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Pt Paninvest Tbk (Indonesia)

Main Activities: Insurance Carriers
Full name: Pt Paninvest 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. Paninvest Tbk. (PNIN), a member of Panin Group, operates in the general insurance and reinsurance business. PNIN coverage the following areas: fire insurance, cargo insurance, motor vehicle insurance, personal accident insurance, marine hull insurance, cash-in-transit, cash-in safe, and loss of profit insurance. PNIN cooperates with both local and overseas reinsurance companies, including PT. Maskapai Reasuransi Indonesia Tbk, PT. Reasuransi Internasional Indonesia, Assicurazioni Generali, AXA Reinsurance Asia Pte Ltd., Cie Transcontinentale de Reassurance and Swiss Re. PNIN was listed on Indonesia Stock Exchange in 1983 under the Main Board. The company was founded in 1973 and based in Jakarta, Indonesia.

Headquarters
Panin Bank Plaza 6Th Fl, Jl Palmerah Utara No 52
Jakarta; Jakarta; Postal Code: 11480

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1973
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
Ownership Details
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30.18%
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6.02%
Subsidiaries
Pt Panin Geninholdco
99.99%
Pt Panin Financial Tbk
67.86%
Company Performance
Financial values in the chart are available after Pt Paninvest 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
-4.6%
Operating profit (EBIT)
70.54%
Net Profit (Loss) for the Period
-29.05%
Total assets
4.98%
Investments
9.78%
Receivables
63.74%
Total equity
6.05%
Net Premiums Earned Trend
-0.93%
Net Profit Trend
N/A
Return on Equity (ROE)
-2.23%
Loss Ratio
13.24%
Underwriting Expenses Ratio
8.49%

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