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20250902_LIFE_Tanggapan atas Permintaan Penjelasan Bursa_31936734_lamp1.pdf

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Jakarta, 2 September 2025
Nomor: 057/MSL-CSEC/IX/2025


PT Bursa Efek Indonesia
Gedung Bursa Efek Indonesia Tower 1 Lt. 6
Jl. Jenderal Sudirman Kav. 52-53
Jakarta Selatan 12190

Kepada Yth/Attention:
Lidia M. Panjaitan – Kadiv Penilaian Perusahaan 3


Perihal: Tanggapan PT MSIG Life Insurance Indonesia Tbk atas Surat Bursa Efek
         Indonesia Nomor S-09908/BEI.PP3/08-2025
Subject: PT MSIG Life Insurance Indonesia Tbk's Response to the Indonesia Stock
         Exchange Letter Number S-09908/BEI.PP3/08-2025


Dengan hormat,
Respectfully,


Sehubungan dengan surat BEI No. S-09908/BEI.PP3/08-2025 tanggal 27 Agustus 2025
perihal Permintaan Penjelasan Bursa, maka dengan ini PT MSIG Life Insurance Indonesia Tbk
(“Perseroan”) bermaksud untuk memberikan penjelasan dan tanggapan sebagai berikut:
In connection with IDX letter No. S-09908/BEI.PP3/08-2025 dated 27th August 2025 regarding
the IDX Request for Explanation, allow us to provide the following explanations and responses:




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No.                       Pertanyaan BEI                                                     Tanggapan Perseroan
                           IDX Questions                                                      Company’s Response

1.    Latar belakang atas peningkatan total aset Perseroan          Latar belakang atas peningkatan total aset Perseroan disebabkan oleh
      per 30 Juni 2025 sebesar Rp642,20 miliar atau 4,46% jika      kenaikan pada pos aset investasi. Peningkatan tersebut berasal dari
      dibandingkan dengan 31 Desember 2024.                         pertumbuhan nilai investasi pada instrumen surat berharga, seiring
      Background of the increase in the Company’s total assets      dengan strategi pengelolaan portofolio investasi yang dijalankan
                                                                    Perseroan serta kondisi pasar yang mendukung.
      as of 30 June 2025 amounting to Rp642.20 billion or
      4.46% compared to 31 December 2024.                           The increase in the Company's total assets was driven by an increase in
                                                                    investment assets. This increase stemmed from the growth in the value of
                                                                    investments in securities, in line with the Company's investment portfolio
                                                                    management strategy and favorable market conditions.

2.    Latar belakang atas peningkatan Surat Berharga Efek           Latar belakang atas peningkatan Surat Berharga Efek Utang yang diukur
      Utang dari Rp1,07 triliun per 31 Desember 2024 sampai         pada nilai wajar melalui laba rugi dari Rp1,07 triliun per 31 Desember 2024
      dengan Rp1,39 triliun per 30 Juni 2025.                       sampai dengan Rp1,39 triliun per 30 Juni 2025 dikarenakan oleh adanya
      Background of the increase in Debt Securities from Rp1.07     peningkatan bisnis Unit Link Perseroan dimana peningkatan dana
                                                                    kelolaan itu diiringi oleh meningkatnya tingkat preferensi nabasah unit
      trillion as of 31 December 2024 to Rp1.39 trillion as of 30
                                                                    link terhadap unit link Pendapatan Tetap yang ditempatkan pada Surat
      June 2025.                                                    Berharga Efek Utang.

                                                                    The background to the increase in Debt Securities measured at fair value
                                                                    through profit or loss from IDR 1.07 trillion as of December 31, 2024 to IDR
                                                                    1.39 trillion as of June 30, 2025 is due to an increase in the Company's Unit
                                                                    Link business where the increase in managed funds is accompanied by an
                                                                    increase in the level of preference of unit link customers for Fixed Income
                                                                    unit links placed in Debt Securities.

3.    Latar belakang atas peningkatan reksadana dari                Latar belakang atas peningkatan reksadana dari Rp899,33 miliar per 31
      Rp899,33 miliar per 31 Desember 2024 menjadi Rp1,24           Desember 2024 menjadi Rp1,24 triliun per 30 Juni 2025 disebabkan
      triliun per 30 Juni 2025.                                     karena adanya sebagian dari kepemilikan langsung Perseroan pada Surat
      Background of the increase in mutual funds from               Berharga Negara RI dipindahkan ke reksadana yang juga berinvestasi
                                                                    penuh pada Surat berharga Negara RI dan juga karena adanya
      Rp899.33 billion as of 31 December 2024 to Rp1.24
                                                                    penambahan alokasi saham Perseroan melalui reksadana saham.
      trillion as of 30 June 2025.



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No.                        Pertanyaan BEI                                                     Tanggapan Perseroan
                            IDX Questions                                                      Company’s Response

                                                                     The background to the increase in mutual funds from IDR 899.33 billion as
                                                                     of December 31, 2024 to IDR 1.24 trillion as of June 30, 2025, was due to
                                                                     the transfer of part of the Company's direct ownership of Indonesian
                                                                     Government Securities to mutual funds that also fully invest in Indonesian
                                                                     Government Securities and also due to the addition of the Company's share
                                                                     allocation through stock mutual funds.

4.    Latar belakang atas peningkatan liabilitas kontrak             Latar belakang atas peningkatan liabilitas kontrak asuransi terutama
      asuransi dari Rp4,84 triliun per 31 Desember 2024              dipengaruhi oleh pertumbuhan bisnis asuransi Perseroan. Peningkatan
      menjadi Rp5,27 triliun per 30 Juni 2025.                       tersebut sejalan dengan bertambahnya portofolio polis aktif serta
      Background of the increase in insurance contract liabilities   kewajiban yang timbul atas pertanggungan yang diberikan kepada
                                                                     pemegang polis. Selain itu, perubahan asumsi teknis dan faktor pasar juga
      from Rp4.84 trillion as of 31 December 2024 to Rp5.27
                                                                     turut memberikan kontribusi terhadap kenaikan liabilitas kontrak
      trillion as of 30 June 2025.                                   asuransi.

                                                                     The increase in insurance contract liabilities was primarily driven by the
                                                                     growth of the Company's insurance business. This increase was in line with
                                                                     the expansion of its active policy portfolio and the resulting liabilities for
                                                                     coverage provided to policyholders. Furthermore, changes in technical
                                                                     assumptions and market factors also contributed to the increase in insurance
                                                                     contract liabilities.

5.    Latar belakang atas peningkatan utang lain-lain                Peningkatan utang lain-lain Perseroan disebabkan oleh pencatatan
      Perseroan dari Rp240,09 miliar per 31 Desember 2024            kewajiban dividen yang telah ditetapkan namun belum dibayarkan kepada
      menjadi Rp557,76 miliar per 30 Juni 2025.                      pemegang saham pada tanggal pelaporan. Seluruh kewajiban dividen
      Background of the increase in other payables from              tersebut telah diselesaikan dan dibayarkan secara penuh pada bulan Juli
                                                                     2025.
      Rp240.09 billion as of 31 December 2024 to Rp557.76
      billion as of 30 June 2025.                                    The increase in the Company's other liabilities was due to the recording of
                                                                     dividend obligations that had been determined but not yet paid to
                                                                     shareholders as of the reporting date. All dividend obligations were settled
                                                                     and paid in full in July 2025.




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No.                       Pertanyaan BEI                                                   Tanggapan Perseroan
                           IDX Questions                                                    Company’s Response

6.    Sumber dana Perseroan dalam memenuhi kewajiban              Sumber dana Perseroan dalam memenuhi kewajiban dividen yang telah
      utang lain-lain sebesar Rp557,76 miliar per 30 Juni 2025.   ditetapkan berasal dari dana yang telah dicadangkan pada aset investasi
      Source of funds used by the Company to fulfill its other    jangka pendek untuk pembayaran dividen.
      payables amounting to Rp557.76 billion as of 30 June
                                                                  The Company's source of funds to fulfill its established dividend obligations
      2025.
                                                                  comes from funds that have been reserved in short-term investment assets
                                                                  for dividend payments.

7.    Strategi Perseroan dalam meningkatkan hasil jasa Beberapa langkah strategis Perseroan untuk meningkatkan hasil jasa
      asuransi sebagai pendapatan utama Perseroan.         asuransi sebagai pendapatan utama perseroan:
      The Company’s strategy to increase insurance service    • Memperkuat bisnis retail melalui pengembangan kanal distribusi
      results as its main source of revenue.                      yang ada, khususnya yang utama yaitu Keagenan dan
                                                                          Bancassurance
                                                                      •   Mengembangkan kanal distribusi digital untuk mempercepat
                                                                          pertumbuhan di masa yang akan datang
                                                                      •   Pengembangan produk-produk baru yang inovatif dan relevant
                                                                          sesuai dengan kebutuhan pasar dan Nasabah
                                                                      •   Menciptakan bauran produk yang lebih sehat dan memiliki nilai
                                                                          tambah bagi Perusahaan
                                                                      •   meningkatkan fungsi pengendalian internal dan manajemen risiko
                                                                          yang handal untuk menciptakan pertumbuhan bisnis yang
                                                                          berkualitas dan berkelanjutan.

                                                                  Several strategic steps taken by the Company to increase insurance
                                                                  service results as the Company’s main source of income:

                                                                      •   Strengthening the retail business through the development of
                                                                          existing distribution channels, especially the main ones: Agency and
                                                                          Bancassurance.
                                                                      •   Developing digital distribution channels to accelerate future growth




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No.                      Pertanyaan BEI                                                  Tanggapan Perseroan
                          IDX Questions                                                   Company’s Response

                                                                     •   Developing innovative and relevant new products in line with
                                                                         market and customer needs
                                                                     •   Creating a healthier product mix that enhances value-added for the
                                                                         Company
                                                                     •   Enhancing internal control functions and reliable risk management
                                                                         to create quality and sustainable business growth


8.    Latar belakang atas peningkatan beban jasa asuransi        Peningkatan beban jasa asuransi yang paling utama disebabkan oleh
      dari Rp687,37 miliar per 31 Desember 2024 menjadi Rp1      kenaikan beban klaim kesehatan dimana sejalan dengan kenaikan biaya
      triliun per 30 Juni 2025.                                  layanan rumah sakit.
      Background of the increase in insurance service expenses
                                                                 The increase in insurance service costs was primarily due to an increase in
      from Rp687.37 billion as of 31 December 2024 to Rp1
                                                                 health claims costs, which was in line with the increase in hospital service
      trillion as of 30 June 2025.                               costs.




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Kami berharap penjelasan ini dapat diterima. Perseroan senantiasa berkomitmen penuh untuk mematuhi ketentuan peraturan
yang berlaku serta menjunjung tinggi prinsip transparansi dan akuntabilitas dalam setiap pengungkapan informasi.
We hope this explanation is acceptable. The Company remains fully committed to complying with applicable regulations and upholding
the principles of transparency and accountability in all information disclosures.


Demikian informasi ini kami sampaikan. Atas perhatiannya kami ucapkan terima kasih.
We hereby convey this information. Thank you for your attention.




Hormat kami/Respectfully
PT MSIG Life Insurance Indonesia Tbk




Renova Siregar
Chief Compliance, Legal & Corporate Secretary Officer




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Names mentioned 6 people and organisations named in the text · linked when the evidence is strong

possible org PT Bursa Efek Indonesia p.1 ×3
unresolved org Life Insurance Indonesia Tbk p.1 ×4
unresolved org PT MSIG Life Insurance Indonesia Tbk's Response p.1
unresolved org Indonesia Stock Exchange p.1
unresolved person Renova Siregar · Chief Compliance, Legal & Corporate Secretary Officer p.6

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