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Page 1
PUBLIC EXPOSE 2025
PT LIPPO GENERAL INSURANCE Tbk
Page 2
Company
Overview
Page 3
Company Overview




                        PT Lippo General Insurance Tbk




  Established : 1963        Industry : General Insurance   Becomes a company of Hanwha : 2023
      Didirikan: 1963           Industri : Asuransi Umum      Menjadi bagian dari Hanwha Group : 2023
Page 4
Business Scope: Health & General




1. Corporate Health    1. Property              1. Automobile        1. Liability


2. Individual Health   2. Commercial Building   2. Motorcycle        2. Engineering


3. Personal Accident   3. Individual Risks      3. Heavy Equipment   3. Marine Cargo


4. Travel Insurance                                                  4. Money & Casualty


5. General Accident                                                  5. Financial Lines
Page 5
2024
Achievements
Page 6
2024 Achievements

   Breakthrough Digitalization:
   eBenefit Health App., eBenefit General App, MyPro+.
   Digitalisasi Terobosan:
   eBenefit Health App., eBenefit General App., MyPro+.



   IFRS 17 Implementation:
   Enhancing transparency & setting new financial standards.
   Implementasi IFRS 17:
   Meningkatkan transparansi & standar keuangan baru.




   ESG Commitment:
   Sustainable policies & responsible investments shaping a greener future.
   Komitmen ESG:
   Kebijakan berkelanjutan & investasi bertanggung jawab.
Page 7
   Board of
Commissioners
  & Directors
Page 8
Board of Commissioners




     Kim Dong Wook          Ali Chendra   Hyacintus Henri Djantoko        Johannes Agus
  President Commissioner   Commissioner   Independent Commissioner   Independent Commissioner
Page 9
Board of Directors




   Agus Benjamin           Choi Hyunhee          Gilbert D.Naibaho   Kwon Gi Han
  President Director   Vice President Director        Director         Director
Page 10
  Business
& Operational
   Activities
Page 11
LGI’s Ecosystem
    Leading Digital Insurance:
    Expanding market reach with next-generation platforms.
    Dominasi Asuransi Digital:
    Memperluas jangkauan pasar dengan platform generasi baru.




    Regulatory & ESG Framework:
    Supporting sustainability through ESG-based insurance, including Electric
    Vehicle Insurance.
    Kerangka Regulasi & ESG:
    Mendukung keberlanjutan melalui asuransi berbasis ESG, termasuk Asuransi Kendaraan
    Listrik.




    Customer Engagement & Services:
    Enhancing customer interaction through apps, chatbots, and digital
    services.
    Keterlibatan & Layanan Pelanggan:
    Memperkuat interaksi pelanggan melalui aplikasi, chatbot, dan layanan digital.
Page 12
Growth Philosophy




         Spirit of                                  Spirit of                                   Spirit of
       Improvement:                               Development:                                 Exploring :
Enhancing governance & operational       Expanding market share & strengthening      Innovating & digitizing insurance
            efficiency.                            the core business.                           solutions.
  Meningkatkan tata kelola & efisiensi     Memperluas pangsa pasar & memperkuat   Berinovasi & mendigitalisasi solusi asuransi.
            operasional.                                bisnis inti.
Page 13
  Financial
Performance 2024
Page 14
Financial Performance 2024
                     Financial Highlights




   Gross Premium      Income Before Tax               EPS (Earnings Per Share)
     Premi Bruto         Laba sebelum pajak            Laba Bersih per Saham


    3.38T                      74B                            21
    2023 : 3.47T              2023: 15B                      2023 : 8


                     *Financial Data 2024 Audited
                        Data finansial 2024 diaudit
Page 15
Financial Performance 2024

                                                           2022                         2023                          2024

     1             TOTAL GWP                             2.67 T                       3.47 T                        3.38 T

     2         Income Before Tax                          99 B                         15 B                          74 B

     3         Net Profit After Tax                       74 B                         25 B                          62 B

     4    EPS (Earnings Per Share)                          25                            8                            21




               2024

         ROE                           7%
         ROA                           2%
                                                     Notes: Based on audited financial data, and the financial statements as of December 31, 2022, are
         RBC                          316%                                                                            consolidated financial statements
                                             Catatan: Berdasarkan laporan keuangan yang di audit, dan laporan keuangan pada tanggal 31 Desember 2022
                                                                                                                      merupakan laporan konsolidasian
Page 16
Challenges
 in 2024
Page 17
Challenges in 2024

   Global Economic Uncertainty:
   Diversified portfolios & risk mitigation.
   Ketidakpastian Ekonomi Global: Diversifikasi portofolio & mitigasi risiko.

   Premium Rate Pressure:
   Optimized risk assessment & pricing strategy.
   Tekanan Tarif Premi: Optimalisasi risk assessment & strategi harga.


   Regulatory Changes (IFRS 17):
   Transitioning to new reporting standards.
   Perubahan Regulasi (IFRS 17): Transisi ke standar pelaporan baru.

   Climate Risk Impact:
   Strengthening risk models for future resilience.
   Dampak Risiko Iklim: Memperkuat model risiko untuk ketahanan masa depan.


   ESG Push:
   Integrating sustainability across all business operations.
   Dorongan ESG: Mengintegrasikan keberlanjutan di semua lini bisnis.
Page 18
  BUSINESS
PROSPECTS IN
    2025
Page 19
2025 Business Target
                                                      4 Engines for Growth
                                                          4 Pilar Utama untuk bertumbuh



    Health Insurance                                                                 Property & Casualty (P&C) Insurance
    The foundation for the next decade.                                              Risk diversification & capacity enhancement.
    Asuransi Kesehatan                                                               Asuransi Properti & Casualty (P&C)
    Fondasi utama                                                                    Diversifikasi risiko & peningkatan kapasitas.



    Credit Insurance                                                                    Digital Insurance
    Expanding into the SME sector in line with government                               Accelerating innovation with AI-driven solutions and seamless
    policies.                                                                           digital experiences.
    Asuransi Kredit                                                                     Asuransi Digital
    Ekspansi ke sektor UKM sesuai kebijakan pemerintah.                                 Mempercepat inovasi dengan solusi berbasis AI dan pengalaman
                                                                                        digital



                                                   Setting the Bar for Business
                                                            Menetapkan Standar Bisnis


                                                    Income Before Tax                                   Sustained EBITDA & Valuation
        Total GWP                                   Laba Sebelum Pajak
                                                                                                        Growth
       3T                                           70B                                                 Pertumbuhan EBITDA & Valuasi yang Berkelanjutan
Page 20
Strategic Initiatives
Digitalization & Technology Innovation:
Digitalisasi & Inovasi Teknologi:

                   MyGo+:
                   A behavior-based motor insurance program offering incentives for safe drivers, equipped with telematics technology for
                   monitoring driving habits, enhancing safety, and providing financial benefits. Target: 30,000 new users in the first year.
                   Inovasi asuransi kendaraan berbasis perilaku, memberikan insentif bagi pengendara aman dengan premi yang lebih kompetitif. Dilengkapi
                   dengan teknologi telematika untuk memantau kebiasaan berkendara, meningkatkan keselamatan, dan memberikan manfaat finansial bagi
                   pengguna. Target: 30.000 pengguna baru di tahun pertama.

                   MyPro+:
                   A digital platform for insurance services with an omnichannel experience.
                   Platform digital untuk layanan asuransi omnichannel.


                   eBenefit Health:
                   AI-driven transformation of corporate healthcare services.
                   Transformasi layanan kesehatan berbasis AI.


                   eBenefit General:
                   AI-driven transformation of general insurance
                   Transformasi layanan asuransi umum berbasis AI.
Page 21
Strategic Initiatives



        Insurance for SMEs:                      Expanding Travel Protection                         Cyber Insurance:
            Insurance for SMEs                         for Schengen                                   Cyber Insurance:
Protection for small and medium enterprises.   Memperluas perlindungan perjalanan            Addressing digital risks for businesses.
        Perlindungan untuk sektor UKM.                                                            Mengantisipasi risiko digital bisnis.
                                                       untuk Schengen



                                                 Collaboration & Expansion:
                                                         Kolaborasi & Ekspansi:


             Strengthening relationships with banks,                              Increasing digital market penetration through
             brokers, & strategic partners.                                       strategic partnerships.
             Penguatan hubungan dengan bank, broker, &            b               Peningkatan penetrasi di sektor digital melalui
             mitra strategis.                                                     kerja sama strategis.
Page 22
Challenges & Opportunities



 Regulatory Uncertainty &                    Exchange Rate Fluctuations &                          Rising Public Awareness of              Expanding Digital Market
 New Government Policies                       Global Economic Policies                                    Insurance                        (CAGR 29% until 2030)
Ketidakpastian Regulasi & Kebijakan         Fluktuasi Nilai Tukar & Dampak Kebijakan                  Peningkatan Kesadaran             Pasar Digital Berkembang Pesat (CAGR
         Pemerintah Baru                                  Ekonomi Global                            Masyarakat terhadap Asuransi                  29% hingga 2030)




                     Shifting Industry Landscape &                    Optimizing Profitability with a                   Unlocking the Potential of Digital Insurance
                          Digitalization Trends                        Stronger Portfolio Strategy                           for a Sustainable Future in 2025
                     Perubahan Lanskap Industri & Tren              Optimalisasi Profitabilitas melalui Strategi       Membuka Potensi Besar Asuransi Digital untuk Masa
                                Digitalisasi                              Portofolio yang Lebih Sehat                           Depan Berkelanjutan di 2025
Page 23
Aim Higher & Higher

                                                                                                                               2025 marks the momentum to
                                                                                                                              rebound with the right strategy.
                                                                                                                              2025 menjadi momen kebangkitan dengan
                                                                                                                                        strategi yang tepat



                                                                                   Commitment to creating value for
                                                                                      shareholders & investors.
                                                                                      Komitmen untuk menciptakan nilai bagi
                                                                                          pemegang saham & investor.
                                          Focusing on profitability,
                                      innovation, & sustainable growth.
                                         Fokus pada profitabilitas, inovasi, &
                                            pertumbuhan berkelanjutan.

   LGI remains strong &
adaptive in facing challenges.
  LGI tetap tangguh & adaptif dalam
       menghadapi tantangan.
                                                                     "Together, We Aim Higher!"
                                                                    “Bersama, Kita Melangkah Lebih Tinggi!"
Page 24
ISO
        ISO 9001-2015                         ISO 27001-2022                      ISO 9001-2015
  Operation of Health Services   Information Security Management System   Operation of Non Health Services
Page 25
CSR


                                      Be a Reason the Earth Smiles
                                      3 Nov 2024




 Thankful Today for Better Tomorrow
 17 Jan 2025


                                      Peduli Korban Erupsi Gunung Lewotobi
                                      23 Nov 2024
Page 26

          

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Names mentioned 9 people and organisations named in the text · linked when the evidence is strong

linked org LIPPO GENERAL INSURANCE Tbk p.1 ×5
linked person Kim Dong Wook p.8
linked person Ali Chendra p.8
linked person Hyacintus Henri Djantoko p.8
linked person Johannes Agus p.8
linked person Agus Benjamin p.9
possible person Choi Hyunhee p.9
possible person Kwon Gi Han p.9
unresolved person Vice · President Director p.9 ×2

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