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    Finance

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    Life/Health insurance
PT MSIG Life Insurance Indonesia Tbk

PT MSIG Life Insurance Indonesia Tbk

IIDX:LIFE
9,200.00
IDR
-125.00
(-1.34%)
145.54EPS
40.02P/E
12.23TMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3,507.16
2,478.58
2,393.01
1,669.28
2,072
1,923.44
1,628.25
1,646.97
996.53
1,441.65
1,191.47
Basic EPS, GAAP
195.31
216.97
163.11
107.62
157.59
35.15
175.13
60.23
176.99
98.2
145.54
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
49.92
523.81
142.65
74
243
34
177
38
160
- -
Book Value per Share
3,791.97
4,139.47
3,431.67
3,697.94
3,832.06
3,603.63
3,659.32
3,890.04
4,007.6
4,052.57
3,901.47
Tangible Book Value per Share
3,791.97
4,139.47
3,429.76
3,695.45
3,829.44
3,600.18
3,655.78
3,886.56
4,002.25
4,042.87
3,888.81
Basic Weighted Avg Shares
2,100
2,100
2,100
2,664
2,100
2,100
2,100
2,100
2,100
2,100
2,100
Sales/Revenue/Turnover
7,365,046
5,205,016
5,025,315
4,446,679
4,351,203
4,039,231
3,419,331
3,458,632
2,092,711
3,027,463
2,502,079
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
37,455
24,120
23,537
33,430
43,195
38,778
35,110
37,184
24,132
- -
- -
Net Income, GAAP
410,154
455,635
342,536
286,684
330,939
73,824
367,773
126,488
371,689
206,228
305,641
Effective Tax Rate (%)
15.42
13.89
13.73
18.27
18.18
46.98
14.2
36.47
15.99
26.77
23.91
Profit Margin (%)
5.57
8.75
6.82
6.45
7.61
1.83
10.76
3.66
17.76
6.81
12.22
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
34,054
9,641
967
6,235
- -
- -
- -
Total Equity
7,963,143
8,692,896
7,206,499
7,765,675
8,047,323
7,567,616
7,684,570
8,169,077
8,415,964
8,510,391
8,193,081
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
5.47
4.31
3.83
4.18
0.94
4.81
1.59
4.47
2.43
3.85
Return on Common Equity (%)
- -
5.47
4.31
3.83
4.19
0.95
4.82
1.6
4.48
2.44
3.85

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
15,453
13,190
11,136
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,100
2,100
2,100
Market Capitalization
16,065,000
15,120,000
12,232,500

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
9,612,704
9,081,420
9,191,683
Accounts Receivable, Net
4,728
5,195
2,465
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
15,453
13,190
11,136
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
1.21%
1.12%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
80.84%
-44.52%
Sales/Revenue/Turnover
- -
-3.24%
44.67%
Total Cash Common Dividend
- -
161.1%
321.05%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,048,771
606,278
1,119,551
949,329
2,092,711
2025
488,926
542,809
- -
832,226
3,027,463
2026
559,316
567,728
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
41.46
30.44
38.63
56.83
176.99
2025
2.29
45.03
- -
14.51
98.2
2026
35.45
50.55
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
38
2025
- -
- -
- -
- -
160
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Wianto Chen
Full Time Employees
478
Sector
Finance
Industry
Life/Health insurance
Address
Sinarmas MSIG Tower Jakarta JK Indonesia 12920
IPO Date
Jul 9, 2019
Website
msiglife.co.id
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Business
PT MSIG Life Insurance Indonesia Tbk provides life insurance products and services to individual and group customers throughout Indonesia. Founded in 1984 and headquartered in Sinarmas MSIG Tower, Jl. Jenderal Sudirman Kav. 21, South Jakarta, the company operates through 65 offices serving approximately 1.2 million customers; it functions as a subsidiary of Mitsui Sumitomo Insurance Co., Ltd. of Japan. Core offerings encompass term insurance, endowment insurance, whole life insurance, and health insurance including personal accident, medical, and Medika Ultimax products; unit-linked protection and life insurance such as Smart Life Guard, SMiLe Berkat, Income Protection X-tra, Bank Sinarmas, Bank Bukopin, SMiLe Dana Sejahtera, and SMiLe Pro Infinite; group insurance; education and pension insurance; Sharia-compliant insurance; and bancassurance distribution channels. In July 2023, the company rebranded from PT Asuransi Jiwa Sinarmas MSIG Tbk, relocated its headquarters from central Jakarta to south Jakarta, and amended its articles of association accordingly. As of 2025, PT MSIG Life Insurance Indonesia Tbk plans to separate its Sharia business unit in compliance with Otoritas Jasa Keuangan Regulation No. 11/2023 by establishing PT MSIG Sharia Life Insurance Indonesia as a new subsidiary, followed by the transfer of its entire Sharia participant portfolio upon regulatory approval.