PT Malacca Trust Wuwungan Insurance Tbk
IIDX:MTWI272.00
IDR
-20.00
(-6.85%)
ISIN
ID1000140700
Return %
Stock
S&P 500
1Y
-24.02
14.20
3Y
235.80
81.12
5Y
147.41
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Vientje Harijanto
- Full Time Employees
- 145
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Chase Plaza Jakarta JK Indonesia 12920
- IPO Date
- Oct 11, 2017
- Website
- mtwi.co.id
- Similar Companies
- Business
- PT Malacca Trust Wuwungan Insurance Tbk (MTWI.JK) operates as a general insurance company in Indonesia, providing a range of non-life insurance products including health, fire, motor vehicle, cargo, marine hull, property all risk, travel, freight, home contents micro, movable property, and personal accident insurance; as well as liabilities, engineering, and miscellaneous insurance products. The company also engages in rental property operations. Founded in 1952 as PT Asuransi Wuwungan and headquartered at Chase Plaza, 7th Floor, Jl. Jend. Sudirman Kav. 21, Jakarta Selatan, Indonesia, MTWI serves individual and business customers primarily in the domestic market through its general insurance and ancillary segments. It functions as a subsidiary of PT Batavia Prosperindo Internasional Tbk, part of the Singapore-based Malacca Trust Group. In recent years, MTWI listed its shares on the Indonesia Stock Exchange via an initial public offering in 2017, following its acquisition by Malacca Trust Limited in 2011 through PT Batavia Prosperindo Internasional and PT Batavia Prosperindo Finance. The company reported robust financial growth, including a 518% surge in net profit to IDR 75.64 billion for full-year 2024 driven by underwriting income rising 108% to IDR 304.66 billion on gross premiums of IDR 1.69 trillion, alongside total assets expanding 223% to IDR 2.56 trillion. Continuing this momentum into 2025, MTWI achieved net profits of IDR 49.1 billion in the first half (up 36% year-over-year) and IDR 63.5 billion in the first nine months (up 28% year-over-year), reflecting sustained underwriting strength and operational enhancements.