MNC Life, an MNC Financial Services’ life insurance unit, obtained the license through the acquisition of UOB Life in 2010. MNC Financial Services has 99.98% shareholding in MNC Life. MNC Life currently offers a wide range of protection covering both traditional insurance comprising of life and health insurance as well as products to accumulate wealth and unit-link products in cooperation with MNC Asset Management.
MNC Life has grown tremendously and is one of the fastest in the industry through a rapid growth in the number of sales agents, bank assurance products, the opening of branch offices throughout Indonesia and offering of innovative products. As of the end of 2017, MNC Life marketing offices have spread across in 17 major cities in Indonesia.
Due to the excellent performance in 2015, MNC Life was rated “Very Good” and ranked at the top for the category of life insurance companies with gross premiums of Rp250 billion to Rp1 trillion by Infobank in Infobank Insurance Awards 2015. MNC Life also received the “Best Life Insurance 2015” award in the category of a life insurance company with an equity between Rp100 billion to Rp200 billion, which is awarded by ‘Media Asuransi’ Magazine.
For further information please visit www.mclife.com and please download the Corporate Updates file through the Investor Relations tab.