Zurich Insurance Indonesia

Zurich Financial Services Group is proud to announce that it established its presence in the Indonesian life insurance market on 1 November 2010 by completing the acquisition of an 80% stake in PT Mayapada Life. Zurich is committed to developing the market in Indonesia by building multiple distribution channels to meet the rapidly expanding protection and saving needs of Indonesians.

On 28 December 2010, the Ministry of Law and Human Rights has approved the change of name from PT Mayapada Life to PT Zurich Topas Life. This name change reflects the fact that the majority stakeholder of PT Mayapada Life is now Zurich Insurance Company, part of Zurich Financial Services Group. The company will be re-branded "Zurich" to be in line with other Zurich operations around the world.





Zurich Financial Services Group is the world's largest Swiss insurance-based financial services provider1 and a Fortune Global 100 company2. We have a global network of subsidiaries and offices in North America and Europe as well as in Asia-Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries. We achieved business operating profit of about USD5.6 billion in 20093. Our financial strength is built on a prudent and focused business strategy. We are rated "AA-" by Standard & Poor's4 Zurich Financial Services is listed on the SWX Stock Exchange in Switzerland.

1. Measured by a composite ranking for sales, profits, assets and market value; source: The Forbes Global 2000, April 2010
2. In terms of revenue; source: Fortune Global 500, July 2010
3. Zurich Annual Report 2009
4. As of 29 April 2010
5. Earn Money