About Prudential Indonesia
Established in 1995, PT Prudential Life Assurance (Prudential Indonesia) is a leading life insurer in Indonesia and is part of Prudential plc, the UK-based financial services group. Leveraging the Group’s 167 years of experience in the life insurance industry, Prudential Indonesia is committed to grow its business in Indonesia
PT Prudential Life Assurance is licensed to operate in the joint-venture life insurance category based on the Indonesian Ministry of Finance Decree No: 241/KMK.017/1995 dated June 1st 1995, in conjunction with the Ministry of Finance Decree No: S.191/MK.6/2001 dated March 6th 2001, the Ministry of Finance Decree No. S.614/MK.6/2001 dated October 23rd 2001 and the Ministry of Finance Decree No S-9077/BL/2008 dated December 19th 2008.
Since the launch of its first life insurance-linked investment product in 1999, Prudential Indonesia has been the market leader of this product category in Indonesia. Prudential Indonesia also offers a variety of products and services designed to meet the diverse financial needs of Indonesian customers.
As at 31 December 2015, Prudential Indonesia maintains a head office in Jakarta and sales offices in Medan, Surabaya, Bandung, Denpasar, Batam and Semarang. Prudential Indonesia serves more than 2.5 million customers through more than 251,000 sales agents in 394 independent agency offices (Kantor Pemasaran Mandiri-KPM) across the archipelago (including Jakarta, Surabaya, Medan, Bandung, Yogyakarta, Batam, and Bali).
Several key business-highlights of Prudential Indonesia as at 31 December 2015:
Total Premium Income Rp 26.9 trillion
Total Tabarru Contribution Rp 2.2 trillion
Total Asset Rp 55.9 trillion
Fund Under Management Rp 45.2 trillion
Total Claims Paid Rp 9.1 trillion
Risk-Based Capital (RBC): 1,029%
Various awards were given to Prudential Indonesia over the years, please click here for the complete list.