Sunday, March 17, 2019

This is the world's largest insurance companies, Who are they?

Insurance is one of the financial products that provide protection over the risks that may occur at any time. Now many companies offering insurance in Indonesia, both from within and outside the country.

From a number of the world's largest insurance companies, it turns out that almost all have representatives in Indonesia. Because of the insurance program is a long term financial goals, it would be better if you select the insurance services of insurance companies are the obvious quality and quality as well as meet the required criteria.

To make it easy for you to select the right insurance company, the following information about the 10 largest insurance companies in the world to help in choosing the appropriate insurance.

1. AXA


Country Of Origin: France

Founded: 1817

Head Office: Paris

Key Figures: Thomas Buberl

Revenues: €98.53 billion (2015)

Total assets: €887.07 billion (2015)

AXA currently has more than 102 million subscribers spread over 56 countries and included in the list of the world's largest insurance company. Its core business around the property, life insurance, accident insurance, storage, and asset management. In 2013, AXA acquires 51% of the insurance company Seguros Colpatria in Colombia. Still in the same year, AXA managed acquires 50% of assets of China's insurance company, namely Tian Ping

History Of The Name AXA

When in the year 1982 Mutuelles Unies acquires Drout Group, for three years of mass media in France named the new company as Bebear Group corresponds to the name of Claude Bebear the founder. In course of time, it was decided to found a new, more appropriate name for the company. This name search conducted by a consultant with the help of a computer program to get the word that meets the specified criteria, that starts with the letter ' A ' in order to be later able to occupy top in direkori company. NA, a brief and must also be pronounced uniformly by every person in the various languages of the world. This is in line with the wishes of the company to grow internationally.

From the criteria established, there are three alternative name Argos, AXA and Elan are then submitted to internal employees to vote with the most votes. The name Elan fell first because in French means "Moose" that come with connotations of less intelligent, though he is the beast that looks gorgeous. So return for the name Argos who turns out to have been a name of another company that is fairly well known by that time, other than because the word argos is often pronounced as "argot" which in French means "dialect"

Because there is no majority, then in July 1985, Claude Bebear said AXA make a decision that will be used as the new name for the combined company Mutuelles-Drouot.

Precisely that's unique. Though not having special meaning but if we see in the current glasses, it's hard to imagine this group developed so far by any other name.

The Meaning Of The AXA Logo
At AXA, we decided to strengthen the branding strategy by introducing the new slogan "redifining/standards". The new slogan reflecting the wishes of our brand to be chosen by the community. We have done a thorough analysis to understand that the choice of that society is closely related to their confidence in the insurance industry and financial services. However, the level of confidence that alone is not sufficient because we are also aware that our consumers are now living in the "world of promises". This condition must be redefined (redefine)

More than just a promise: the evidence. We don't want to mislead the promise. We want to demonstrate our ability to meet customers ' needs by providing evidence of a real and visible. At the same time, we build relationships of mutual trust with a high customer.

Redefining the main commitment is in the slogan of AXA. It means what we say always aims to redefine the benefits became a right upon the client's financial services and insurance. We are responsible for realizing customer expectations.

Core Behavior: Attentive, reliable and available. (attentive, reliable and always on hand). Three of these behaviors are things that most expected by the customer of a provider of financial services and insurance. The third of these appear in prominence at a time when we do our research clients against all segments of the market and finally we choose as intid ari action and our commitment to customers.

Simple and real. We avoid something cliched. We don't serve ads that show people or families who only exist in a world of shadows, always smiling and happy forever. The people we show are people as we meet every day. We really shove off from the real life of our clients. We build communication is direct and simple.

Symbol: AXA change Switch. By using the coat of arms of the switch, that is the red diagonal stripes in the AXA logo, we have created a strong picture in the consciousness of the customer against the brand. More than just a simple graphical code, it seems to be a reincarnation of our uniqueness as a company.

Development Of AXA
Based on the report that was released for International Financial Reporting Standard year 2010, AXA group currently serves more than 95 million customers worldwide, operating in 61 countries and 5 continents with 214,000 employees support professional. Until December 2010 AXA group recorded an outstanding performance with assets under management amounting to 1.079 billion euros, consolidated revenues amounted to 91 billion euros and net profit of 2.7 billion euros. (31 December 2010). Based on the Press Release Full Year 2011 earning stanggal February 16, 2012, total revenue in the year 2011 amounted 86.107 billion euros.

AXA gets excellent ratings from independent agencies about the financial health, AA from Standard & poor's, AA3 from Moody's Investors Service and AA-from Fitch Ratings.

For the Asia Pacific, AXA group operating in the country of Hong Kong, the Philippines, Thailand, Malaysia, Singapore, Korea, India, Japan, China and Indonesia with financial companies employ top-tier in every country in the running operational excellence.

Vision and shared values AXA
AXA vision as formulated by Henri de Castries, chairman of the AXA Management Board are:

"We have chosen a demanding business. If we do it right, then we nable our clients to be life confident because they feel reassured, protected and supported as they undertake important projects at various stages in their lives. Our vision of the business is what guides our daily work. It reflects the social and human aspects of financial protection, whose value to people has never been greater"

free translation: we have chosen a business with high demands. If we do it right, then the customer we serve can live their lives with confidence because they feel tejamin, protected and get support in each stage is important in their kehidupam. This is the vision that guides our work every day, a reflection of the social and humanitarian aspects of the protection of financial value for society is increasingly important today.

Risk Based Capital (RBC) which is one of the benchmark companies health insurance Indonesia, where the capital is based on the risk the effort per September 2012 is 327.38%, far exceed the minimum government requirement RBC i.e. amounting to 120%. In addition AXA Financial Indonesia is also supported by a strong reinsurance company and trusted i.e. Reinsurance Group of America, Re, Reindo and Marein.

AXA Financial Indonesia puts Financial Consultant of his ranking as the top national level (Top Agent Awards 2010 AAJI) or international (MDRT). With the support of Key Success System (System Development Agency), career and continuous training, making the profession of financial consultant at AXA Financial Indonesia is everyone's choice.

  • The predicate "very good" category of life insurance companies with assets above 100 billion to 1 trillion rupiah InfoBank Magazine July issue 2010 & 2011
  • The title "Best life insurance" category equity 100-200 billion version of the investor magazine 2010
  • The title "Best life insurance" Insurance Media magazine version 2011
  • A rating of 1 of the category "World Largest Corporation" version of Fortune magazine's Global 500 Edition July 2011
  • "Indonesia Brand Champion category The Best Customer Choice of Health Insurance 2011 Asian research institutes of Markplus Insight
  • The award for the insurance company with the fastest version of the claims payment Record Business 2011 (30 "Express Claim)
  • The category of Service Quality Award and Call Center Award version Marketing Magazine 2011
  • The title "World's no. 1 Insurer" (insurance company category) version of Inter Brand 2011
  • The title "The Best Contact Center 2011" (the category of the Best HR Retention Program) version of Indonesia Contact Center Association
  • The title "Best Contact Center 2012" (the category of The Best Business Contribution Platimun winner), The Best Contact Center Operations (Gold Winner), and The Best Talent (Bronze Winner) version of Indonesia Contact Center Association
  • The title "Best Life Insurance 2012" (100 billion Equity category, 250 billion) version of the insurance Media magazine
  • Rank 2 with a market share of 14.2% AAJI version Report-quarter 2 years 2012
  • 58 ratings for Global Brand Ranking (Best Global Brands) version of the international brand consultant, InterBrand
AXA Financial Indonesia has a vision "to be the provider of financial services and wealth management number one in Indonesia", and has the motto "redifining/standards" for service to all clients

2. Zurich Insurance Group

Asuransi Zurich

Country Of Origin: Switzerland

Year established: 1872

Head Office: Zurich

Key figures: Tom de Swaan, Mario Greco

Revenue: US $67,245 billion

Total assets: US $382,679 billion of Zurich Insurance Group now operates in 107 countries with a primary focus on services and insurance. Zurich Business Insurance Group focused on insurance in General and insurance for farmers. The insurance company currently has over 55,000 workers who are ready to serve its customers. Ranging from individuals to small and large businesses, even multinational.

Zurich insurance company is an insurance company of Switzerland state that had been founded in 1872, and is based in the city of Zurich, Switzerland.

For more than 100 years, the Zurich insurance has developed insurance industry in America and Europe to continue in the Asia-Pacific region. Then, how the insurance company has grown in Indonesia?

Developed in the field of Marine
At first, the Zurich insurance has a name Versicherungs-Verein or Marine insurance company. Zurich insurance has already started globalizing Switzerland throughout the country beginning in 1892 with a very good financial records. Thanks to the companies that dare to expanding into New York.

Shortly thereafter, Zurich have developed their product through accident insurance while renaming into Zurich Transport and Accident Insurance . After Zurich insurance company of berjaya with marine insurance products, they get huge losses and closing that product in the year 1880.

Zurich's CEO at the time, Heinrich Müller, considering more focus develops insurance accident and cut dividends. The venture adds to the gross income which is very significant.

Zurich insurance's success in making their insurance markets are sure to do the maximum expansion, one is Russia and Spain that became their main target.

After expanding to foreign countries, followed by other countries like the United States, France and Belgium, the company has developed several products that are desperately needed at the time. These products range from military safety insurance, motor vehicle insurance, guarantee insurance and retirement.

Zurich insurance in Asia
Zurich began to spread our wings first in Asia in 1973 with the opening of its first Office in Hong Kong. Then the widespread expansion to Southeast Asia.

Southeast Asian countries the first target is the Philippines which combined with small-scale insurance companies named Malayan Group. The merger is also followed in other Asia-Pacific countries such as Guam, Singapore, and Taiwan.

Talking about Asia, and how the development of Zurich insurance in Indonesia?

Zurich insurance in Indonesia
Zurich insurance entered the insurance industry in 1991 based in Jakarta, Indonesia. Up to now, Zurich has penetrated to the city marketing in Indonesia with a population of a thousand employees.

The Zurich company in Indonesia serve insurance product with some specific targets which include individuals, micro, small, and medium enterprises (UMKM), as well as public companies who work closely with Zurich.

Hence, what are the flagship products they have to offer including in Indonesia?

Excess Insurance Products Of Zurich
Superior product owned by Zurich insurance there are 3 (three) kinds of main products with 12 types of insurance varies greatly. What are that?

Life Insurance
Zurich is famous for its products Umbrella Programs as the main aim to protect their clients. Of course this product also epidemic to Indonesia.

Life insurance company Zurich has launched a life insurance product that consists of 4 (four) of sorts, consisting of
  • Life insurance and accidents
This product has three (two) kinds of insurance which provides benefits more specific protection such as Zurich, Zurich 8 Accident protection and Promotion, and the shield of Protection.
  • Health Insurance
This product has two kinds of life insurance which provides benefits more specific protection such as Zurich and Zurich Pro-Care Principle Care.
  • Investment
This product has 4 (four) different kinds of insurance which provides benefits protection and compensation for the long term more specifically as Mahacita Protection, Pro-Fit 8 Zurich, Zurich and Zurich Plus Investa Prime Guard.
  • Bank Partners
This product has two kinds of insurance that provide more specific protection benefits to corporate partners Zurich bank i.e. CTBC Indonesia, Bank Mayapada Indonesia, Zurich Insurance and BTN (Bank Tabungan Negara).

General Insurance
In addition to life insurance and human health, other things also need to be consider as private vehicles, travel safety, and your personal assets such as your home. Zurich insurance also offers specialty products for your personal assets. What are that?

  • Vehicle Insurance
This product has a three (3) kinds of insurance which provides benefits protection more specific and applicable worldwide that is comprehensive and (TLOTotal Loss Only), Z Cars, and Motor Z.
  • Travel Insurance
This product has 4 (four) different kinds of insurance travel protection benefits that provide more specific and applicable worldwide. Types of travel insurance offered i.e. Zurich Domestic Travel, Zurich, Zurich Passport Umrah and Hajj, to the Holy Land and Zurich.

  • Home Insurance
This product has 1 (one) kinds of insurance which provides benefits protection of Your residence more convenient i.e. Zurich Home.
  • Zurich Personal Accident
This product provides protection that is recognized by the Insurance Office of Zurich worldwide with compensation reached Rp 3 billion with 24-hour access.

Business Insurance
Indonesia has a special product of Zurich for your efforts. Types of businesses that can be started from the sectors of micro, small, and medium and requires special protection from the risk of huge losses even kebangkruta. There are four (4) different kinds of special category which consists of:
  • Business insurance for Assets Move
This product has a three (3) kinds of insurance which provides benefits more specific protection and guarantee your business. These products include haulage insurance, motor vehicles, and cash in transit.
  • Business insurance for your Assets
This product has 4 (four) different kinds of insurance travel protection benefits that give you more specifics. Kinds of insurance offered i.e. fire insurance, insurance warranty deed cheating, all risk property insurance, and earthquakes, volcanoes, landslides, and tsunamis.
  • Business insurance to business risk
This product has a three (3) kinds of insurance which provides benefits more specific protection i.e. responsibility to sue an employer, paced final products, and of public worship.
  • Business insurance for small and Medium Businesses
This product has two kinds of insurance that gives more specific protective benefits for your business that is Zurich and Zurich Guard Accident Business Solution.

3. China Life Insurance

Asuransi China Life

Country Of Origin: China

Year established: 1949

Head Office: Beijing

Key Figures: Lin Dairen, The Minsheng


Total assets: US $362,1 billion (2015)

The insurance company is experiencing a restructuring year of 2003 and currently has seven subsidiaries. Its core business is life insurance, asset management, property and investments. Currently China Life Insurance has been listed on the New York Stock Exchange, Hong Kong, and Shanghai, making this the largest insurance company in the world based on its market.

4. Berkshire Hathaway

Asuransi Berkshire Hathaway

Country Of Origin: United States

Founded: 1839

Headquarters: Omaha, Nebraska, United States

Key Figures: Warren Buffet, Charlie Munger

Revenue: US $223,60 billion (2016)

Total assets: US $620,85 billion (2016)

Initially, Berkshire Hathaway is not of this time. However, thanks to Warren Buffet, the company could be transformed into a highly developed as it is now. Insurance company excels in handling the investment conglomerate and also sectors, such as transport, energy and services.

The forerunner company originated from the Hathaway Manufacturing Company that was founded in 1888 by Horatio Hathaway, a business in the field of processing of cotton. The company was successful in the first decade, but suffered a setback in the wake of a decline in the textile industry after World War I. At that time, the company is run by someone named Seabury Stanton, whose investment and improving its efforts to deliver results with profitibilitas after Deperesi Big happened in 1929.

In 1950 's, Hathaway merges with Berkshire Fine Spinning Associates, a company that already operates another textile sejah the beginning of the 19th century. At that time, Berkshire Hathaway has 15 factories with total employees reaching 12,000 people, a revenue of $120 million and is headquartered in New Bedford, Massachusetts. But the next decade around 1, 7 from the location of the mill closed, accompanied by massive LAYOFFS .

In 1962, Warrent Buffett believes that the value of Berkshire Hathaway stock is traded under the value of his real and start buying the shares. After several clashes with the family of Stanton, Buffett bought a considerable amount of stock to change management and then take control of the company.

Buffett retaining the core business of Berkshire Hathaway in the textile industry, remains in the year 1967 began expanding into the insurance industry and other investments. The first insurance company was bought by Berkshire is National Indemnity Company. In the late 1970 's, Berkshire acquired the Government Employees Insurance Company (GEICO). In 1985, the Berkshire textile mills closed official. One of the reasons and thought Buffett was due to margin incentive in the textile industry have been very thin and does not allow anymore to keep trying in that field. Business process reengineering , already considered not able to give you an advantage, because-according to the opinion of the Buffett-all other textile companies (who are in America) will do the same thing. To that end, Buffett closed the textile business that became the root of Berkshire, but retaining the name of Berkshire Hathaway and company investment (investment company). Warren buffet started his career as an entrepreneur in the area of the United States section of omaha nebraska.

Facts about Berkshire Hathaway 
On October 23, 2006, for the first time, shares of series A Berkshire Hathaway sold over $100,000 (one hundred thousand u.s. dollars) per painting and making it the most expensive with a price of stocks on the New York Stock Exchange.

The site Intrinsivaluator, do the calculation and get 4 (four) valuation metric for Berkshire; liquidation value $83,162 to series A shares ($2,772 shares of series B), intrinsic value optimistik $160,800 shares of series A (5,360 series B shares). All these calculations are performed based on a calculation on March 5, 2006.

Berkshire CEO, Warren Buffett, the respected top expertise in investing  in the top of the spectrum of his efforts in his annual letter is read and quoted widely. To be able to read the excerpt can be found at Wikiquote-Warren Buffett.

In 2005, Buffett has a 38% stake in Berkshire Hathaway. Vice Chairman Berkshire Charlie Munger has quite a lot of stocks that made him a billionaire and an early investor in Berkshire as David Gottesman and Franklin Otis Booth, also became a billionaire.

Berkshire Hathaway is known as the company never did stock breakdown, causing its stock price is very high. This also led to the shares is not liquid on the market, so as not to put in a stock index the S & P500. However, Berkshire created a series B shares, with ownership of the 1/30 of voting rights with A series of 1/200 series of a. class A shareholders can convert their shares into series B, but it could not be otherwise.

"'The unit trusts that have recently surfaced fly in the face of these goals. They would be sold by brokers working for big commissions, would impose other burdensome costs on their shareholders, and would be marketed en masse to unsophisticated buyers, apt to be seduced by our past record and beguiled by the publicity Berkshire and I have received in recent years. The sure outcome: a multitude of investors destined to be disappointed.'"

The Berkshire annual meeting conducted at the Qwest Centerin Omaha, Nebraska, and is usually attended by 20,000 people. [1] these meetings, always filled with humor and light-heartedness, which usually starts with a film made by the shareholders of Berkshire Hathaway. Film in 2004 featuring Arnold Schwarzenegger as ' Warrenator ' sent to the past to stop Buffett and Munger who tried to save the world from mega corporations formed by Microsoft- Starbucks-Wal-Mart. Schwarzenegger is later shown arguing in a gym with Buffett regarding the proposed California 13 (1978). [2] the Film in 2006 featuring actress Jamie Lee Curtis and Nicollette Sheridan along with Charlie Munger, as people in lusting after Munger.

5. Prudential

Asuransi Prudential

Country Of Origin: United Kingdom

Founded: 1848

Head Office: London

Key Figures: Paul Manduca

Revenues: £71.842 billion (2016)

Total Assets:-

Prudential currently has a huge market in Asian countries, the United Kingdom, and the countries of Africa. Prudential plc is already listed on the London Stock Exchange, Hong Kong, Singapore, and New York and has about 24 million people.

Prudential is one of the largest insurance companies in the world which have corporate offices spread all over the world. Prudential has a long history to become one of the giants of world level.

Prudential plc is an Prudential Buildingh financial services group that provides leading international retail financial services and fund management in options markets: United Kingdom, America, Asia and continental Europe. Prudential has been providing life insurance services in the United Kingdom for more than 150 years and has the largest long term fund products in the United Kingdom for more than a century. Currently, Prudential has over 21 million customers worldwide and manage funds more than US $510 billion (as of 30 June 2007 – last published numbers).

In the United Kingdom, Prudential is a provider of life insurance and pension funds are leading offers a variety of retail financial products. M & G is Prudential Fund pengelelola in the United Kingdom and Europe, which manages funds of about $330 billion. Jackson National Life, Prudential acquired in 1986, is a provider of long-term savings and pension funds leading to institutional and retail clients in America. In Asia, Prudential life insurance company is the leading European business network has spread across 12 countries, namely: China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand and Viet Nam.

Here's a brief history of the development of Prudential from its inception:

The year 1848
Prudential was founded on 30 May 1848 in Hatton Garden, London, United Kingdom. The company was founded with the name of "Prudential Mutual Assurance Investment and Loan Association" with the core business of life insurance and loans for middle-class economy in the United Kingdom at the time.

The year 1854
After doing business at Prudential mengengah class do a bold step to open a new type of insurance the insurance industry, which is addressed to the workers of the industry. Where a premium on starting from 1 Penny. Prudential was the first to develop the insurance business with his Agent Agent selling insurance Door to Door. This insurance in the Pack along with an attractive Investment, and efficient administration process.

The year 1856
The first time introduce by Prudential A Polis Printed about Prudential Insurance conditions.
This new product opens up a tremendous market for Prudential Insurance business.

The year 1860
Prudential Insurance Company Acquires its largest rival, "The British Industrial Life Assurance Company" and changed its name to "The British Prudential Assurance Company."

The year 1865
Prudential Insurance Company acquires back his Rival "The Consolidated Life Assurance Company". And make Prudential as the largest insurance company in the United Kingdom the year 1860, and Prudential is now known as, "the Prudential Assurance Company"

The year 1871
To meet the growing number of administrative jobs Prudential began hiring labor administration women – which is not yet common in doing in the United Kingdom at that time.
The premium income of the Prudential increased sharply as proof of the strong image of the company and the trust of the community. From £1,836 in the year 1851, becoming £52.009 in 1861 and £348.975 in 1871.
Prudential can build the trust of British society in just 20 years.

The year 1879
Prudential moved his Office onto Holborn Bars to build a large Office for the sake of keeping his image. The Office in the design by a famous architect Alfred Waterhouse the United Kingdom is also famous as the architect of the Natural History Museum in the United Kingdom.
This building is a symbol of the status of the Prudential as an insurance company the biggest in the United Kingdom.

The year 1881
Prudential officially became a limited liability company. Or limited liability company

The year 1901
The establishment of M & G, Municipal and General Securities Company which is the group of Civil and Constructional Engineering Company White Drummond.

The year 1919
For the first time Prudential into a general insurance company Prudential which sell a variety of insurance products, such as: fire, accident, Property, vehicles and others.

The year 1921
Prudential opens a branch office in France, which is the first step to become an international scale company. The Office of the Office of the Agency started in pitch throughout the world. And in 1930 in the first major branch office opening that operate Independently.
The Office of the Agency was also on the pitch in India, Canada, Australia, Africa, Asia, the far East and Malaysia.

The year 1924
The Prudential Assurance Company Limited first listed on the London Stock Exchange in 1924.

The year 1926
Advertising and Brand Imaging is starting to do seriously. In the create a special Department for that. The Department is tasked to keep the Prudential brand Images around the world and also to assist in disseminating the product prudential who continue in develop.

The year 1929
Group pensions introduces for the first time. As a new product, which provides security and welfare for the aged is not productive.

The year 1931
Mutual Fund and investment company M & G on the pitch. This company is the first Asset Management company that is in the United Kingdom. First time investing in the shares of 24 companies are the best in the UK.
The idea of making this company came after the fall of the wall street stock exchange in 1929.

The year 1940
The entire staff and the activities of the Office in a move to Turkey during the war

The year 1949
First time in familiar terms, "The Man From the Pru". This image is so effective at that time. Prudential managed to make the image an insurance agent is a respectable job.

The year 1961
The Office of the Jackson National Life's first open in Jackson, Michigan USA.

The year 1986
In 1986, Prudential acquires American insurance company of Jackson National Life.

The year 1997
In 1997, Prudential acquired Scottish Amicable, the business originally founded in 1826 in Glasgow as "the West of Scotland Life Insurance Company".

The year 1998
In 1998, Prudential set up "Egg", internet bank in the United Kingdom. The subsidiary reached 550,000 customers within nine months but has difficulty achieving profitability. In June 2000 initial public offering of 21% was made to allow for further growth of the internet business but in February 2006 Prudential decided to buy back the stock 21% "Egg". "Egg" was later sold to Citibank in January 2007.

The year1999
In 1999, M & G, the Fund management company UK, was acquired.

The year 2000
In June 2000, the company was first listed on the New York Stock Exchange to help focus on the U.S. market.

6. UnitedHealth Group

UnitedHealth Group

Country Of Origin: United States

Year established: 1977

Head Office: Minnetonka, Minnesota

Key Figures: Richard T. Burke, Stephen J. Hemsley

Revenue: US $184,8 billion (2016)

Total assets: US $122.8 billion (2016)

UnitedHealth Group is currently divided into two platform businesses, namely, UnitedHealthCare and Optum. In 2011, the company was awarded as the best company in the field of health insurance for workers, although in the previous year the company made no top list of health insurance companies.

Continued success in the year 2012, the company successfully acquired all assets of XLHealth which have special insurance specifications for customers who have a serious illness

7. Munich re Group

Munich re Group

Country Of Origin: Germany

Year established: 1880

Head Office: Munich

Key Figures: Joachim Wenning, Bernd Vw

Revenues: €48.9 billion (2016)

Total Assets:-

Munich Regroup is also one of the largest insurance companies in the world with a total of workers reach 43,428 people. Most of the activities of the insurance company is run subsidiary ERGO Insurance Group. This one insurance company can serve insurance ranging from objects such as boats, motors, and health.

8. Assicurazioni Generali

Asuransi Assicurazioni Generali

Country Of Origin: Italy

Year established: 1831

Head Office: Trieste

Key figures: Gabriele Galateri di Genola, Philippe Donnet, Luigi Panizza, Sandro Lubelli, Timothy Ryan

Revenues: €66 billion (2013)

Total assets: €508 billion (2013)

Assicurazioni Generali is the insurance companies that have a market segment in Europe, especially in Italy. This company not only serve the health insurance, but also other types of insurance, such as houses, cars, and work accident. The number of workers reached 77,000 worldwide and has more than 65 million customers in various parts of the world.

9. Japan Post Holdings

Asuransi Japan Post Holdings

Country Of Origin: Japan

Year established: 2006

Head Office: Tokyo

Key Figures: Masatsugu Nagato

Revenue: US $129,686 billion (2014)

Total assets: US $2,467 billion (2014)

The insurance company has assets of about 80.49% Government-run Japan. The main focus is not just in health insurance, but rather serve the deposits, lending, and securities. The number of worker-owned Japan Post Holdings if compared to other insurance companies can be said to be the biggest since the number of workers reached 229,421 people.

10. Allianz

Asuransi Allianz

Country Of Origin: Germany

Year established: 1890

Head Office: Munich

Key Figures: Oliver Bate, Helmut Perlet, Maximilian Zimmerer

Revenues: €95.76 billion

Total assets: €848.9 billion

In addition to serving the health insurance, Allianz also has service in the field of asset management. Allianz currently has customers in more than 70 countries in the world. Allianz Insurance products offered vary greatly, both for the individual and the company directly.

History Of The Company

1.   Allianz Group                                                                   
Allianz is one of the largest companies located in many places in the world, engaged in the insurance and asset management services. Allianz was founded in 1890 in Germany and is a highly experienced company and has a strong financial position. Allianz currently operating in more than 70 countries worldwide and serves more than 76 million customers around the world. Allianz provides protection and service to the customer, where half of the clients including Fortune 500 companies in the category.
In the year 2010, the Allianz Group scored total revenues over 106.5 billion euros. Allianz is the largest asset management company with third-party managed assets of 1,164 billion euros at the end of 2010. In September 2006, the merger deal has ditanda signed between Allianz AG and RAS Holding S.p. a., and then Allianz AG changed its name to Allianz SE (Societas Europaen) a European company. Following the procedure of registration in Italy and Germany, on October 16, 2006 Allianz SE officially became the first company listed on the DJ EURO STOXX 50 Index.

2.  Allianz in Asia Pacific
Asia Pacific is one of three regional growing rapidly in Allianz. With a wealth of cultures, languages and customs of the diverse are the characteristics of this regional. Allianz is present in Asia Pacific in 1917, on the coast of China by providing fire insurance and insurance of freight.
In Asia Pacific, Allianz is present in 15 markets with the main focus of its business on general insurance, life and health, and asset management. With more than 14,500 staff, Allianz serves the needs of more than 21.5 million customers in the region. Allianz's ability to adapt quickly to local needs becomes the key to success.

3.   Allianz in Indonesia
Allianz is present since the year 1981 through its representative office in Jakarta. Year 1989, PT Asuransi Allianz Utama Indonesia officially operate in the field of providing services of general insurance. In 1996, Allianz Insurance services in equipping the Indonesia by establishing the PT Asuransi Allianz Life Indonesia engaged in the life insurance, health and pension funds. In 2006, the two companies started Syariah insurance business.
In 2007, Allianz Indonesia introduced the Allianz Center as a concept of One Stop Solutions, where the customer & agent Allianz can get our insurance services in one place. Allianz Center has been operating in Jakarta, Surabaya, Bandung and Denpasar. Now, together, Allianz Indonesia present in 44 cities with 80 points of service, supported by more than 14.000 agents, with about 1.000 employees and a solid banking partners to serve our clients. Allianz Indonesia insurance provides solutions from A – Z.
In the year 2010, Allianz Indonesia which consists of Allianz and Allianz Life Indonesia scored a total gross premiums (Gross Written Premium/GWP) amounting to Rp 5.6 trillion. At present, Allianz Indonesia being one of the market leaders that is believed to serve more than 1.8 million customers from both the individual and the group.
From April 2011, Central Office of Allianz in Jakarta have been building new Allianz Tower in South Jakarta's Kuningan Persada area Allianz tower built by observing the principles of environmentally friendly as the real form of the commitment of the Allianz towards environmental sustainability.

  • PT Asuransi Allianz Utama Indonesia

Standing on December 21, 1989, Allianz's main presence in Indonesia provide solutions general insurance namely insurance of motor vehicles, property, engineering, transportation and insurance of various (libility & casuality) both conventional and Sharia for serving the needs of individual clients, business insurance small medium enterprises (SMEs) and for cooperatives/industry.

  • PT Asuransi Allianz Life Indonesia

logoAllianz Life Indonesia established on August 16, 1996 to provide life and health insurance solutions to conventional and Sharia for individual clients, as well as employee welfare programs and pension funds for customers koprasi.                                             

  • Network Marketing

In providing services, Allianz Life supported by more than 14,000 salespeople through Allianz Star Network (ASN) spread over 80 marketing offices located in 43 cities across Indonesia, ranging up to Banda Aceh Jaya pura, In addition, supported also by the Account Executive, as well as partnering with brokers-brokers (Insurance Consultants) the leading insurer in Indonesia and Telemarketing.

  • Business Partners

Through the partnership of bancassurance, Allianz Life partnership with a leading banking institutions ANZ among others, SHORT BTPN, Chinatrust. Danamon, economy, HSBC, NISP, gems, RBS, Citibank, Standard Chartered Bank, Bank Muamalat.


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