PT MSIG Life Insurance Indonesia Tbk (MSIG Life) has recorded quality\ngrowth across its key indicators throughout the first half of 2026.<\/p>\n
Net profit increased significantly to Rp181 billion, representing a\n69% year-on-year increase. The Contractual Service Margin (CSM), which\nreflects future profits from ongoing insurance contracts recognised\ngradually over the coverage period, grew by 8% year-on-year to Rp913\nbillion. Renewal premiums reached Rp1 trillion (+27% YoY), while\nAnnualised Premium Equivalent (APE) was recorded at Rp691 billion.<\/p>\n
\u201cThe first-half performance of 202ng shows that we are on the right\ntrack in driving quality business growth. This achievement is built upon\ndisciplined cost management, strengthened operational productivity, and\nincreased customer satisfaction,\u201d said Herman Sulistyo, Director &\nChief Strategic Distribution, Government & Partnership Officer at\nMSIG Life, on Friday (11\/9\/2026).<\/p>\n
This performance is supported by strong capitalisation. MSIG Life\u2019s\nequity reached Rp8.2 trillion, far exceeding the highest minimum\nrequirement for insurance companies under Financial Services Authority\n(OJK) Regulation Number 23 of 2023, which is set at Rp1 trillion to be\nmet by 31 December 2028.<\/p>\n
\u201cWe continue to focus on expansion and the optimisation of\nmulti-channel distribution, investment in digital and AI, as well as\nproduct innovation to meet increasingly diverse customer needs. These\nsteps further strengthen our position as a trusted partner for the\nIndonesian people, while creating long-term value for customers,\nshareholders, and business partners,\u201d said Elly Susanti, Director &\nChief Operating & IT Officer of MSIG Life.<\/p>\n
MSIG Life also announced that PT MSIG Sharia Life Insurance Indonesia\nobtained a business licence from the Financial Services Authority on 22\nJuly 2026, and has officially been operating as a separate entity since\n3 August 2026.<\/p>\n
MSIG Life is part of MS&AD Insurance Group Holdings, Inc., a\nleading Japanese-based insurance and financial services group with a\nnetwork spanning 48 countries. As the largest Japanese joint venture\nlife insurance company in Indonesia, MSIG Life provides comprehensive\nfinancial solutions, including life, health, and unit-linked protection,\nas well as pension solutions, to meet customer needs at every stage of\nlife.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/profitability-increases-msig-life-drives-quality-growth-1789145649", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }