ALLIANZ IN INDONESIA

Allianz started its business by opening a representative office in 1981. Currently, Allianz Indonesia consists of three entities, PT Asuransi Allianz Life Indonesia, PT Asuransi Allianz Utama Indonesia, PT Asuransi Allianz Life Syariah Indonesia. In 1989, Allianz founded PT Asuransi Allianz Utama Indonesia, a general insurance company. Then, Allianz entered the life, health and pension fund insurance business by establishing PT Asuransi Allianz Life Indonesia in 1996. In 2006, Allianz Utama and Allianz Life started the sharia insurance business. In 2023, PT Asuransi Allianz Life Syariah Indonesia will officially operate as a separate entity that provides life insurance protection and sharia-based financial risk management. Now, Allianz Indonesia is supported by more than 1,000 employees and more than 40,000 marketing personnel and is supported by a network of banking partners and other distribution partners. Currently, Allianz is one of the leading insurance companies in Indonesia which is trusted to protect more than 10 million Insureds.

ALLIANZ IN ASIA

Asia is one of our three main growth regions. It is characterized by diversity of culture, language and customs. Allianz has been present in the region since 1910, providing fire and maritime insurance in China's coastal cities. Currently, Allianz is active in 15 markets in the region, offering a wide range of insurance with core businesses in casualty insurance, life insurance, health protection and solutions, and asset management. With more than 36,000 staff, Allianz serves the needs of more than 21 million customers in the region through various distribution channels and digital platforms.

ABOUT ALLIANZ

Allianz Group is the world's leading insurance and asset management company with more than 122 million individual and corporate customers in more than 70 countries. Allianz customers benefit from a variety of individual and group insurance services, ranging from property, life and health insurance, to global credit insurance and business insurance assistance services. Allianz is one of the world's largest investors, with insurance customer funds under management of more than 714 billion Euros. Meanwhile our asset managers, PIMCO and Allianz Global Investors manage an additional 1.7 trillion Euro in assets belonging to third parties. Thanks to the systematic integration of ecological and social criteria in business processes and investment decisions, Allianz holds a leading position for insurance companies in the Dow Jones Sustainable Index. In 2022, Allianz Group will have 159,000 employees and achieve total revenue of 152.7 billion Euros and operating profit of 14.2 billion Euros.

PT Zurich Asuransi Indonesia Tbk (ZAI) previously obtained a business license in the general insurance sector in 1997 as PT Asuransi Selamat Nexus. In 2002, it changed its name to PT Asuransi Adira Dinamika and became a public company in 2019, before finally transforming into ZAI. ZAI provides general insurance products and services with the main product being motor vehicle insurance. In November 2019, ZAI became an extended family of the Zurich Insurance Group (Zurich) and became one of the top joint venture general insurance companies in Indonesia.

Supported by the Zurich Group with international expertise and the best underwriting, digital and risk management capabilities, ZAI can provide best-in-class protection solutions for customers. Spread across 33 sales offices throughout Indonesia, ZAI is committed to making it easy for its customers to purchase policies simply, easily and quickly, as well as a simple way of handling insurance claims – according to customer needs. ZAI's claims division is supported by professional staff to provide the best claims services for customers. ZAI always maintains an open communication pattern, quality information and access to claims data, and delivery of a clear claims process in accordance with certain agreed time periods. PT Zurich Asuransi Indonesia Tbk is a general insurance company registered and supervised by the Financial Services Authority.

As a global leader in financial protection, AXA Group is dedicated to protecting people and property. AXA Group is committed to serving customers, both individuals and companies, at every stage of their lives by providing products and services that meet their needs, including insurance, personal protection and future savings plans. AXA in Indonesia is part of the AXA Group, one of the largest insurance and asset management companies in the world.

AXA operates with a focus on life insurance, general insurance and asset management through various distribution channels under PT AXA Mandiri Financial Services, PT AXA Financial Indonesia, PT AXA Insurance Indonesia, and PT Architas Asset Management Indonesia. Our goal is to empower people to live better lives, by providing customers with peace of mind and the ability to act through prevention, protection, care and wealth management. Our vision is to move from claims payer to customer partner, and become the company of choice for all stakeholders.

PT Sompo Insurance Indonesia (Sompo Insurance) is part of the global insurance group, Sompo Holdings, Inc., one of Japan's biggest general insurance companies. Sompo Insurance ranks amongst the top general insurers in Indonesia (#10 per OJK 2021 Statistic Report) and has been protecting customers in Indonesia for more than 47 years. With over 20 offices and nearly 600 employees across Indonesia, Sompo Insurance provides a variety of insurance products as a solution to protect businesses and individuals from risks. The products offered by Sompo Insurance include travel insurance, fire insurance, motor vehicle insurance, freight insurance, health insurance, earthquake insurance, and other general insurance. We have a wide-range sales network providing the best products and services through; brokers, agents, bancassurance, leasing, motor manufacturers, and direct marketing.

MNC Group was founded by Mr Hary Tanoesoedibjo in 1989. MNC Group is a leading investment company in Indonesia, involved in financial investment and also focusing on media, financial services and property. Apart from its business activities, MNC Group is also active in social assistance related through the CSR Program known as Jalinan Kasih, focused on helping poor communities through significant resources with scholarships, food supplies, free medical treatment, renovation of public facilities, assistance caused by natural disasters and raising funds through TV programs for charitable purposes. Through vision, quality and speed, MNC Group has become a leading investment company in Indonesia.

PT MNC Kapital Indonesia Tbk, officially carried out the acquisition process of PT Jamindo General Insurance on December 20 2011. On January 6 2012, PT Jamindo General Insurance officially changed to PT MNC Asuransi Indonesia, with the following shareholders:

• PT MNC Kapital Indonesia Tbk (99.9%)
• PT Bhakti Investama Tbk Employee Cooperative (0.1%)

On March 2 2012, PT MNC Asuransi Indonesia officially operated with various general insurance products such as motor vehicle insurance, property, travel, personal accident, liability, aviation, heavy equipment, satellite, engineering and others. Currently, we have 22 representative offices throughout the country with 24 hour customer service, towing trucks, smartphone applications and online insurance services that are easier, more convenient and faster.

In 1984 PT Asuransi Bintang started an executive training program, which to date has reached 15 batches and produced more than 150 general insurance executives, spread across various general insurance companies and insurance brokers in Indonesia. PT Asuransi Bintang Tbk. is one of the experienced general insurance companies in Indonesia, which was founded on March 17 1955 by former 1945 freedom fighters, namely: Soedarpo Sastrosatomo, Idham, Wibowo, Pang Lay Kim, Ali Budiardjo, Roestam Moenaf, J.R. Koesman and Ismet. By continuously improving the quality of human resources as well as systems and procedures, PT Asuransi Bintang Tbk. continues to grow and develop over a period of more than 5 decades.

The founders of PT Asuransi Bintang Tbk. has upheld and developed a corporate culture based on effective governance, making PT Asuransi Bintang Tbk. a company that continues to develop and provides balanced benefits to all stakeholders and services to the community. PT. Bintang Insurance Tbk. has been registered and supervised by the Financial Services Authority (OJK) with business license number NO. KEP-6648/MD/1986 from the Ministry of Finance of the Republic.

PT Asuransi General Mega (Mega Insurance) is a general insurance company that was first established under the name PT Asuransi Republik on 22 August 1957 and obtained a business license from the Minister of Finance of the Republic of Indonesia Number 711/KMK.017/1996 dated 31 December 1996. The change of name from PT Asuransi Republik to PT Asuransi General Mega (Mega Insurance) began with the transfer of shares to PARA GROUP through PT Mega Corpora (dh. PT Para Global Investindo) and PT Para Rekan Investama according to the FX Notarial Deed. Budi Santosa Isbandi, S.H., Number 9 and ratified based on the Decree of the Minister of Justice and Human Rights of the Republic of Indonesia No. C-17396 HT.01.01 Th. 2004 dated July 12, 2004.

As part of the PARA GROUP which has now changed its name to CT CORPORA, PT Asuransi General Mega (Mega Insurance) has several sister companies such as Bank Mega, Bank Mega Syariah, Allo Bank, Bank Sulut, Bank Sulteng, Asuransi Life Mega Indonesia, Mega Capital , Mega Finance, Mega Auto Finance (MAF), Mega Central Finance (MCF), Mega Asset, PT Digital Payment System, Trans TV, Trans 7, CNN Indonesia, TransVision, detikcom, Trans Retail Indonesia, Baskin Robbins, Wendy's, The Coffee Bean, Trans Fashion, Metro Department Store, Anta Tour and Vaya Tour, The Trans Hotel, Ibis Bandung, Trans Studio Bandung and Makassar, CT Agro, Jayatama, and others. PT Asuransi General Mega (Mega Insurance) is committed to providing the best service for consumers. So on May 7 2007 PT Asuransi General Mega (Mega Insurance) officially had a Business Branch with Sharia Principles in accordance with the Decree of the Minister of Finance of the Republic of Indonesia No. KEP-095/KM.10/2007. With a commitment to becoming a trusted insurance company through fast and comfortable service, PT Asuransi General Mega (Mega Insurance) focuses on direct service to consumers or also through other related parties.

Currently there are various types of the best insurance products offered by PT Asuransi General Mega (Mega Insurance). Travel insurance products through Mega Travel Care, health insurance products through Mega Medical Care, Mega Proteksi Diri, and Mega Medical Plus, home insurance products through Mega Rumah, and also vehicle insurance products through Mega Vehicle. Until now, PT Asuransi General Mega (Mega Insurance) continues to be committed to improving service quality so that it remains a trusted insurance company for consumers. This is proven by the award for the best General Insurance Company received in 2007-2023 from various banking magazines such as Investor Magazine, Infobank Magazine and Media Insurance Magazine.

PT Asuransi Sinar Mas is always committed to providing protection for our customers. Supported by a mission to provide empathetic and innovative services, PT Asuransi Sinar Mas is one of the leading general insurance companies in Indonesia. Founded in 1985, PT Asuransi Sinar Mas briefly carried the name Sinar Mas Dipta Loss Insurance before changing the company name in 1991. Since its inception until now, PT Asuransi Sinar Mas has spread its wings to all corners of the country with a network of 183 branch offices/ marketing/marketing point. The business is spread from Sabang to Merauke. The company is also strengthened by qualified human resources (HR) and supported by domestic and foreign reinsurance companies. For more than three decades, PT Asuransi Sinar Mas is also known as an insurance company that supports innovation in product and service development. The company also instills a creative spirit that is close to technology and information structures. PT Asuransi Sinar Mas has been recognized as a market leader in the Indonesian insurance industry. In 2013, until now, PT Asuransi Sinar Mas received certification from Fitch Ratings, an agency from the United States, which indicates that the company's credit rating is healthy and stable.

In 2021, Fitch Ratings again confirmed the financial performance and financial prospects of PT Asuransi Sinar Mas at AA+ level and stable prospects. The credit rating assessed by Fitch Ratings reflects PT Asuransi Sinar Mas's position as a market leader in Indonesia with stable financial status, solid capital and thorough, prudent reinsurance management. Other agencies that provide similar ratings to PT Asuransi Sinar Mas include: Kredit Rating Indonesia (KRI) and PT Pemeringkat Efek Indonesia (PEFINDO). Both define the Company as a company with a high level of market dominance, broad distribution channels, and healthy capital and liquidity strength. In its efforts to be able to carry out activities in accordance with business practices in accordance with ISO standard guidelines. The ISOs that Sinar Mas Insurance has achieved include ISO 9001 Quality Management System, ISO 14001 Environmental Management System, ISO 37001 Anti-Bribery Management System, ISO 27001 Information Security Management System, ISO 31000 Risk Management, ISO 19600 Compliance Management System. Apart from that, the implementation of Corporate Social Responsibility activities also refers to ISO 26000 Corporate Social Responsibility. The company has been repeatedly named the best insurance company in Indonesia for its performance achievements, including through the 2021 Insurance Market Leaders Award; Best Insurance Award 2021; Best Insurance 2021; Top 20 Financial Institutions 2021, and others. In 2021, various disasters such as earthquakes, floods and typhoons occurred in Indonesia. Sinar Mas Insurance continues to fulfill its commitment to make claim payments quickly. The ongoing Covid-19 pandemic in 2021 has in no way reduced the Company's commitment to continuing to pay claims quickly, accurately and reliably. For PT Asuransi Sinar Mas, nothing is more important than customer satisfaction and needs, especially at crucial moments for them.

The pandemic also does not reduce the enthusiasm of PT Asuransi Sinar Mas to continue and always be there for the environment and surrounding communities. Various Corporate Social Responsibility (CSR) activities are carried out in the form of charity, community development and also other activities aimed at supporting the handling of the pandemic. PT Asuransi Sinar Mas is aware that the pandemic is not only a threat to health, but also a threat to the community's economy. In 2021, the company will continue to provide basic food assistance to affected residents around the company. Apart from that, the company also supports the government's efforts to handle the pandemic by holding Covid-19 vaccination activities for employees and the general public. Apart from that, PT Asuransi Sinar Mas also continues to provide guidance and assistance to MSMEs around Humbang Hasundutan Regency, North Sumatra so that they can continue to work and can still support their family's economy. In 2021, there are 2 new types of crafts that will be provided with assistance in the Company's CSR activities through the Sinar Mas Creative House. PT Asuransi Sinar Mas also continues to carry out a series of financial literacy and inclusion activities during the pandemic. This activity is carried out remotely via the online platform, ZOOM, and with the implementation of health protocols. The target audience for these programs and activities are students and teachers at kindergarten-primary-middle school-senior high school-university levels and farmers. Implementation of activities such as Samarinda, Palu, Tomohon, Kendari, Palembang, Lampung and Padang Sidempuan. This educational activity was carried out in order to comply with the provisions of the Financial Services Authority (OJK), we believe that the company's efforts to help people become "financially literate" are very important. In addition, PT Asuransi Sinar Mas took the initiative to provide free Simas Micro Insurance and Dream Piggy Banks to participants in educational activities so that they can experience the benefits of insurance. We sincerely hope that all Indonesian citizens can welcome their future with full confidence and high enthusiasm, because PT Asuransi Sinar Mas will always be present for all their protection needs for the sake of Indonesia's progress.

Founded on November 25 1981, Tugu Insurance is a general insurance company headquartered in Jakarta. Judging from the company's articles of association, Tugu Insurance has a scope of activities in the general insurance, reinsurance and sharia business sectors. In 2018, Tugu Insurance received an effective statement from the Financial Services Authority (OJK) to open an Initial Public Offering (IPO) to the general public. As of May 28 2018, Tugu Insurance is effectively listed on the Indonesia Stock Exchange (BEI) with the stock code TUGU. The proceeds from the IPO, after deducting share issuance costs, will be fully used to strengthen capital for the company's business development and increase capital participation to strengthen capital in the reinsurance sector. To date, more than the total shares of Tugu Insurance are held by PT Pertamina (Persero) amounting to 58.50%.

Meanwhile, UOB Kay Hian Pte Ltd. owns shares of 15.84%, Samsung Fire & Marine Co., Ltd 5.29%. as well as the General Public and others amounting to 20.37%. Tugu Insurance has developed its business to the maximum by offering various types of insurance products, including insurance in the energy, fire & property, aviation, engineering, ship hulls, transportation, and protection & indemnity (liability), credit & guarantee, and insurance sectors. sharia based. In September 2022, this company will enter into a bancassurance collaboration with Bank Jabar Banten for two- and four-wheeled motor vehicle insurance products.

PT Lippo General Insurance Tbk was originally founded on September 6, 1963 under the name PT Asuransi Brawidjaja. On October 1, 1982 the company name was changed to PT Asuransi Marga Pusaka. On January 9, 1991 the company changed its original business position in Surabaya to Jakarta. Then on July 6 1991 the company name was changed to PT Lippo General Insurance. After the Public Offering of the Company’s Shares to the public, on April 21, 1997, PT Lippo General Insurance became a public company, and the company name was completed as PT Lippo General Insurance Tbk. On July 22, 1997 the shares of PT Lippo General Insurance Tbk were listed on the Indonesia Stock Exchange “IDX”. Some product categories offered include fire insurance, health insurance both individuals, families, and company employees, motor vehicle insurance, freight insurance, and various other insurance. Since 2013 and until now along with the progress of business development, PT Lippo General Insurance Tbk continues to receive awards in several categories from various institutions, or other prestigious events, including, Media Insurance Magazine, InfoBank Insurance Award, SWA, Warta Ekonomi, and The National Customer Service Championship.

PT Lippo General Insurance Tbk has branches and marketing offices in various regions in Indonesia, namely Jakarta, Karawaci, Cikarang, Palembang, Medan, Bandung, Surabaya, Solo, Semarang, Makassar, Pekanbaru, Balikpapan, Balikpapan and Bali. With the support of reliable employees and marketers, PT Lippo General Insurance Tbk is always ready to serve customers spread throughout the country with a variety of the best insurance products as needed. The solvency performance of PT Lippo General Insurance Tbk based on the Annual Financial Report as of December 2018 was 186.8% with a total asset of Rp 2.49 trillion. Quality policy Improving the quality of products and services continuously according to the dynamics of customer satisfaction. Develop human resources on an ongoing basis so that they remain technically competent, professionally attitude and morally integrity. Optimizing the management of facilities and infrastructure to achieve optimum productivity. Maintaining a balance of fundamental, commercial and innovation aspects in risk management. Ensuring the company’s operations are in accordance with good corporate governance and applicable regulations based on the principles of managing work processes by meeting quality control standards.