, is a leading insurance company in Korea, Company is awarded the highest rating for 3 consecutive years in 1998, 1999 and 2000, LIG Insurance is rated A by A.M. Best.
Class: 2 Rating: B

PT. MAA General Insurance (MAA)
is a joint venture general insurance between MAA International Assurance Limited Ltd, a leading Malaysian insurance company with 88% share and Indonesian partner Mr. Ng Feby Antonius with 12% share. PT. MAA General Assurance operates since 1994 under name PT. Tata International General Insurance
Class: 1 Rating: C

PT. Asuransi MSIG Indonesia
PT. ASURANSI MSIG INDONESIA (formerly known as PT Asuransi Mitsui Sumitomo Indonesia) is a joint-venture company between Mitsui Sumitomo Insurance Company Limited (established in Japan) and Mr. Rudy Wanandi, The history of the company started with the establishment of PT. Asuransi Insindo Taisho, Since 1 April 2003, the Company name was changed from PT. Asuransi Mitsui Marine Indonesia to PT. ASURANSI MITSUI SUMITOMO INDONESIA. This followed its holding company name, and also by the transfer of the business portfolio of PT. Asuransi Sumitomo Marine and Pool to PT. Asuransi Mitsui Marine Indonesia. On 30 June 2007, PT. Asuransi Mitsui Sumitomo Indonesia received the transfer of the business portfolio of PT. AVIVA Insurance.
Class: 1 Rating: A

PT. Asuransi Permata NipponKoa Indonesia (Permata Nippon)
NIPPONKOA Insurance Co., Ltd. was established in April 2001 through a merger of The Nippon Fire & Marine Insurance Co., Ltd. (founded in 1892) and The Koa Fire & Marine Insurance Co., Ltd. (founded in 1918). Japan’s third-oldest non-life insurance provider, the Company commands more than 9% of Japan’s non-life insurance market, which ranks as one of the largest in the world. PT. Asuransi Permta NipponKoa Indonesia is a joint venture between PT. Bank Permata Tbk and NipponKoa Insurance Co.,Ltd.
Class: 1 Rating: A

PT. Asuransi QBE Pool Indonesia (QBE)
QBE Insurance Group Limited is one of the top 25 insurers and reinsurers worldwide with operations in all key global insurance markets. QBE is an Australian listed company with a Group Head office based in Sydney, and has offices in 45 countries with around 13,000 staff worldwide. PT Asuransi QBE Pool Indonesia estabshed in 1994, a joint venture that operates to this day. QBE Pool quickly established itself as a leader among Indonesia's joint-venture insurers and has branches located throughout the country.
Class: 1 Rating: A

PT. Asuransi Samsung Tugu (Samsung)
PT Asuransi Samsung Tugu is a join venture general insurance company between Samsung Fire & Marine Co., Ltd., Korea and PT Tugu Pratama Indonesia licensed to operate on 3 January 1997 with an authorized capital of Rp 30,000,000,000 and a paid in capital of Rp 15,000,000,000. The Company is fully geared Indonesian insurance market with a comprehensive range of insurance products and services.
Class: 2 Rating: C

PT. Sompo Japan Insurance Indonesia (Sompo)
SOMPO Japan is one of the largest insurance company in Japan established since 1888
Class: 1 Rating: A

PT. Asuransi Tokio Marine Indonesia (Tokio)
The Tokio Marine and Fire Insurance Co., Ltd. Japan (referred to as "TMF"), established in 1879, is the oldest and largest non-life insurance company in Japan with more than 15,000 employees worldwide. In 1992, as part of its Asian business strategy, TMF has decided to transfer some of its function to Tokio Management Services (Asia) Pte. Ltd. in Singapore. Since then, it has been providing insurance-related services to the clients of TMF in the Asian region.
Class: 1 Rating: A

PT. Zurich Insurance Indonesia (Zurich)
JV-company founded in 1991 with Zurich Insurance Company Switzerland as our majority shareholder. We are headquartered in Jakarta (Sudirman Plaza) and employ currently 95 employees
Class: 1 Rating: A