Paninvest Tbk PT operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Paninvest Tbk PT with three other
insurance companies in Asia:
Panin Financial Tbk PT
sales of 4.50 trillion Indonesian Rupiahs [US$337.72 million]
Central Reinsurance Corporation
(14.22 billion Taiwanese Dollars [US$466.21 million]
of which 100%
was Insurance & Related Activities), and
Efu Life Assurance Limited
based in Pakistan
(39.19 billion Pakistan Rupees [US$374.29 million]
Paninvest Tbk PT reported sales of 5.24 trillion Indonesian Rupiahs (US$393.01 million)
December of 2015.
increase of 10.4%
versus 2014, when the company's sales were 4.75 trillion Indonesian Rupiahs.
This was the third consecutive year of growth at Paninvest Tbk PT.
Sales of General Insurance saw an increase
that was more than double the company's growth rate: sales were up
358.3% in 2015, from
179.80 billion Indonesian Rupiahs to 824.02 billion Indonesian Rupiahs.
Not all segments of Paninvest Tbk PT experienced an increase in sales in 2015:
sales of Trading and Services fell 99.4% to 892.00 million Indonesian Rupiahs.
(However, this segment's sales were only a very small portion of the company's overall sales).
Paninvest Tbk PT also experienced decreases in sales in
Life Insurance (down 0.9% to 4.38 trillion Indonesian Rupiahs)