Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Insurance Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies22
  • 7D-0.5%
  • 3M3.2%
  • 1Y30.2%
  • YTD28.3%

In the last week, Insurance has been flat. The past year has been better, since the industry has gained 32% in that time.

Industry Valuation and Performance

Has the Indonesian Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025Rp220.7tRp75.3tRp7.4t14.8x30x2.9x
Fri, 21 Nov 2025Rp193.3tRp75.3tRp7.4t11.5x26.3x2.6x
Sun, 19 Oct 2025Rp194.8tRp76.0tRp6.4t12.5x30.5x2.6x
Tue, 16 Sep 2025Rp227.4tRp75.9tRp6.5t21.6x35.2x3x
Thu, 14 Aug 2025Rp214.5tRp75.4tRp6.4t15.3x33.5x2.8x
Sat, 12 Jul 2025Rp196.8tRp74.1tRp5.9t19x33.6x2.7x
Mon, 09 Jun 2025Rp194.8tRp74.3tRp5.5t18.5x35.2x2.6x
Wed, 07 May 2025Rp189.7tRp74.7tRp5.6t19.5x33.6x2.5x
Fri, 04 Apr 2025Rp184.6tRp74.2tRp4.6t19.8x40.6x2.5x
Sun, 02 Mar 2025Rp182.2tRp73.9tRp3.9t15.6x47.1x2.5x
Tue, 28 Jan 2025Rp177.3tRp62.4tRp4.0t18.3x44.8x2.8x
Thu, 26 Dec 2024Rp169.3tRp90.2tRp4.6t18.2x37.2x1.9x
Sat, 23 Nov 2024Rp170.4tRp90.1tRp4.6t18.9x37.5x1.9x
Mon, 21 Oct 2024Rp170.8tRp89.4tRp4.2t33.7x40.6x1.9x
Wed, 18 Sep 2024Rp171.6tRp90.0tRp4.2t29.4x40.8x1.9x
Fri, 16 Aug 2024Rp160.9tRp90.0tRp4.2t37.7x38.3x1.8x
Sun, 14 Jul 2024Rp161.8tRp89.6tRp4.4t21.8x36.5x1.8x
Tue, 11 Jun 2024Rp161.3tRp89.6tRp4.4t21.4x36.4x1.8x
Thu, 09 May 2024Rp161.0tRp88.8tRp5.0t21.4x32.1x1.8x
Sat, 06 Apr 2024Rp163.8tRp59.9tRp6.0t29.8x27.3x2.7x
Mon, 04 Mar 2024Rp171.3tRp58.2tRp6.0t18.5x28.8x2.9x
Wed, 31 Jan 2024Rp182.6tRp58.4tRp6.0t21.1x30.4x3.1x
Fri, 29 Dec 2023Rp168.5tRp60.0tRp5.8t21.6x28.8x2.8x
Sun, 26 Nov 2023Rp169.9tRp59.8tRp6.0t34.8x28.3x2.8x
Tue, 24 Oct 2023Rp159.9tRp60.8tRp6.1t42.2x26x2.6x
Thu, 21 Sep 2023Rp158.2tRp60.8tRp6.1t41.4x25.7x2.6x
Sat, 19 Aug 2023Rp164.5tRp60.8tRp6.1t43.7x26.8x2.7x
Mon, 17 Jul 2023Rp166.3tRp64.3tRp6.0t39.7x27.9x2.6x
Wed, 14 Jun 2023Rp163.5tRp64.3tRp6.0t36.5x27.4x2.5x
Fri, 12 May 2023Rp165.2tRp70.1tRp5.8t33.1x28.7x2.4x
Sun, 09 Apr 2023Rp167.7tRp71.1tRp4.0t20.7x42x2.4x
Tue, 07 Mar 2023Rp171.3tRp71.0tRp4.1t12.8x41.8x2.4x
Thu, 02 Feb 2023Rp174.7tRp71.0tRp4.1t12.5x42.6x2.5x
Sat, 31 Dec 2022Rp167.3tRp71.0tRp4.1t15.1x40.8x2.4x
Price to Earnings Ratio

40.8x


Total Market Cap: Rp167.3tTotal Earnings: Rp4.1tTotal Revenue: Rp71.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Insurance Industry Price to Earnings3Y Average 34.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Indonesian Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 30.2x which is lower than its 3-year average PE of 34.6x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 2.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Financials industry?

ID Market-1.70%
Financials0.31%
Insurance-0.53%
Reinsurance14.92%
General Insurance1.31%
Property and Casualty Insurance0.26%
Life and Health Insurance-1.96%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 26.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 65.6x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SMMA Sinar Mas MultiarthaRp13.15k1.5%
+Rp1.3t		-11.0%PE27.9x
ABDA Asuransi Bina Dana ArtaRp3.29k10.8%
+Rp198.7b		-13.4%PE19.4x
MREI Maskapai Reasuransi IndonesiaRp1.04k14.9%
+Rp69.9b		20.2%PE5.8x
MTWI Malacca Trust Wuwungan InsuranceRp376.003.9%
+Rp40.9b		138.0%PE12.3x
ASJT Asuransi Jasa TaniaRp156.009.1%
+Rp18.2b		39.3%PE29.9x

Latest News

ASJT
Rp156.00
Asuransi Jasa Tania
7D
9.1%
1Y
39.3%
ABDA
Rp3,290.00
Asuransi Bina Dana Arta
7D
10.8%
1Y
-13.4%
GSMF
Rp110.00
Equity Development Investment
7D
-9.1%
1Y
96.4%
LIFE
Rp7,750.00
MSIG Life Insurance Indonesia
7D
-2.2%
1Y
10.3%
MREI
Rp1,040.00
Maskapai Reasuransi Indonesia
7D
14.9%
1Y
20.2%
TUGU
Rp1,130.00
Asuransi Tugu Pratama Indonesia
7D
-1.7%
1Y
10.2%
YOII
Rp99.00
Asuransi Digital Bersama
7D
1.0%
1Y
n/a
CASA
Rp1,600.00
Capital Financial Indonesia
7D
-1.2%
1Y
204.8%
PNIN
Rp790.00
Paninvest
7D
-2.5%
1Y
-21.4%
BHAT
Rp1,295.00
Bhakti Multi Artha
7D
-8.8%
1Y
187.8%
MTWI
Rp376.00
Malacca Trust Wuwungan Insurance
7D
3.9%
1Y
138.0%
ASDM
Rp590.00
Asuransi Dayin Mitra
7D
0.9%
1Y
22.4%
AHAP
Rp88.00
Asuransi Harta Aman Pratama
7D
-10.2%
1Y
1.1%
SMMA
Rp13,150.00
Sinar Mas Multiartha
7D
1.5%
1Y
-11.0%
PNLF
Rp252.00
Panin Financial
7D
-3.1%
1Y
-39.7%