MSIG Indonesia Received Another Award in the “Insurance Market Leaders Award 2024” Event

MSIG Indonesia once again received an award as “General Insurance Market Leaders 2024” in the Insurance Market Leaders Award 2024 organized by Media Asuransi. This is the sixth time we have received this prestigious award. The Insurance Market Leader Award 2024 was held on Tuesday, July 30, 2024, at the JS Luwansa Hotel, South Jakarta, with our director, Nurul Hayati, attending to receive the award. 

MSIG Indonesia was honored to be included in the list of 15 market leaders in the general insurance industry. According to the Insurance Media Research Institute (LRMA), these 15 market leaders are general insurance companies that strongly influence the insurance industry. And, of course, they will determine the future of the Indonesian insurance industry.

The study conducted by LRMA uses nine indicators in the publication of the financial statements of insurance companies as of December 31, 2023. The nine indicators are premium income, net premium income, paid claims and benefits, paid claims and benefits expense, investment, investment return, equity, assets, and profit or loss after tax.

This success is concrete proof of our commitment as part of the MS&AD Insurance Group to realize the vision to become the world's leading insurance and financial services business group, with the determination to continue to drive growth and increase company value sustainably.