# Hanwha Life Insurance Indonesia

Hanwha Life Insurance Indonesia is an Insurance based in Jakarta, Indonesia.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Jakarta, Indonesia
- **Region:** Asia
- **Address:** Lantai 12, World Trade Center Building 1, Jl. Jend. Sudirman Kav 29, Jakarta 12920, Indonesia
- **Founded:** 2013
- **Assets under management:** Undisclosed
- **Website:** www.hanwhalife.co.id
- **LinkedIn:** https://www.linkedin.com/company/hanwha-life-indonesia

## Regulatory record

- **Reports private funds:** No

## About

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

## Sectors

- Insurance

## Offices

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

## People

- Steven Namkoong — President Director and CEO

## 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.

## Related profiles

- [Hanover Partners](https://altss.com/profile/hanover-partners)
- [Harbour Wealth Management](https://altss.com/profile/harbour-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

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