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Pt Victoria Insurance Tbk (Indonesia)

Main Activities: Insurance Carriers
Full name: Pt Victoria Insurance Tbk Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

PT Victoria Insurance Tbk is a general insurance company based in Jakarta, Indonesia. It was established in 1978 under the name PT Asuransi Agung Asia and has undergone several name changes over the years. In August 2010, the company was taken over by the Victoria Group and its name was changed to PT Victoria Insurance. The Victoria Group is a national investment holding company with a diverse portfolio of businesses. The company offers a range of general insurance services, including fire insurance, motor vehicle insurance, sea transportation insurance, engineering insurance, surety bond insurance, and more. Its customers include multi-finance companies, banks, local governments, state-owned enterprises, private businesses, and individuals. PT Victoria Insurance Tbk is primarily focused on providing general insurance coverage and risk management services. Its products include property insurance, motor vehicle insurance, marine cargo insurance, engineering insurance, accident insurance, and general insurance. These products provide coverage for various risks and hazards, such as fire, lightning, motor vehicle damage or loss, goods loss or damage during marine cargo transportation, and civil construction and machine operation risks. In 2013, the company moved its Head Office to a new building called The Victoria Building. In the same year, there was an increase in its paid-up capital to Rp 100 billion. In 2015, the company changed its status to become a public company and planned an Initial Public Offering (IPO).

Headquarters
Graha Bip Lantai 3A, Jl Jendral Gatot Subroto Kav 23
Jakarta; Jakarta; Postal Code: 12930

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Website: http://victoriainsurance.co.id

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
May 11, 1978
Key Executives
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President
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Director/Member of the Board
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Secretary
Ownership Details
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72.95%
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26.31%
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0.74%
Subsidiaries
Pt Batavia Prosperindo Trans Tbk
Company Performance
Financial values in the chart are available after Pt Victoria Insurance Tbk report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IDR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
7.49%
Operating profit (EBIT)
-75.95%
Net Profit (Loss) for the Period
-21.14%
Total assets
-6.76%
Investments
1.59%
Receivables
-14.9%
Total equity
-2.93%
Net Premiums Earned Trend
-111.22%
Net Profit Trend
N/A
Return on Equity (ROE)
-0.71%
Loss Ratio
-5.87%
Underwriting Expenses Ratio
-3.37%

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