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Indonesia

Company Overview of Asuransi Ekspor Indonesia Persero Pt

An EMIS Company Report EMIS is an ISI Emerging Markets Group Company Company Description

In intention to increase non-oil and gas export, in 1985 Government of Indonesia founded PT. (Persero) Asuransi Ekspor Indonesia (ASEI) with main business in insurance and guarantees to support non-oil and gas export development stipulated in Government Act No. 20 in 1983. Different from other general insurance organization, ASEI has special product that covers exporter's and bank's risks which are payment default risk. Export Working Capital Loan disbursed by banks or export transaction from importer directly to exporter are being insured. The idea to develop export credit insurance program is based on the policy that not only Sight L/C the exporters can use for international trade but also other terms and payments available with riskier aspect. ASEI role will provide Export Credit Insurance facility for the exporters to deal with export payment risk including promoting Indonesian exporters to penetrate new international market. As for Credit Insurance/Guarantees facility for the bank to support increasing credit/loan to real sector including the exporters. Along with the changes in business climate that highly competitive, ASEI continues to diversify and modify the products within the class of business of Export Credit Insurance, Credit Insurance/Guarantees, and General Insurance in order to support clients' business.

Need a report on this company? USD 19.99 Industry: Insurance Carriers and Related Activities Available in: English & Indonesian Format: PDF Download Most recent financial data: 2016 Buy full report

Report contents

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NAICS Industry Classification
Main Activities: Insurance Carriers and Related Activities
Contact Information

Headquarters
Menara Kadin Indonesia, 22nd floor, Jl. H.R. Rasuna Said Block X-5 Kav 2-3
South Jakarta; Jakarta; Postal Code: 12950

Tel: (62-21) 5790
Fax: (62-21) 5790

Email:
@asei.co.id

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

Basic Information
Total Employees:
429 (2015)
Financial Auditors:
Provided in the purchased report
Incorporation Date:
1985
Key Executives
Provided in the purchased report
President Director
Provided in the purchased report
President Commissioner
Provided in the purchased report
Director
Provided in the purchased report
Director
Provided in the purchased report
Commissioner
More
Ownership Details
The Government of Republic of Indonesia
100%

Report contents

On purchasing the report for this company you will have access to a PDF containing the most recent data for Asuransi Ekspor Indonesia Persero Pt from the EMIS database.

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Key Financial Highlights
Annual growth percentages* for latest two years in USD terms. Absolute financial data is included in the purchased report.
Net insurance premium revenue
50555.37%
Net fee and commission income
Operating profit (EBIT)
-69969.44%
Net Profit (Loss) for the Period
34178.57%
Total assets
90582.81%
Investments
79163.67%
Receivables
97693.91%
Total equity
104575.87%
Net Premiums Earned Trend
Net Profit Trend
33511.98%
Return on Equity (ROE)
-4.88%
Loss Ratio
Underwriting Expenses Ratio
* Growth figures are affected by the currency rate changes.
Company News (Not included in report)
Industry News (Not included in report)
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