Multi Artha Guna Insurance Wins Indonesian Business Award 2022, JAKARTA — PT Asuransi Multi Artha Guna Tbk. (AMAG) won the issuer award for the event’s best insurance category Indonesia Business Awards 2022 to be held on Monday (8/15/2022).

Regarding this category, Multi Artha Insurance has set aside PT Asuransi Bina Dana Arta Tbk., PT Panin Financial Tbk. and PT Paninvest Tbk.

Meanwhile, issuer codenamed AMAG posted a positive performance in the first half of 2022, both in terms of premium earning and net profit.

Based on the June 2022 financial report, AMAG was able to collect gross premium income of IDR 1.38 trillion in the first half of this year. This achievement increased by 8.66% from the same period last year by 1.27 trillion rupees.

In line with premium growth, the company’s net profit increased 5.04% year-on-year (yoy). In the first half of 2022, the company recorded a net profit of IDR 80.87 billion, while in the first half of 2021, it recorded a net profit of IDR 76.72 billion.

AMAG, which is majority controlled by Fairfax Asia Limited, a Canadian financial services company, has total assets of R4.97 trillion as of June 2022. An increase from the December 2021 position which reached R4.65 trillion. rands.

The Bisnis Indonesia Award is a form of appreciation by Bisnis Indonesia Group towards businessmen in Indonesia, especially companies listed on the Indonesia Stock Exchange and financial companies that have excellent performance. In its 20th implementation, the Bisnis Indonesia Prize is themed “Awakening in the Year of Change”.

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