2003

On 31 March 2003, PT Asuransi Sumitomo Marine and Pool transferred its business portfolio including its employees to PT Asuransi Mitsui Marine Indonesia.

On 1 April 2003, the company's name was changed from PT Asuransi Mitsui Marine Indonesia to PT Asuransi Mitsui Sumitomo Indonesia, following the parent company's new name of Mitsui Sumitomo Insurance Co., Ltd., Japan and also by the transfer of business portfolio of PT Asuransi Sumitomo Marine and Pool to PT Asuransi Mitsui Marine Indonesia.

At the same time, PT Asuransi Sumitomo Marine and Pool was dissolved by its parent company.

On 16 September 2003,  20% of the company’s shares held by PT Maskapai Asuransi Indonesia was transferred to Mr. Rudy Wanandi.

Business portfolio transference and company name change

2003
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