MSIG Indonesia Once Again Won Insurance Market Leaders Award 2022

MSIG Indonesia was again named the "General Insurance Market Leaders 2022" at the Insurance Market Leaders Award 2022 organized by Media Asuransi. This is the fourth time MSIG Indonesia has received this special award.

In the event that was held on September 1, 2022, MSIG Indonesia became one of 15 general insurance companies that received appreciation by recording the largest achievement based on gross premiums in the Published Financial Report as of December 2021. In addition to general insurance, The Insurance Media Research Institute (LRMA) also provided similar awards to life insurance companies, insurance brokers and reinsurance brokers.

Quoted from a press release published by Media Asuransi, MSIG Indonesia was included in the list of market leaders in the general insurance industry, namely 15 companies that control 66.30% market share as of December 31, 2021. Slightly lower than the market share based on the gross premiums of these 15 largest general insurance companies in 2020, which is 66.68%. Although the market share of the 15 largest general insurance companies decreased compared to the previous year, these general insurance market leaders still posted gross premium growth of 1.65%, from IDR37.72 trillion as of December 2020 to IDR38.35 trillion as of December 2021.

This success is a testament to our commitment as part of the MS&AD insurance group to its vision to create a world-leading insurance and financial services group that continuously strives for growth and increasing corporate value.