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Pt Maskapai Reasuransi Indonesia Tbk (Indonesia)

Main Activities: Agencies, Brokerages, and Other Insurance Related Activities
Full name: Pt Maskapai Reasuransi Indonesia Tbk Profile Updated: March 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

PT. Maskapai Reasuransi Indonesia Tbk. (MREI) operates as the first national reinsurance company in Indonesia. In carrying out its business activities, MREI established co-operation with all domestic and a number of overseas reinsurance companies in respect of both life an/or general reinsurance businesses. MREI cooperates with all non-life and life domestic insurance companies. In accomplishing its operations, MREI has set up a strategic alliance with Lincoln National Reinsurance Co., Fort Wayne-USA, and has cooperated with major reinsurance companies, such as Manulife Reinsurance, Canada, Munich Reinsurance Co., Swiss Reinsurance Co., Mercantile & General Reinsurance Plc., England, Malaysian National Reinsurance, etc. MREI was listed on Indonesia Stock Exchange in 1989 under the Development Board. The company was founded in 1959 and based in Jakarta, Indonesia.

Headquarters
Plaza Marein, 18Th Floor, Jl. Jendral Sudirman Kav. 76-78
Jakarta; Jakarta; Postal Code: 12910

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Website: http://www.marein-re.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1953
Key Executives
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President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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59.62%
Company Performance
Financial values in the chart are available after Pt Maskapai Reasuransi Indonesia Tbk 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
9.14%
Operating profit (EBIT)
22.75%
Net Profit (Loss) for the Period
4.24%
Total assets
2.52%
Investments
8.13%
Receivables
-4.41%
Total equity
4.78%
Net Premiums Earned Trend
3.92%
Net Profit Trend
-20.47%
Return on Equity (ROE)
-0.01%
Loss Ratio
4.56%
Underwriting Expenses Ratio
0.38%

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