GENERAL INSURANCE ASSOCIATION OF GENERAL INSURANCE ASSOCIATION OF INDONESIAINDONESIA

Mr. JULIAN NOOR

Executive Director AAUI

2

INDUSTRY PERFORMANCE

GENERAL INSURANCEBillion

IDRGROSS CLAIM Growth

LINE OF BUSINESS GROSS PREMIUM Growth

SMT 1-11 SMT 1-12 (%) SMT 1-11 SMT 1-12 (%)

1,606.13 2,001.41 24.6% 395.28 PROPERTY 5,007.72 5,181.21 3.5% 173.49

2,238.34 2,460.32 9.9% 221.98 MOTOR VEHICLE 4,848.89 5,683.63 17.2% 834.74

330.59 444.31 34.4% 113.72 MARINE CARGO 1,102.13 1,300.00 18.0% 197.87

101.13 162.77 61.0% 61.64 MARINE HULL 475.47 631.78 32.9% 156.31

49.26 154.47 213.6% 105.21 AVIATION 228.38 528.10 131.2% 299.73

- - 0.0% - SATELLITE 0.52 - 0.0% (0.52)

22.73 7.81 -65.6% (14.92) ENERGY ON SHORE 120.88 64.45 -46.7% (56.43)

50.20 149.83 198.5% 99.63 ENERGY OFF SHORE 462.12 353.33 -23.5% (108.80)

217.30 212.61 -2.2% (4.69) ENGINEERING 611.23 678.36 11.0% 67.13

56.36 32.23 -42.8% (24.13) LIABILITY 267.56 378.60 41.5% 111.04

928.59 1,129.50 21.6% 200.91 PERSONAL ACCIDENT & HEALTH 1,895.20 2,541.73 34.1% 646.53

158.98 173.89 9.4% 14.91 CREDIT 193.97 317.86 63.9% 123.89

57.24 104.24 82.1% 47.00 SURETY 305.35 371.81 21.8% 66.46

349.27 251.40 -28.0% (97.86) MISCELLANEOUS 1,229.09 864.81 -29.6% (364.28)

6,166.11 7,284.79 18.1% 1,118.68 TOTAL 16,748.50 18,895.67 12.8% 2,147.17

GROSS CLAIM & GROSS PREMIUM GROSS CLAIM & GROSS PREMIUM

Gross PremiumLine of Business

Gross Claim2009 2010 2011 2009 2010 2011

8,154.64 8,639.52 9,636.13 Property 3,587.30 4,137.44 3,471.84

6,894.89 8,996.13 10,233.51 Motor Vehicle 3,502.11 3,977.40 4,394.82

1,711.94 1,880.13 2,179.04 Marine Cargo 688.49 610.67 679.88

679.92 794.93 953.89 Marine Hull 369.03 283.06 339.82

1,158.41 1,046.63 1,218.14 Aviation 739.33 161.50 277.30

0.00 15.05 12.03 Satellite 0.00 0.00 0.00

255.18 211.36 175.52 Energy on Shore 99.95 97.54 65.00

678.25 619.29 941.15 Energy off Shore 61.05 212.83 146.31

959.84 1,024.39 1,151.51 Engineering 516.03 541.01 376.53

584.84 591.09 676.85 Liability 80.00 31.74 86.55

2,016.77 2,868.57 3,876.80 Personal Accident &Health 967.40 1,316.67 1,843.03

560.59 762.26 1,285.32 Credit And Surety 202.95 435.28 468.93

1,547.37 1,271.28 1,988.79 Miscellaneous 540.97 312.31 633.97

25,202.65 28,720.64 34,328.68 All the Line of Business 11,354.62 12,117.45 12,783.97

INSURANCE INDICATOR IN INDONESIAYEAR 2009-2011

Developments of NumberInsurance and Reinsurance

Company

REGULATIONS AND SOME RECENT DOMESTIC ISSUES RELATED

INSURANCE INDUSTRY

OTORITAS JASA KEUANGAN (OJK)1. Already established and elected composition OJK

Commissioner, and will be operational by January 1, 2013 for capital markets and non-bank financial industry (IKNB).

2. IKNB Commissioner is Mr. Firdaus Djaelani to be in charge of 2 Deputy Commissioner and 9 Directors.

5. It is estimated there will be some problems when switch from Bapepam-LK to OJK.

4. OJK will be financed by the industry.

3. Bapepam-LK employees will enter into OJK and within 3 months will be given a choice.

IFRS IMPLEMENTATION• IFRS Convergence has been started since a few years

ago, and in 2012 the implementation of PSAK No. 62 will be applied in the financial statements in 2012.

• Circular Letter from Head of Insurance Bureau, Bapepam-LK on insurance companies to perform simulations on the financial statements of the third quarter of 2012.

• Still needed guidance from the National Accounting Standards Board (DSAKN), and the Association of Actuaries of Indonesia (PAI).

• The questionnaire related to the implementation of IFRS in the general insurance companies shows that most companies are not ready to implement IFRS.

CAPITAL INSURANCE & REINSURANCE COMPANY

31 Desember 2010 31 Desember 2012 31 Desember 2014

Insurance Reinsurance

Insurance Reinsurance

Insurance Reinsurance40

Billion IDR100

Billion IDR70

Billion IDR150

Billion IDR100

Billion IDR200

Billion IDR

Year E<40 B 40 B< E<70 B 70 B < E<100 B 100B<E

2007 34 18 6 27

2008 23 25 10 27

2009 15 20 13 30

2010 9 27 12 36

2011 1 24 12 42

LOKAL INSURANCE VS JOINT VENTUREYear 2009 - 2011 in Billion IDR