PT Maskapai Reasuransi Indonesia,Tbk (Marein) was founded on June 4, 1953, Marein is the first national reinsurance company and the first publicly listed reinsurance company in the country. Listing its shares on the Indonesia Stock Exchange (IDX) on 1989. The company has raised its authorized and paid up capital for several times. The most recent, It has raised the paid up capital up to IDR 77.7 billion in 2008 and the latest, it has raised the authorized capital up to IDR 300 billion in 2015
The composition of Shareholders as of December 31, 2017 are as follows: PT Graha Sentosa Persada (20%), AJB Bumiputera (14.8%), PT Surya Mitra Prasarana Graha (6.4%) and Public (58.8%).
To meet the market’s demand for Sharia reinsurance, in 2006 Marein set up and developed Sharia business unit pursuant to a license issued by the Finance Ministry of the Republic of Indonesia No KEP-075/KM/12/2006 dated August 25, 2006.
In 2007, Marein moved to its new office namely Plaza Marein in Jl. Jend. Sudirman Kav. 76-78, Jakarta 12910, as the Company has been strongly eager to promote excellence service to its customers and partners.
On August 2,2017, Fitch Ratings Indonesia has upgraded Marein National Insurer Financial Strength (IFS) Rating to AA-(idn) from A+(idn). Fitch Ratings also reaffirmed the company’s international IFS Rating of BB(int). On November 2016, Marein was rated idA+ by national ratings agency, Pefindo.
Marein’s experience in reinsurance business has led the Company to win numerous awards, among others are Best Financial Performance Reinsurance 2017 and The Most Popular as category Reinsurance 2017 from Warta Ekonomi Magazine. The Best Reinsurance 2017 and Mr. Robby Loho as Top Chief Executive Officer 2017 from Economic Review Magazine. Also get from BusinessNews Magazine as Top Reasuransi 2017 and Mr. Robby Loho as Top Chief Executive Officer Insurance 2017.