PT Marsh Indonesia and PT Marsh Reinsurance Brokers Indonesia (Marsh Re) are ranked in the first position for the Insurance Broker Market Leaders Award 2022 and Reinsurance Broker Market Leaders Award 2022 by Media Asuransi Indonesia. The award ceremony took place on September 1, 2022 in Jakarta, Indonesia, where Mira Sihhati, Commissioner, Marsh Indonesia, and Laksmi Sidharta, Director, Marsh Re, received the award.
The Insurance Media Research Institute (LRMA - Lembaga Riset Media Asuransi) determined 15 life insurance companies with the largest premium income in 2021 and 15 general insurance companies with the largest gross premiums in 2021 that qualify for selection. In addition, the LRMA added 15 insurance broker companies and 15 reinsurance broker companies, with the largest brokerage in 2020 this year.
LRMA's research results show that Marsh Indonesia has a market share of 11.39% out of the total 66.80% from the combined 15 insurance broker companies. Marsh Re has a market share of 10.29% out of the total 79.01% from the combined 15 reinsurance broker companies.