Indonesia · South-East Asia · class L

Life insurance companies in Indonesia

49 licensed life insurers, 33% of the 150 insurance entities supervised by the Otoritas Jasa Keuangan. Long-term life assurance, annuities, pensions and savings products.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
AIA Financial IndonesiaHKEX: 1299
Registered as PT AIA Financial
LLifeAIA GroupIAIGForeign multinationalOJKPartial82 Confidence: Low
Allianz Life IndonesiaFWB: ALV
Registered as PT Asuransi Allianz Life Indonesia
LLifeAllianzIAIGForeign multinationalOJKPartial83 Confidence: Low
Asuransi Bumiputera 1912
Long-running distress; Registered as Asuransi Jiwa Bersama Bumiputera 1912
LLifeMutualMutual / cooperativeOJKPartial—
Asuransi Jiwa AstraIDX: ASIILLifeAstra InternationalDomestic privateOJKPartial—
Asuransi Jiwasraya (in restructuring; portfolio to IFG Life)State-owned
Portfolio transferred to IFG Life; Registered as PT Jiwasraya (Persero)
LLifeGovernment of IndonesiaState-owned / parastatalOJKPartial—
AXA Mandiri Financial ServicesLLifeBank Mandiri / AXADomestic privateOJKPartial—
BNI LifeLLifeBNI / Sumitomo LifeDomestic privateOJKPartial—
BRI Life
Registered as PT Asuransi BRI Life
LLifeBRI / FWDDomestic privateOJKPartial—
Capital Life IndonesiaIDX: MNCNLLifeMNCDomestic privateOJKPartial—
Chubb Life IndonesiaLLifeChubbIAIGForeign multinationalOJKPartial—
FWD Insurance IndonesiaHKEX: 1828LLifeFWD GroupIAIGForeign multinationalOJKPartial83 Confidence: Low
Generali IndonesiaBorsa Italiana: G
Registered as PT Asuransi Jiwa Generali Indonesia
LLifeGeneraliIAIGForeign multinationalOJKPartial46 Confidence: Low
Great Eastern Life IndonesiaSGX: O39LLifeOCBCIAIGForeign multinationalOJKPartial92 Confidence: Low
IFG LifeState-owned
Registered as PT Asuransi Jiwa IFG
LLifeIndonesia Financial GroupState-owned / parastatalOJKPartial—
Indolife PensiontamaLLifeSalimDomestic privateOJKPartial—
Manulife IndonesiaHKEX: 0945
Registered as PT Asuransi Jiwa Manulife Indonesia
LLifeManulifeIAIGForeign multinationalOJKPartial—
Panin Dai-ichi LifeLLifePanin / Dai-ichiDomestic privateOJKPartial76 Confidence: Low
Prudential Life Assurance IndonesiaHKEX: 2378
Registered as PT Prudential Life Assurance
LLifePrudential plcIAIGForeign multinationalOJKPartial—
Sequis Life
Registered as PT Asuransi Jiwa Sequis Life
LLifeGunung Sewu / Nippon LifeDomestic privateOJKPartial—
Sinarmas MSIG Life
Registered as PT MSIG Life Insurance Indonesia Tbk
LLifeSinar Mas / MS&ADDomestic privateOJKPartial—
Sun Life Financial IndonesiaTSX: SLFLLifeSun LifeIAIGForeign multinationalOJKPartial98 Confidence: Low
Taspen LifeState-owned
Registered as PT Asuransi Jiwa Taspen
LLifeTaspenState-owned / parastatalOJKPartial—
Tokio Marine Life IndonesiaTSE: 8766LLifeTokio MarineIAIGForeign multinationalOJKPartial81 Confidence: Low
Zurich Topas LifeSIX: ZURNLLifeZurichIAIGForeign multinationalOJKPartial67 Confidence: Low
Asuransi Ciputra Indonesia
ownership not researched; licence KEP-101/D.05/2016
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Jiwa BCA
ownership not researched; licence KEP-91/D.05/2014
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Jiwa Central Asia Raya
ownership not researched; licence KEP-013/KM.13/1987
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Jiwa Inhealth Indonesia
ownership not researched; licence KEP-38/KMK.10/2009
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Jiwa Nasional
ownership not researched; licence KEP-57/D.05/2017
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Jiwa Reliance Indonesia
ownership not researched; licence KEP-762/KM.01/2012
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Jiwa SeaInsure
ownership not researched; licence KEP-102/D.05/2016
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Jiwa Sequis Financial
ownership not researched; licence KEP-572/KMK.017/1997
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Jiwa Starinvestama
ownership not researched; licence KEP-576/KMK.017/1997
LLifeParent not named in registerDomestic privateOJKPartial—
Asuransi Simas Jiwa
ownership not researched; licence KEP-602/KMK.017/1995
LLifeParent not named in registerDomestic privateOJKPartial—
Avrist Assurance
ownership not researched; licence KEP-037/KM.11/1986
LLifeParent not named in registerDomestic privateOJKPartial—
Axa Financial Indonesia
ownership not researched; licence KEP-612/KMK.017/1995
LLifeParent not named in registerDomestic privateOJKPartial—
Bhinneka Life Indonesia
ownership not researched; licence KEP-95/D.05/2016
LLifeParent not named in registerDomestic privateOJKPartial—
Central Asia Financial
ownership not researched; licence KEP-17/D.05/2013
LLifeParent not named in registerDomestic privateOJKPartial—
China Life Insurance Indonesia
ownership not researched; licence KEP-150/D.05/2013
LLifeParent not named in registerDomestic privateOJKPartial—
Equity Life Indonesia
ownership not researched; licence KEP-085/KM.11/1987
LLifeParent not named in registerDomestic privateOJKPartial—
Hanwha Life Insurance Indonesia
ownership not researched; licence KEP-603/KMK.017/1995
LLifeParent not named in registerDomestic privateOJKPartial—
Heksa Solution Insurance
ownership not researched; licence KEP-205/KMK.017/1996
LLifeParent not named in registerDomestic privateOJKPartial—
Lippo Life Assurance
ownership not researched; licence KEP-124/D.05/2014
LLifeParent not named in registerDomestic privateOJKPartial—
MNC Life Assurance
ownership not researched; licence KEP-647/KMK.017/1996
LLifeParent not named in registerDomestic privateOJKPartial—
PFI Mega Life Insurance
ownership not researched; licence KEP-389/KM.10/2012
LLifeParent not named in registerDomestic privateOJKPartial—
Pacific Life Insurance
ownership not researched; licence KEP-94/D.05/2016
LLifeParent not named in registerDomestic privateOJKPartial—
Pasaraya Life Insurance
ownership not researched; licence KEP-240/KMK.017/1995
LLifeParent not named in registerDomestic privateOJKPartial—
Perta Life Insurance
ownership not researched; licence KEP-082/KM.11/1986
LLifeParent not named in registerDomestic privateOJKPartial—
Victoria Alife Indonesia
ownership not researched; licence KEP-40/D.05/2017
LLifeParent not named in registerDomestic privateOJKPartial—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About life insurers in Indonesia

How many life insurers are licensed in Indonesia?

49 of the 150 licensed insurance entities this directory lists in Indonesia are classified as life (33%). Partially verified against the regulator register.

Who regulates life insurers in Indonesia?

Otoritas Jasa Keuangan (OJK). Regime: Law 40/2014 on Insurance, amended by Law 4/2023 (P2SK); minimum equity phased to the end of 2028. Official website: https://ojk.go.id.

Who owns the life insurers in Indonesia?

Of the 49 licensed life insurers in Indonesia, 34 are domestic private companies, 11 are subsidiaries of foreign multinational groups (AIA Group, Allianz, Chubb), 3 are state-owned or parastatal (Government of Indonesia, Indonesia Financial Group, Taspen), and 1 is a mutual or cooperative insurer, as recorded in the register.

Data: /api/v1/countries/indonesia.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.