Indonesia

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Insurance and Reinsurance Broker Association of Indonesia
Asosiasi Broker Asuransi dan Reasuransi Indonesia
Web: www.apparindo.or.id

 

POPULATION, 2011-2014 (1)

Year Population
2011 245,613,043
2012 248,216,193
2013 251,160,124
2014 253,609,643

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $932.1
2010 968.5
2011 1,033.0
2012 1,121.0
2013 1,285.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $5,148
Life premiums 10,159
Total premiums $15,307
Percent of total world premiums 0.32%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company IDR Mn USD Mn
Astra Buana 3,779,889.0 361.3
Sinar Mas 3,568,439.0 341.1
Jasa Indonesia 2,821,370.0 269.7
Central Asia 2,305,945.0 220.4
Tugu Pratama Indonesia 2,075,843.0 198.4
Wahana Tata 1,897,607.0 181.4
Adira Dinamika 1,782,404.0 170.4
Kredit Indonesia 1,565,593.0 149.7
Bangun Askrida 1,435,038.0 137.2
MSIG Indonesia 1,278,738.0 122.2

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company IDR Mn USD Mn
Jiwa Sinarmas MSIG 9,745,824.0 931.6
Allianz Life Indonesia 8,841,228.0 845.1
Jiwa Manulife Indonesia 8,294,921.0 792.9
Axa Mandiri Financial Services 6,741,617.0 644.4
Indolife Pensiontama 6,248,468.0 597.3
Jiwasraya (Persero) 6,030,737.0 576.5
AIA Financial 5,643,021.0 539.4
Jiwa Bersama Bumiputera 1912 5,503,094.0 526.1
Jiwa Adisarana Wanaartha 3,436,282.0 328.5
Jiwa Sequis Life 3,423,840.0 327.3

Source: Axco Insurance Information Services.

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