MSIG Indonesia Receives Insurance Market Leader Award 2020

18 Sep 2020

MSIG Indonesia Received a “Very Good” Award in General Insurance Category

18 Sep 2020

MSIG Indonesia Distributed 3,150 Masks to Elementary Schools in Gunung Kidul, Yogyakarta As a Support for COVID-19 Prevention in School Communities

18 Sep 2020

2014

In 2014, the capital of the company increased from IDR 40.000.000.000 to IDR 100.000.000.000 without any changes to the percentage of shares which comprise 80% by MSIG Holdings (Asia) Pte. Ltd. and 20% by Mr. Rudy Wanandi.

The increase in capital of PT Asuransi MSI Indonesia was effective as of 30 May 2014.

It is in line with Government Regulation No. 81 Year 2008 Article 6B that the insurance company shall have a minimum capital of IDR 100.000.000.000 by 31 December 2014

2010

On 1 October, 2010, in line with the integration between Mitsui Sumitomo Insurance, Aioi Insurance and Nissay Dowa Insurance in Japan, PT Asuransi MSIG Indonesia and PT Asuransi Aioi Indonesia have also completed its integration in Indonesia by way of business portfolio transfer from PT Asuransi Aioi Indonesia to PT Asuransi MSIG Indonesia.

2008

On 1 April 2008 the company's name was changed from PT Asuransi Mitsui Sumitomo Indonesia to PT Asuransi MSIG Indonesia.

On 30 September 2008, the 80% shares of the company held by Mitsui Sumitomo Insurance Co., Ltd., Japan was transferred to MSIG Holdings (Asia) Pte., Ltd., Singapore; a wholly subsidiary of Mitsui Sumitomo Insurance Co., Ltd., Japan.

2007

On 30 June 2007, PT Aviva Insurance in Indonesia was integrated into PT Asuransi Mitsui Sumitomo Indonesia following the acquisition of Aviva’s general insurance operations in Asia by Mitsui Sumitomo Insurance Co., Ltd., Japan.

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