10 Insurance Companies in Top Indonesia in 2017

Posted on

10 Insurance Companies in Top Indonesia in 2017

10 Insurance Companies in Top Indonesia in 2017! Confused by damaged car problems, hospital fees, children’s education, safety, etc.? You can be calm if registered with insurance. With insurance, bad things happen to you, the costs will be covered by insurance.

Currently, there are many insurance companies that claim to provide solutions to the problems we face, but there are only 10 insurance companies that have been recognized as the top insurance companies in Indonesia 2017.

Do you want to join an insurance product? Is the fitting you’re looking for the best insurance in Indonesia in 2017? Okay, for your consideration before making sure to join an insurance program, this summary is taken from INVESTOR MAGAZINE.

In determining the best ranking top 10 insurance companies in indonesia 2017, the INVESTOR jury assessed 14 criteria, namely average asset growth, growth in the number of average investments, average equity growth, growth of direct closing premiums, average net premium growth, average growth in underwriting results , average investment yield growth, average net profit growth, net premium market share, underwriting ratio of net premiums, TATO (Total Assets Turn Over), ROA (return on assets), ROE (return on equity), and RBC (risk-based capital).

List of life insurance companies in indonesia are awarded based on the biggest income in the world. Insurance is very useful and helps the community, not only in Indonesia but also throughout the world. The benefits can be felt by the community because insurance provides the best solution when we experience unforeseen disasters.

10 Insurance Companies in Top Indonesia in 2017

Disasters or risks experienced in the community certainly vary, such as the health risks of the body being reduced (sick), accidents, and all the risks that occur in life. However, the risk that is felt is not only pain but also the risk of financial loss, such as victims of natural disasters, homes, property, damaged vehicles and so on.

Do you know the top insurance companies in Indonesia 2017?

Insurance is one of the best ways or solutions that are prepared to anticipate the worst that will happen to you, namely by offering financial guarantees of all types of losses. The public interest in insurance is getting bigger, many insurance companies are advanced and developing and trusted in Indonesia. But have you known the best insurance company in the world?

Here I will share information with readers, some of the world’s leading insurance companies. Of course, there are fundamental criteria when it is crowned as the World’s Best Insurance Company such as premium level, capital market, income, geographical area, assets, and other factors.

This list of insurance companies in Indonesia is already the biggest and has the biggest income in the world, not in terms of the largest order. I made this list of insurance companies in indonesia alphabetically to make it easier to see.

Allianz SE

Allianz SE is a leading financial services company, engaged in insurance products and services for asset management. Allianz serves customers in more than 70 countries with assets worth 1.77 billion euros. Insurance products offered include property, health insurance and life insurance for both corporate and individual customers.

In 2013, Allianz group had total revenues of 110.8 billion euros and operating profit of 10.1 billion euros with contributions from property and casualty (42%) and health (51%) followed by asset management (7%) and other companies (1% ) In 2014, Allianz reported total revenues in Indonesia of 10.48 trillion.

American Health Group

UnitedHealth Group Inc. (UNH) is a health care business in the United States. This large company runs United Healthcare business for health services, by collaborating and serving customers of more than 85 million customers from 125 countries. UnitedHealth uses media experience and clinical care to improve the performance of the health services sector. In 2012, American Health Group’s total revenues were almost $ 12 billion more and in 2013 revenues were $ 122 billion.

Are the top 10 insurance companies in Indonesia the best?

Chinese Insurance Group (LFC)

The Chinese Insurance Company Group (LFC) is one of the largest insurance companies engaged in the state-owned financial services and has a large Chinese capital market as an investor institution. The China Insurance Group (LFC) was founded in 1949 which was originally called Chinese People’s Insurance (PICC). In 1996, PICC Co Ltd was established since parting ways with the PICC. In 1999, PICC Co Ltd changed its name to a Chinese Life Insurance company.

In 2013, the Chinese Life Insurance Company was restructured as China Insurance (Group) by having seven subsidiaries. Businesses spread on Chinese Insurance Group include Life Insurance, Pension, Asset Management, Property, Accidents, Investment Holdings, and Production.

The China Insurance Group (LFC) is listed as the New York Stock Exchange, the Hong Kong Stock Exchange and the Shanghai Stock Exchange, which is the largest public insurance company in market capitalization in the world.

Generali Assicurazioni SpA Generali

Assicurazioni is the parent company of Assicurazioni Generali Group, which was founded in 1831. Generali Group is ranked in the top of the Italian market, besides that, it is also a major player in the field of insurance products and global finance. Generali Group has more than 60 countries, has 77,000 employees and 65 million customers worldwide.

The Generali Group company has become an international brand that dominates in the West, Central and Eastern Europe. Generali Group focuses on Life Insurance, protection and savings and offers a variety of products. Products offered include car, home, accident and health insurance, as well as commercial and industrial risk insurance. In 2013, Generali Group had revenues of 4.3 billion euros.

From the list of life insurance companies in Indonesia described, which one is the best?

AXA Group

AXA is one of the largest insurance companies in the world. Has more than 102 million customers in 56 countries and 157,000 employees. AXA’s main business is in property and general insurance, life insurance, savings, and asset management. AXA Group is headquartered in Paris and also has offices throughout Africa, America (North, Central, South), Asia Pacific, Europe and the Middle East.

In 2013, AXA acquired 51% of the operational of Colpatria Seguros Insurance in Colombia. In the same year 2013, AXA became the largest International Insurance in China through the acquisition of 50% Tian Ping (Property Insurance China). In addition, AXA is engaged in HSBC Non-insurance in Mexico. In 2013, AXA Group reported gross revenues of 91 billion euros.

10 Insurance Companies in Top Indonesia in 2017

Berkshire Hathaway

Berkshire Hathaway was founded in 1839 headquartered in Omaha, Nebraska, United States. Thanks to Warren Buffet as CEO of the company, it can turn the entity into one of the leading companies in the world.

Berkshire Hathaway Inc. is a conglomerate company, which has many subsidiary companies engaged in investment and insurance, including transportation, finance, utilities and energy, manufacturing, services and retail through its subsidiaries.

Japan Post Holding Co. Ltd

Japan Post Holding Co.Ltd. is one of the largest Insurance in Japan, founded on January 23, 2006. The company has four main divisions including:

  • Japan Post Service, which deals with mailing.
  • Japan Post Network, which runs the post office.
  • Japan Post Bank, which deals with banking functions.
  • Japan Post Insurance, which provides life insurance.
  • Tol Holdings, which provides transportation and logistics
  • In 2013, Japan Post Holding had a profit balance of $ 4,891 with revenues reaching almost $ 204 billion.

Is the top insurance company in Indonesia 2017 you know?

Munich RE Group

Munich Re Group was founded in 1880, operates on all lines of Insurance and is present in 30 countries, has around 45,000 employees worldwide that focus on Europe and Asia. The Insurance Company at Munich RE is carried out by its subsidiary, ERGO Insurance Group, which offers a complete range of insurance.

Munich RE Group is engaged in all insurance businesses including Life Insurance, Reinsurance, Health Insurance, Accident Reinsurance, Business Responsibility, Motorcycle Reinsurance, Property Business, Accidents, Marine Reinsurance, Aviation Reinsurance, and Fire Reinsurance. In 2013, Re Munich made a profit of 3.3 billion euros with a premium income of 51.5 billion euros.

Prudential

Prudential was established in 1848 in England. Prudential is one of the Companies engaged in insurance and financial services that serves 23 million customers in the United Kingdom, the United States and Asia and has around 22,308 employees worldwide.

The main businesses that Prudential has developed include Prudential Corporation Asia, Prudential UK, Jackson Life Insurance Company, and M & G Investment. Jackson Insurance is the largest insurance company in the United States, and Prudential UK is one of the largest providers of pensions and old age.

Is the leading insurance company in Indonesia 2018?

Prudential is listed as having Stock Exchanges in London, Hong Kong, Singapore and New York with assets under management worth 443 billion pounds.

 Zurich Insurance Group

Zurich Insurance Group was founded in 1875, headquartered in Switzerland which is a Global Corporate Insurance. The Zurich Group, together with its subsidiaries, operates in more than 170 countries, providing insurance and service products. Zurich’s main businesses include general insurance, global life and agricultural insurance. Zurich Insurance has more than 55,000 employees, serving insurance needs of individuals and businesses of all sizes, namely small, medium and large businesses, both national and multinational companies.

In 2013, the Zurich Insurance group of $ 4.7 billion had a 15% increase from 2012. General insurance accounted for 51%, and global insurance contributed 23% and 27%. Zurich Insurance Group’s total revenue is $ 72 billion.

Well, that is, top insurance companies in Indonesia 2017. Many benefits can be obtained by becoming an insurance customer, you want to feel the benefits of insurance? before making a choice you should consult with someone who is an expert in the field of insurance or can directly consult with the insurance company that you will choose.

 

Read Also: List of Workers Compensation Insurance Companies and How They Work

5+ Home Insurance Savings Tips

Your dwelling is frequently your most precious asset that you just need to have to shield. We established an index of all financial savings possibilities linked with House insurance policies. This checklist is considered the most entire standpoint on home insurance coverage personal savings tips. Numerous insurance coverage brokers contributed to this list. So, let's start off!
1. Change your content coverage
Leasing a Condominium? You could generally reduce your content material coverage. No must insure your belongings to nearly $250,000 if you have only a notebook and a few IKEA home furnishings!
2. Renovations
Renovating your own home can result in lessen home insurance rates, as household insurance rates for older, badly maintained dwellings are often better. In addition, renovating only pieces of the dwelling (e.g. the roof) can lead to insurance plan cost savings.
3.pool
Adding a swimming pool to your dwelling will possible direct to an increase in your insurance policies prices considering that your legal responsibility ( e.g. the potential risk of another person drowning) along with the worth of your house have amplified.
4.Pipes
Insurers like copper or plastic plumbing - it's possible this is a great idea to enhance your galvanized / direct pipes all through your following renovation cycle.
5.Shop around
Lookup, Review, and change insurance corporations. There are lots of coverage suppliers as well as their price offerings for the same procedures is often incredibly unique, hence use numerous online resources and communicate to several brokers due to the fact every will protect a constrained amount of insurance companies.

Jonathan

Imaginitive and a hit senior income professional, fantastically encouraged, reliable with strong interpersonal talents with the ability to obtain and exceed beneath stress