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Astra Aviva Life, PT (South Jakarta) (Indonesia)

Main Activities: Funds, Trusts, and Other Financial Vehicles
Full name: Astra Aviva Life, PT Profile Updated: January 28, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Indonesian Download a sample report

PT Astra Aviva Life (Astra Life/ the Company) was founded in 1990 by several companies under the auspices of the Wanandi Family Business Group, Kaharuddin Ongko and Baharudin Harahap. Its name was initially PT Asuransi Winterthur Life Indonesia (AWLI). On 18 April 1994 AWLI was granted a pension fund lincense under the name of Dana Pensiun Lembaga Keuangan (DPLK) Winterthur Life Indonesia. In 2002 the Company underwent its first name change and subsequently operated under the name of PT Credit Suisse Life & Pensions Indonesia. In 2006 the Company changed its name and operated under the name of PT Asuransi Winterthur Life Indonesia. In 2010 the Company underwent a name change to PT Asuransi Aviva Indonesia when Aviva International Holdings Limited acquired 60% shares in the Company and DPLK Winterthur Indonesia changed into DPLK Aviva Indonesia. PT Astra Aviva Life was established on May 26th, 2014 in line with the changes in the shareholders’ composition, Aviva International Holdings Limited hold a 50% ownership and PT Astra International Tbk, hold a 50% ownership in the Company. Astra Life was officially launched to the public on November 27th, 2014. Astra Life offers various insurance products for individual particularly individual customers from banks and finance companies, the products are include life insurance, health insurance, accident insurance, and life insurance that linked to an investment (Unit Link) and also for corporate customers in the form of employees’ welfare and pension funds program. As at the end of 2018, Astra Life has more than 750 employees and serves more than 1.4 million insured customers, and also supported by thousands of health service providers in all over Indonesia, which became the Company’s partners.

Headquarters
1st Floor, Pondok Indah Office Tower 3, Jl. Sultan Iskandar Muda Kav. V-TA, Pondok Indah
South Jakarta; Jakarta; Postal Code: 12310

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Website: http://www.astralife.co.id

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
May 26, 2014
Key Executives
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President Director
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President Commissioner
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Director
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Director
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Director
Ownership Details
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0.5%
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0.5%
Company Performance
Financial values in the chart are available after Astra Aviva Life, PT (South Jakarta) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IDR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
5.12%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
27.77%
Total assets
15.97%
Investments
12.78%
Receivables
60.83%
Total equity
-28.94%
Return on Equity (ROE)
-0.63%

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