back issue

6 Insurance Directory of Asia 2013

10 Foreword

12 Preface & Users’ Guide

21 Australia General Country Information, Supervisory Authority, Associations, Educational

and Insurance Institutions, Companies

43 Bangladesh General Country Information, Supervisory Authority, Association, Educational

and Insurance Institution, Companies

59 Brunei Darussalam General Country Information, Supervisory Authority, Association, Companies

67 Cambodia General Country Information, Supervisory Authority, Association, Companies

73 China General Country Information, Supervisory Authority, Associations, Educational


105 Fiji General Country Information, Supervisory Authority, Educational and Insurance

Institution, Companies

111 Guam General Country Information, Supervisory Authority, Companies

117 Hong Kong General Country Information, Supervisory Authority, Associations, Educational


147 India General Country Information, Supervisory Authority, Associations, Educational


169 Indonesia General Country Information, Supervisory Authority, Associations, Educational


211 Japan General Country Information, Supervisory Authority, Associations, Educational


235 Korea General Country Information, Supervisory Authority, Associations, Educational


249 Laos General Country Information, Supervisory Authority, Companies

255 Macau General Country Information, Supervisory Authority, Associations, Educational


CONTENTS

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CONTENTS

263 Malaysia General Country Information, Supervisory Authorities, Associations, Educational


299 Myanmar General Country Information, Companies

303 Nepal General Country Information, Supervisory Authority, Association, Companies

315 New Zealand General Country Information, Associations, Educational and Insurance Institution,

Companies

327 Pakistan General Country Information, Supervisory Authority, Association, Educational


339 Papua New Guinea General Country Information, Supervisory Authority, Companies

345 Philippines General Country Information, Supervisory Authority, Associations, Educational


385 Singapore General Country Information, Supervisory Authority, Associations, Educational


421 Sri Lanka General Country Information, Supervisory Authority, Association, Educational


431 Taiwan General Country Information, Supervisory Authority, Associations, Educational


451 Thailand General Country Information, Supervisory Authority, Associations, Educational


485 Timor–Leste General Country Information, Supervisory Authority, Association, Companies

489 Vietnam General Country Information, Supervisory Authority, Association, Companies

501 Service Providers

509 List of Advertisers

510 Index

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Sponsored by:

China

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75Insurance Directory of Asia 2013

General InformationLand Area 9,569,901 sq km.Climate Extremely diverse; tropical in south to subarctic in north.Capital Beijing.Form of Government Communist state.Chief of State President HU Jintao.Head of Government Premier WEN Jiabao.Population (July 2012 est) 1,343,239,923.Population Growth Rate (2012 est) 0.481%.Ethnic Composition (2000 census) Han Chinese 91.5%, Zhuang, Manchu, Hui, Miao, Uyghur, Tujia, Yi, Mongol, Tibetan, Buyi, Dong, Yao, Korean, and other nationalities 8.5%. Religious Affiliation (2002 est) Daoist (Taoist), Buddhist, Christian 3%-4%, Muslim 1%-2%.Birth Rate (2012 est) per 1,000 population 12.31 births.Death Rate (2012 est) per 1,000 population 7.17 deaths. Infant Mortality Rate (2012 est) per 1,000 live births 15.62 deaths.Life Expectancy at Birth (2012 est) Male 72.82 years; Female 77.11 years.

EconomyMonetary Unit RMB1 (Renminbi) = 10 jiao = 100 fen. Exchange Rate (10 July 2012) US$1 = RMB6.36824 (Renminbi).GDP purchasing power parity (2011 est) US$11.29 trillion.GDP per capita (2011 est) US$8,400.

TransportRailroads (2009) Length 86,000 km.Highways (2009) Total length 3,860,800 km.Airports with paved runways (2010) 442.Airports with unpaved runways (2010) 60.

EducationEducational Attainment (2007) Age 15 and over can read and write: Total population: 92.2%; Male: 96%; Female: 88.5%.

Telephone Dialling CodesCountry Code 86

Area CodesBeijing 10 Nanjing 25 Fuzhou 591 Shanghai 21 Guangzhou 20 Shenzhen 755 Hefei 551 Xiamen 592 Jinan 531

CHINA

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Market OutlookStandard & Poor’s Ratings Services revised the outlook on China’s non-life insurance industry to stable from positive in April 2012. The stable outlook reflects our expectation of a potential economic slowdown and the deregulation of premium rates for motor insurance in 2012. Further, insurers’ claims are likely to rise significantly over the next two years. That’s because, under revised regulatory guidelines, insurers now need to pay upfront for third-party claims before seeking recovery from insurance companies responsible for claims related to damaged cars. This practice is in line with international practices. We expect these factors to offset insurers’ generally improved financial profiles over the past three years. The improvement was a combined result of key companies’ higher focus on profitability rather than market share, and their enhanced risk-management and solvency provisions in line with regulatory requirements. However, capital markets remain tight, reflecting the continued – albeit slower – economic slowdown and industry expansion. The non-life insurance industry in China remains competitive, with high market-share concentration at several leading insurance companies. Although the regulator intends to de-tariff the market, companies that are allowed to free float their rates still have profit considerations. As a result, we expect the potentially massive fall in premium rates to be limited, and don’t expect overall industry performance to deteriorate significantly or relive the heavy pricing wars of past years. However, some new starters or smaller companies that have weak market positions may suffer from underwriting losses due to the absence of economies of scale. Other key challenges for the non-life insurance industry

include insurers’ increasing risk profiles resulting from unexpected natural disasters and other emerging exposure, together with relatively high information risks. The negative outlook on China’s life insurance sector, revised from stable in July 2012, reflects the market’s weakening capitalization and projected lower growth in the next one-to-two years. Its weakening capitalization reflects the life insurers’ rapid expansion and the volatile capital market in recent years. Given life insurers’ reduced solvency margins and uncertainty in the development of the capital market, we expect capitalization levels to be less than adequate if China’s economy endures a hard landing. In our view, a product shift to higher-margin regular premium products from lower-margin single premium products could enhance the profitability of the life insurers in the long run, although the insurers would need to suffer lower premium growth in the short term. We expect China’s favorable economy and lower insurance penetration would support the long-term growth of the industry. Ongoing regulatory initiatives have had a significant impact on the Chinese insurance industry. They are addressing solvency and risk-management issues, and providing guidance on best practices. We regard these regulatory initiatives as positive for the market. But heavy regulations – such as some prescriptive requirements in reserving and pricing – may deter companies from some operations. Factors that have contributed to higher industry risk in China than in other regional markets include insurers’ less-developed risk-management framework and low capitalization as a result of past rapid growth. Although the regulator has tightened insurers’ risk-control requirements, most companies

ChinaSovereign Ratings

Foreign Currency: AA-/Stable/A-1+Local Currency: AA-/Stable/A-1+

Greater China scale: cnAAA/cnA-1+

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China – Rated Insurers

Company NameInsurer Financial Strength Ratings

OutlookGreater

China Scale

Non-Life Insurers

Federal Insurance Co. Shanghai AA Stable

Lloyd's Insurance Co. (China) Ltd. A+ Stable

Mitsui Sumitomo Insurance (China) Co. Ltd. A Stable cnAA+

Ping An Property & Casualty Insurance Co. of China Ltd.

A Stable cnAA+

Samsung Property & Casualty Insurance Co. (China) Ltd.

A Stable cnAA+

Sompo Japan Insurance (China) Co. Ltd. A Stable

Tokio Marine & Nichido Fire Insurance Co. (China) Ltd

A Stable cnAA+

Life Insurers

China Life Insurance Co. Ltd AA- Stable cnAAAAbove ratings are current as of June 29 2012. Please note that ratings may change at any time and refer to the most updated

rating on our website: www.standardandpoors.com. For ratings definitions, please refer to page 14.

Information relating to Standard & Poor’s Ratings must be read in conjunction with the disclaimer on page 18.

still have unsupported historical data and low sophistication in risk-management. Additionally, high operating risks within large insurers can be an issue even after regulatory controls and internal development. Rapid industry expansion will challenge companies that have weak financial profiles and lower risk controls. The top insurers may

also face capital pressure during their robust growth. But, in our opinion, the companies have sufficient financial flexibility to prevail, given their dominant access to the local capital market. The majority of the top insurers already have regulatory approval to finance via issuing subordinated debt.

Analytical Contact: Commercial Contact:Connie Wong Hong Shan ChenManaging Director-Analytical Manager Client Business ManagementEmail: [email protected] Email: [email protected]: +65-6239 6353 Phone: +86-10-6569 2912

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Insurance Directory of Asia 201378

China

Supervisory Authority

China Insurance Regulatory Commission (CIRC)

Business AddressNo. 15, Financial Street, Xicheng District, Beijing 100 140, China

Tel: 86-10-6628 6688 Fax: 86-10-66011869 (Foreign Dept)Email: [email protected]: www.circ.gov.cn

Key PersonnelMr Xiang Jun-Bo (Chairman) Mr Li Ke-Mu (Vice Chairman) Mr Zhou Yan-Li (Vice Chairman) Mr Chen Xin-Quan (Secretary) Mr Chen Wen-Hui (Vice Chairman)

Insurance Associations

China Association of Actuaries

Business AddressRoom 403, Xinmao Building, No. 15, Financial Street, Xicheng District, Beijing 100 033, China

Tel: 86-10-6655 5664 Fax: 86-10-6655 5884Website: www.e-caa.org.cn

Key PersonnelMr Wei Ying-Ning (President) Mr Wan Feng (Vice President & Executive Director) Mr Wang Yin-Cheng (Vice President & Executive Director) Mr Li Ming-Guang (Secretary-General & Executive Director)

Executive DirectorsMr Ding Chang Mr Ding Peng Mr Wang De-Sheng Ms Li Xiu-Fang Mr Li Zheng-Huai Mr Yang Zhi-Cheng Mr Shen Cheng-Fang Mr Zhuo ZhiMs Lin Hong Mr Zheng Yun-Yu Mr Zhao Xia-QiangMr Gong Xing-FengMs Zhan Zhao-LanMr Wei Ying-Ning

Insurance Association of China

Business Address7th Floor, Xinmao Building, No. 15, Financial Street, Xicheng District, Beijing 100 140, China

Tel: 86-10-6629 0333 / 0327 Fax: 86-10-6629 0331 / 0335Email: [email protected]: www.iachina.cn

Board of DirectorsMr Jin Jian-Qiang (President) Mr Wang Zhi-Chao (Secretary-General) Mr Wang Yin-Cheng (Vice President) Mr Wan Feng (Vice President) Mr Lin Fan (Vice President) Mr Wang Yi (Vice President) Mr Ren Hui-Chuan (Vice President) Mr Jin Wen-Hong (Vice President) Mr Zhang Wei-Gong (Vice President) Mr Chen Don-Sheng (Vice President)

Educational and Insurance Institution

Insurance Institute of China

Business Address7th Floor, Xinmao Building, North Tower, No. 15, Financial Street, Beijing 100 033, China

Tel: 86-10-6629 0379 / 0392 Fax: 86-10-6629 0378Email: [email protected]: www.iic.org.cn

Key PersonnelMr Wu Dingfu (Honorary Chairman) Mr Sun Pei-Cheng (Chairman) Mr Zhu Jiang-Ping (Vice President & Secretary-General)

Composite Company

Ping An Insurance (Group) Company of China, Ltd

Business AddressGalaxy Development Centre, No. 3, Fu Hua Road, Futian District, Shenzhen 518 048, Guangdong Province, China

Tel: 86-400-886 6338 Fax: 86-755-8243 1029Email: [email protected]: www.pingan.com

Incorporated 1988 / China

Classes WrittenMain Business: Insurance, Banking, Investment

Substantial ShareholdersHSBC Holdings plc (16.8%)

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China

Chairman & Chief Executive Officer: Dr Peter Ma Mingzhe

Senior ManagementMr Alex Ren Huichuan (President) Mr Sun Jianyi (Executive Vice President & Vice Chief Executive Officer) Ms Wang Liping (Senior Vice President) Mr Jason Yao Bo (Senior Vice President & Chief Financial Officer) Mr Ku Man (Senior Vice President) Mr Lee Yuansiong (Senior Vice President & Chief Insurance Business Officer) Mr Cao Shifan (Senior Vice President) Mr Lo Sai Lai (Senior Vice President & Chief Information Officer) Mr Chen Kexiang (Senior Vice President) Ms Ip So Lan (Senior Vice President & Chief Internal Auditor) Mr Gregory D Gibb (Senior Vice President & Chief Innovation Officer) Mr Jin Shaoliang (Secretary of the Board & Investor Relations Officer) Mr Cheung Chun Tong (Chief Actuarial Officer)

Share Capital (at 31 Dec 2010)Total Equity RMB116,880,000,000

Financial Year End: December Financial Indicators in RMB’000 Year 2010 Total Assets 1,171,630,000

General Companies

Aioi Nissay Dowa Insurance (China) Company Limited

Business AddressUnit 1601, No. 2 Dagu North Road, Tianjing Financial Tower, Heping District, Tianjing 300 005, China

Tel: 86-22-2332 0060 Fax: 86-22-2332 0061Website: www.aioinissaydowa.cn


Allianz China General Insurance Company Ltd

Business AddressRooms 5107-08, CITIC Plaza, No. 233 Tianhe Beilu, Guangzhou 510 613, China

Tel: 86-20-3891 1889 Fax: 86-20-3891 1890Email: [email protected]: www.allianz.cn


Classes WrittenGeneral: Accident, Aviation, Casualty, Engineering,

Healthcare, Marine Cargo, Motor, Fire,

Liability, Marine Hull, Surety

Substantial ShareholdersAllianz Group (100%)

Senior ManagementMr Klaus Voeste (Chief Executive Officer) Mr Wise Liang (Director, Underwriting) Mr Grant Zhu (Director, Finance & Accounting) Mr David Ye (Director, Customer Service & Claim Service) Ms Eileen Qiu (Director, Human Resource) Mr Muhammad Ibrahim (Director, Information Technology) Mr Oliver Klug (Risk Management Manager) Mr Bill Song (Project Manager)

Head OfficeAllianz SEKöniginstraße 28, D-80802 München, Germany

Tel: 49-89-3800 0 Fax: 49-89-3800 941Email: [email protected]: www.allianz.com

Allianz SE Beijing Representative Office

Business AddressC211, Beijing Lufthansa Center, 50 Liangmaqiao Road, Chaoyang District, Beijing 100 125, China

Tel: 86-10-6463 8052 Fax: 86-10-6463 8056Email: [email protected]: www.allianz.com.cn


Classes WrittenGeneral Insurance

Board of DirectorsDr Benno Freiherr von Canstein (Chief Representative) Mr Zhang Yannan (Representative)

Head OfficeAllianz SEKöniginstraße 28, D-80802 München, Germany

Tel: 49-89-3800 0 Fax: 49-89-3800 941Email: [email protected]: www.allianz.com

Regional OfficeAllianz Insurance Management Asia Pacific Pte Ltd3 Temasek Avenue, #09-01 Centennial Tower, Singapore 039 190

Tel: 65-6297 2529 Fax: 65-6297 1956Website: www.allianz.com.sg

Regional Office - Senior ManagementMs Gesa Walter (Regional General Manager Corporate Communications)

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China

Reinsurance Companies

BEST RE (L) Limited - Beijing (Contact Office)

Business Address1860A, Beijing Sunflower Tower, No. 37, Maizidian Street, Chaoyang District, Beijing 100 125, China

Tel: 86-10-8527 5788 Fax: 86-10-8527 5787Email: [email protected]: www.best-re.com

Senior ManagementMs Shi Tingting (Representative, China)

China Life Reinsurance Company LtdProfessional Life Reinsurer

Business Address15-16th Floors, China Reinsurance Building, No. 11 Jinrongdajie Street, Xicheng District, Beijing 100 140, China

Tel: 86-10-6657 6366 Fax: 86-10-6657 6363Website: www.chinalifere.cn/en


Substantial ShareholderChina Reinsurance (Group) Corporation (99.9998%)

China Property & Casualty Reinsurance Company LtdHead Office

Business AddressChina Re Building, No. 11, Jinrong Street, Xicheng District, Beijing 100 033, China

Tel: 86-10-6657 6188 Fax: 86-10-6655 3688 / 3686Website: www.cpcr.com.cn

Substantial ShareholdersChina Reinsurance (Group) Corporation, LtdSun Hung Kai Properties Insurance LtdShanghai Yida Technology Investment Co, LtdShanghai Xinhuawen Investment Company, Ltd

Hannover Rückversicherung AG Shanghai BranchProfessional Reinsurer – Branch Office

Business AddressSuite 3307, China Fortune Tower, 1568 Century Boulevard, Pudong, Shanghai 200 122, China

Tel: 86-21-5081 9585 Fax: 86-21-5820 9396Email: [email protected]: www.hannover-re.com

Classes WrittenLife and Health Reinsurance & Non-Life Reinsurance

Substantial ShareholdersHannover Rückversicherung AG

Senior ManagementMr August Chow (General Manager of Life & Health) Dr Wang Yan (Head of Treaty Business) Mr Xu Jindong (Head of Facultative Business)

Financial Indicators in RMB’000 Year 2009 2010 2011Gross Premium 555,572 1,436,566 3,352,658Net Premium 325,565 995,064 2,588,156Underwriting Profit (14,123) 20,020 (33,673)Technical Reserves 454,092 1,848,340 5,131,355Profit before tax (11,404) 54,168 111,055Total Assets 1,030,055 2,375,484 6,369,744Investment Income 7,392 16,177 108,438

* The above figures are in accordance with IFRS

Head OfficeHannover Rückversicherung AGKarl-Wiechert-Allee 50, 30625 Hannover, Germany

Tel: 49-511-5604 0 Fax: 49-511-5604 1188

Munich Reinsurance Company Beijing Branch

Business AddressRoom 2002, Beijing Yintai Centre, Tower C, No. 2 Jianguomenwai Ave, Beijing 100 022, China

Tel: 86-10-8591 9999 Fax: 86-10-8591 9966Email: [email protected]: www.munichre.com

Classes WrittenNon-Life Reinsurance, Life Reinsurance, Health Reinsurance

Chairman of China Advisory Board: Mdm Wang Zhen

Senior ManagementMr Steven Chang (Chief Executive) Mr Steve Zhang (Managing Director, Life Reinsurance - China) Mr William Bossany (General Manager, Munich Health) Mr Chang Ling Lee (Chief Financial Officer) Ms Judy Cheng (Chief Compliance Officer) Ms Veronika Xue (Head of Human Resource & General Admin)

Head OfficeMünchener Rückversicherungs-GesellschaftKöniginstrasse 107, D 80791 München, Germany

Tel: 49-89-3891 0 Fax: 49-89-399 056Email: [email protected]: www.munichre.com

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Hong Kong

Classes WrittenPersonal Accident, Global Health, TravelGuard, General Liability, Auto, Personal Property, Extended Warranty, Directors & Officers, Professional Liability, Fidelity/Crime, Energy, Marine, Aviation, Property, Fire, Terrorism, Trade Credit, Surety, Multi-line packages for emerging enterprises

Substantial ShareholdersChartis Overseas Limited, Bermuda - a member company of American International Group

Senior ManagementMr Michael Raines (President & Chief Executive Officer) Ms Salina Lai (Senior Vice President & Comptroller) Mr Terence Anderson (Senior Vice President, Commercial Insurances) Mr Paul Wong (Head of Accident & Health) Ms Anna Chan (Head of Personal Lines) Mr Ricky Kan (Head of Agency Distribution) Mr Des Walsh (Head of Claims Services)

Head OfficeChartis Inc175 Water Street, New York, NY 10038, United States of America

Tel: 1-212-770 7000 Fax: 1-212-770 9453Website: www.chartisinsurance.com

Regional OfficeChartis Asia Pacific Pte LtdChartis Building, 78 Shenton Way #11-16, Singapore 079 120

Tel: 65-6319 7700 Fax: 65-6634 0419Website: www.chartisinsurance.com

Regional Office - Senior ManagementMr Leslie J Mouat (Chairman) Mr Jose Hernandez (Regional President)

Chevalier Insurance Company Limited

Business Address22/F, Chevalier Commercial Centre, 8 Wang Hoi Road, Kowloon Bay, Hong Kong

Tel: 852-2312 1818 Fax: 852-2312 0818Email: [email protected]: www.chevalier-insurance.com

Incorporated 1996 / Hong Kong

Classes WrittenGeneral: Accident, Engineering, Healthcare, Marine

Cargo, Motor, Bonds, Fire, Liability, Marine Hull

Substantial ShareholdersChevalier International Holdings Limited

China BOCOM Insurance Co, Ltd

Business Address16th Floor, Bank of Communications Tower, 231-235 Gloucester Road, Wanchai, Hong Kong

Tel: 852-2591 2938 Fax: 852-2831 9192Website: www.cbic.hk

Classes WrittenGeneral: Motor, Workmen’s Compensation

China Merchants Insurance Company Limited

Business Address18th Floor, China Merchants Tower, Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong

Tel: 852-2890 5940 Fax: 852-2576 2292Email: [email protected]: www.cmihk.net

Classes WrittenGeneral: Motor, Workmen’s Compensation

China Overseas Insurance Limited

Business Address29th Floor, China Overseas Building, 139 Hennessy Road, Wanchai, Hong Kong

Tel: 852-2823 7338 Fax: 852-2865 7545Email: [email protected]: www.cohl.com

China Pacific Insurance Co, (HK) Ltd

Business AddressSuite 4301, 43/F, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong

Tel: 852-2541 4338 Fax: 852-2541 4332Email: [email protected]: www.cpic.com.hk



Healthcare, Marine Cargo, Motor, Energy, Fire, Liability, Marine Hull

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Hong Kong

Top Five Classes Written in HK$’000 (at 2011)Classes Gross % of ownWritten Prem Total PremMotor 324,949 81.38Public Liability 26,913 6.74Property All Risk 22,019 5.51Employees' Compensation 6,644 1.66Marine Cargo 6,361 1.59

Substantial ShareholdersChina Pacific Insurance Group Company Limited (100%)

Chairman: Mr Wu Zong Min

Senior ManagementMr Wang Biao (Chief Executive Officer) Mr Zhao Yang (Deputy General Manager)

Share Capital (at 31 Dec 2011)Authorised Capital HK$250,000,000Paid-up Capital HK$250,000,000

Financial Year End: December Financial Indicators in HK$’000 Year 2009 2010 2011Gross Premium 222,039 280,102 399,277Net Premium 188,058 241,235 353,966Underwriting Profit 19,353 11,177 31,568Technical Reserves 134,505 162,111 222,320Profit before tax 35,020 34,707 53,266Total Assets 561,069 738,571 876,033Investment Income 21,299 28,575 28,525

China Ping An Insurance (HK) Co, Ltd

Business Address17th Floor, Allied Kajima Building, 138 Gloucester Road, Wanchai, Hong Kong

Tel: 852-2827 1883 Fax: 852-2802 0018Email: [email protected]: www.cpaihk.com

China Taiping Insurance (HK) Company Limited(Formerly The Ming An Insurance Co (HK) Ltd)Head Office

Business Address19/F, Ming An Plaza, 8 Sunning Road, Causeway Bay, Hong Kong

Tel: 852-2815 1551 Fax: 852-2541 6567Email: [email protected]: www.hk.cntaiping.com


Classes WrittenAccident, Aviation, Casualty, Engineering, Healthcare, Marine Cargo, Motor, Bonds, Fire, Liability, Marine Hull, Surety

Substantial ShareholdersChina Taiping Insurance Holdings Company

Chairman: Mr Meng Zhao Yi

Senior ManagementMr Liu Shi Hong (Chief Executive Officer) Mr Chan Pui Leung (General Manager) Mr Li Xiao Ming (Deputy General Manager) Mr Sze Nan Fan (Deputy General Manager) Mr Yiu Kwok (Deputy General Manager) Mr Cheng Kan Fai (Deputy General Manager) Ms Ho Kwok Ching (Chief Financial Officer) Mr Dong Sheng Xu (Asst General Manager)

Share Capital (at 31 Dec 2011)Authorised Capital HK$3,000,000,000Paid-up Capital HK$2,586,000,000

Chong Hing Insurance Company Limited

Business Address8/F, Western Harbour Centre, 181 Connaught Road West, Hong Kong

Tel: 852-3768 9200 Fax: 852-3768 9292Email: [email protected]: www.chins.com.hk

CIGNA Worldwide General Insurance Company Limited

Business Address25/F Sunning Plaza, 10 Hysan Avenue, Causeway Bay, Hong Kong

Tel: 852-2560 1990 Fax: 852-2886 3722Email: [email protected]: www.cigna.com.hk


Classes WrittenGeneral: Accident, Healthcare

Head OfficeCIGNA CorporationTwo Liberty Place, 1601 Chestnut Street, PO Box 7716, Philadelphia, PA 19192, United States of America

Tel: 1-215-761 1152 Website: www.cigna.com

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Indonesia

Substantial ShareholdersDana Pensiun Perkebunan

Senior ManagementMr H Basran Damanik (President Director) Mr Buyung Sembiring (Director, Marketing) Mr Ade Zulfikar (Director, Technical) Mr Slamet Solikhun (Director, Finance & Human Resources)

PT Asuransi Jasaraharja Putera (JP Insurance)

Business AddressGedung Wisma Raharja Lt III, Jl TB Simatupang Kav 1, Cilandak Timur, Jakarta Selatan 12560, Indonesia

Tel: 62-21-7884 4444 Fax: 62-21-7884 1234 / 1212 / 0606Email: [email protected]: www.jasaraharja-putera.co.id

Incorporated 1993 / Indonesia


Marine Cargo, Motor, Energy, Fire, Liability, Marine Hull, Surety Bonds

Substantial ShareholdersPT Jasa Raharja (Persero) (93.8%)

President Commissioner: Mr Robino Suharsono

Senior ManagementMr Zayad Ghani (President Director) Mr Zulfianto Arbi (Director, Finance/General & Human Resource) Mr Taufiq Arifin (Director, Marketing) Mr Slamet Riyadi (Director, Technical)

PT Asuransi Jaya Proteksi

Business AddressKEM Tower, 8th Floor, Jl Landasan Pacu Barat, Blok B10 Kav No. 2, Kemayoran, Jakarta 10610, Indonesia

Tel: 62-21-6570 3977 Fax: 62-21-6570 3978Email: [email protected]: www.jayaproteksi.com


Classes WrittenGeneral: Accident, Casualty, Engineering,

Healthcare, Marine Cargo, Motor, Bonds, Fire, Liability, Marine Hull, Surety, Personal Accident, Travel

Top Five Classes Written in Rp’000’000 (at 2011)Classes Gross % of own Written Prem Total PremMotor Vehicle 506,696 42.55Fire 512,198 43.01Health 91,832 7.71Marine 62,143 5.22Miscellaneous 10,487 0.88

Substantial ShareholdersPT Anugrah Sukses Development (56%)PT Datakris Prima Indonesia (20%)

Senior ManagementMr Sujaya Dinata Pangestu (President Director) Mr Sandy Wijaya (Director, Marketing) Mr Nicolaus Prawiro (Director, Financial) Mr Johannes Gunawan (Deputy Director, Marketing) Mr Ivan Sanjaya (Deputy Director, Technical) Mrs Djong Mie Ai (Deputy Director, Finance)

Share Capital (at 31 Dec 2011)Authorised Capital Rp120,000,000,000Paid-up Capital Rp100,000,000,000

Financial Year End: December Financial Indicators in Rp ’000’000 Year 2009 2010 2011Gross Premium 640,714 888,398 1,190,913Net Premium 310,970 433,401 527,749Underwriting Profit 125,974 199,374 226,284Technical Reserves 265,040 304,116 362,053Profit before tax 88,345 148,759 155,02Total Assets 536,270 776,564 1,089,483Investment Income 30,261 37,873 40,081

Regional OfficePT Asuransi Jaya Proteksi Operational Head OfficeJl Mangga Dua Raya, Komplek Grand Boutique Center Blok E/2-4, Jakarta 14430, Indonesia

Tel: 62-21-6230 9433 Fax: 62-21-612 6641Email: [email protected]: www.jayaproteksi.com

Regional Office - Senior ManagementMr Johannes Gunawan (Deputy Director, Marketing)

PT Asuransi Karyamas Sentralindo

Business AddressPluit Auto Plaza, Lt 4, Jl Raja Pluit Selatan, No. 2 Jakarta Utara 14450, Indonesia

Tel: 62-21-667 0678 Fax: 62-21-669 3977Email: [email protected]: www.karyamas.co.id


Classes WrittenGeneral insurance

Senior ManagementMr H Muhammad Amin Anggianto (President Director) Mr H Machmud Siregar (Director, Technical)

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Malaysia

Progressive Insurance Bhd

Business Address7th, 9th & 10th Floor, Menara BGI, Plaza Berjaya, No. 12, Jalan Imbi, 55100 Kuala Lumpur, Malaysia

Tel: 60-3-2118 8000 Fax: 60-3-2142 3195, 2118 8103Email: [email protected]: www.progressiveinsurance.com.my

Incorporated 1974 / Malaysia

Classes WrittenGeneral: Accident, Aviation, Engineering,

Healthcare, Marine Cargo, Motor, Bonds, Fire, Liability, Marine Hull, Extended Warranty, Foreign Workers Compensation Scheme, Foreign Workers Insurance Guarantee, Jewellers Block

Top Five Classes Written in RM’000 (at 2011)Classes Gross % of own Written Prem Total PremMotor 33,853 24 Fire 23,770 17 CAR/Engineering 16,562 12 Bonds 3,195 2 Others 63,647 45

* Ms Kathleen Chan is in-charge of all the above classes.

Substantial ShareholdersState Government of Sabah (87.1%)

Chairman: Datuk Datu Harun bin Datu Mansor, JP

Senior ManagementMr Francis Lai (Chief Executive Officer) Ms Kan Poh Yee (Asst General Manager, Accounts & Finance/Company Secretary) Tuan Hj Johari Nordin (Asst General Manager, Claims/Risk Management) Ms Kathleen Chan (Asst General Manager, Technical) Ms Elaine Lee (Senior Manager, Management Information Systems) Mr Ng Sing Cheong (Senior Manager, Operations) Mr Yong Moh Peng (Senior Manager/Technical Advisor) En Jaimin Kamin (Senior Manager, Human Resource & Admin/Company Secretary) Ms Jessica Thong (Senior Manager, Kuala Lumpur Operations) Ms Lum Sau Mei (Senior Manager, Hospital & Surgical) Mr Ng Chee Hong (Asst Manager, Internal Audit) Tuan Haji Mohd Dahlan Mustaffa (Senior Manager, Northern Region) Mr Benedict Majin (Senior Manager, Sabah Operations) Mr Joseph Lee (Branch Manager, Johor Bahru) Mr Terence Kan (Branch Manager, Melaka) Mr Tan Wee Giee (Branch Manager, Kuching) Mr Denes Sanghan (Asst Manager, Sandakan)

Share Capital (at 31 Dec 2011)Authorised Capital RM100,000,000Paid-up Capital RM100,000,000Shareholders Fund RM172,216,607

Financial Year End: December Financial Indicators in RM’000 Year 2009 2010 2011Gross Premium 125,276 127,501 141,027Net Premium 60,940 64,566 69,393Underwriting Profit (2,968) 1,867 (8,790)*Technical Reserves 86,275 94,551 111,798Profit before tax 21,100 18,933 11,029Total Assets 324,164 447,429 469,981Investment Income 24,681 17,727 18,156

* MMIP net loss RM12.55 million

QBE Insurance (Malaysia) Berhad

Business AddressNo. 638 Level 6, Block B1 Pusat Dagang Setia Jaya, (Leisure Commerce Square) No. 9 Jalan PJS 8/9, 46150 Petaling Jaya, Selangor Darul Ehsan, Malaysia

Tel: 60-3-7861 8400 Fax: 60-3-7873 7430Email: [email protected]: www.qbe.com.my

Chairman: YBhg Dato' Nik Mohamed Din bin Datuk Nik Yusoff

Senior ManagementMr Karl Ludwig Anthony Hamann (Chief Executive Officer) Mr Kok Yew Kong (Company Secretary & Asst General Manager, Finance & Information Technology)Mr William Foo (Asst General Manager, Marketing & Operations)Mr Phuan Boon Heng (Head, Underwriting & Claims)

RHB Insurance Berhad

Business AddressLevel 8, Tower One, RHB Centre, Jln Tun Razak, 50400 Kuala Lumpur, Malaysia

Tel: 60-3-2180 3000 Fax: 60-3-2161 9255Email: [email protected]: www.rhb.com.my

Incorporated 1978 / Malaysia

Classes WrittenGeneral: Accident, Casualty, Engineering,

Healthcare, Marine Cargo, Motor, Bonds, Fire, Liability, Marine Hull

Substantial ShareholdersRHB Capital Berhad (94.7%)

Independent Non-Executive Chairman: Tuan Haji Khairuddin bin Ahmad

Senior ManagementMr Kong Shu Yin (Managing Director, Insurance / Chief Executive Officer) Mr Raymond Lew Yung Chow (Senior General Manager/Head, Insurance Strategy & Bancassurance)

IDA13.indb 281 7/10/2012 12:12:21 PM

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