Indonesia · South-East Asia · class L

Life insurance companies in Indonesia

26 licensed life insurers, 41% of the 63 insurance entities supervised by the Otoritas Jasa Keuangan. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerification
AIA Financial IndonesiaLLifeAIA GroupIAIGForeign multinationalOJKUnverified
Allianz Life IndonesiaLLifeAllianzIAIGForeign multinationalOJKUnverified
Asuransi Bumiputera 1912
Long-running distress
LLifeMutualMutual / cooperativeOJKUnverified
Asuransi Jiwa Adisarana Wanaartha (revoked 2022)
Licence revoked
LLifeIndependentDomestic privateOJKUnverified
Asuransi Jiwa AstraLLifeAstra InternationalDomestic privateOJKUnverified
Asuransi Jiwa Kresna (revoked 2023)
Licence revoked
LLifeIndependentDomestic privateOJKUnverified
Asuransi Jiwasraya (in restructuring; portfolio to IFG Life)
Portfolio transferred to IFG Life
LLifeGovernment of IndonesiaState-owned / parastatalOJKUnverified
AXA Mandiri Financial ServicesLLifeBank Mandiri / AXADomestic privateOJKUnverified
BNI LifeLLifeBNI / Sumitomo LifeDomestic privateOJKUnverified
BRI LifeLLifeBRI / FWDDomestic privateOJKUnverified
Capital Life IndonesiaLLifeMNCDomestic privateOJKUnverified
Chubb Life IndonesiaLLifeChubbIAIGForeign multinationalOJKUnverified
FWD Insurance IndonesiaLLifeFWD GroupIAIGForeign multinationalOJKUnverified
Generali IndonesiaLLifeGeneraliIAIGForeign multinationalOJKUnverified
Great Eastern Life IndonesiaLLifeOCBCIAIGForeign multinationalOJKUnverified
IFG LifeLLifeIndonesia Financial GroupState-owned / parastatalOJKUnverified
Indolife PensiontamaLLifeSalimDomestic privateOJKUnverified
Manulife IndonesiaLLifeManulifeIAIGForeign multinationalOJKUnverified
Panin Dai-ichi LifeLLifePanin / Dai-ichiDomestic privateOJKUnverified
Prudential Life Assurance IndonesiaLLifePrudential plcIAIGForeign multinationalOJKUnverified
Sequis LifeLLifeGunung Sewu / Nippon LifeDomestic privateOJKUnverified
Sinarmas MSIG LifeLLifeSinar Mas / MS&ADDomestic privateOJKUnverified
Sun Life Financial IndonesiaLLifeSun LifeIAIGForeign multinationalOJKUnverified
Taspen LifeLLifeTaspenState-owned / parastatalOJKUnverified
Tokio Marine Life IndonesiaLLifeTokio MarineIAIGForeign multinationalOJKUnverified
Zurich Topas LifeLLifeZurichIAIGForeign multinationalOJKUnverified

About life insurers in Indonesia

How many life insurers are licensed in Indonesia?

26 of the 63 licensed insurance entities in Indonesia are classified as life (41%), according to the OJK register as reflected in this directory (not verified).

Who regulates life insurers in Indonesia?

Otoritas Jasa Keuangan (OJK), under Recapitalisation to 2028. Official website: https://ojk.go.id.

Are the life insurers in Indonesia locally or foreign owned?

11 of 26 belong to regional or foreign multinational groups (including AIA Group, Allianz, Chubb, FWD Group), 3 are state-owned, and the rest are domestic private companies.

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