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    Insurance - Life
PT MSIG Life Insurance Indonesia Tbk

PT MSIG Life Insurance Indonesia Tbk

LIFE.JK
PT MSIG Life Insurance Indonesia TbkID flagIndonesia Stock Exchange
5,975.00
IDR
+100.00
- -
12.55TMarket Cap
PT MSIG Life Insurance Indonesia Tbk
LIFE.JK
(Indonesia Stock Exchange)

Recent

price

5,975.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
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
1,476.48
Revenue per Share
195.31
216.97
163.11
107.62
157.59
35.15
175.13
60.23
176.99
98.2
142.79
Basic EPS, GAAP
-16.6
-19.02
-4.54
-2.9
-2.69
-9.76
-5.47
-5.22
-7.96
-19.72
-12.63
Free Cash Flow per Basic Share
- -
49.92
523.81
142.65
74
243
34
177
38
160
- -
Dividend per Share
513.18
671.67
179.37
257.72
414.12
205.08
281.68
550.18
693.7
644.29
586.68
Book Value per Share
3,791.97
4,139.47
3,429.76
2,913.26
3,829.44
3,600.18
3,655.78
3,886.56
4,002.25
4,042.87
3,957.32
Tangible Book Value per Share
2,100
2,100
2,100
2,664
2,100
2,100
2,100
2,100
2,100
2,100
2,100
Basic Weighted Avg Shares
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
3,100,615
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
37,455
24,120
23,537
33,430
43,195
38,778
35,110
37,184
24,132
- -
9,627
Depreciation Expense
410,154
455,635
342,536
286,684
330,939
73,824
367,773
126,488
371,689
206,228
299,857
Net Income, GAAP
15.42
13.89
13.73
18.27
18.18
46.98
14.2
36.47
15.99
26.77
26.56
Effective Tax Rate (%)
5.57
8.75
6.82
6.45
7.61
1.83
10.76
3.66
17.76
6.81
9.67
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
34,054
9,641
967
6,235
- -
- -
- -
LT Debt
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
8,321,232
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
36.62
38.33
53.93
42.53
11.35
71.96
14.48
28.46
14.68
36.25
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
6,876
6,818
2,431
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,100
2,100
2,100
Market Capitalization
15,225,000
14,385,000
13,597,500

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
8,517,444
8,736,363
8,890,334
Accounts Receivable, Net
1,136
170,851
1,159
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
6,876
6,818
2,431
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
1.21%
1.12%
Free Cash Flow
- -
83.02%
147.86%
Net Income, GAAP
- -
80.84%
-44.52%
Sales/Revenue/Turnover
- -
-3.24%
44.67%
Total Cash Common Dividend
- -
161.1%
321.05%

Quarterly Revenue

FRC

•

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
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
41.46
- -
- -
- -
176.99
2025
2.29
- -
- -
- -
98.2
2026
35.45
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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