Insurance

Updated:

Hanwha Life Insurance Indonesia

Hanwha Life Insurance Indonesia is a insurance based in Jakarta, founded 2013; the Altss profile covers its classification, headquarters, registration, AUM...

Hanwha Life Insurance Indonesia logo

Hanwha Life Insurance Indonesia

Hanwha Life Insurance Indonesia is a Jakarta-based insurance company with approximately $125.01 million in assets, primarily operating in Asia.

General information

Firm type

Insurance

Year founded

2013

Location

Region

Asia

Country

Indonesia

City

Jakarta

Corporate office

Lantai 12, World Trade Center Building 1, Jl. Jend. Sudirman Kav 29, Jakarta 12920, Indonesia

Additional offices

Permata Kuningan Building, Lantai Dasar, Jl. Kuningan Mulya Kav. 9C, Jakarta 12980 · Marketing offices across Java, Bali, Sumatra, Kalimantan, and Sulawesi

Principals

Steven Namkoong

President Director and CEO

Sector focus

Insurance

Frequently asked questions

Is Hanwha Life Indonesia structured as an independent entity or a controlled subsidiary?

It operates as a subsidiary of South Korea's Hanwha Group. The firm was built through a joint acquisition with Hanwha General Insurance Co., Ltd. of a controlling interest in PT Lippo General Insurance Tbk, creating a structure where the Korean parent exercises control while the Indonesian Lippo Group remains a strategic business partner.

How is Hanwha Life Indonesia related to Lippo Group?

Lippo Group is a strategic business partner. The two groups jointly acquired a controlling stake in PT Lippo General Insurance Tbk, and Hanwha Life Indonesia also holds an investment in Nobu Bank, which is part of the Lippo ecosystem. The partnership gives Hanwha access to Lippo's domestic distribution network.

Where does Hanwha Life Indonesia's capital come from?

Capital comes primarily from its South Korean parent, Hanwha Group, a major conglomerate with extensive insurance operations across Asia. The firm does not publicly disclose its Indonesian balance-sheet size or regulatory capital reserves. Its source of wealth is not applicable in the family-office sense; it is a corporate asset owner.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on investors?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Jakarta Insurance profiles