Dedicated entity to offer more focused services, innovative products, and assurance that all operations are conducted in accordance with syariah principles

JAKARTA, Indonesia, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Sompo Indonesia today announced the official commencement of operations for PT Sompo Insurance Sharia (“Sompo Syariah”), a new general syariah insurance company established in full compliance with Financial Services Authority (“OJK”) regulations. The launch underscores Sompo Indonesia’s commitment to supporting the growth of Indonesia’s syariah financial industry while upholding the highest standards of regulatory compliance.

Sompo Indonesia has been providing syariah-based asset protection services since 2017, offering insurance solutions tailored to the needs of individuals and businesses while adhering to syariah principles. Over the years, the company has delivered reliable protection and peace of mind to customers, while contributing to the growth of syariah financial services in Indonesia.

With the establishment of this syariah entity, customers will benefit from more focused services, innovative products, and assurance that all operations are conducted in accordance with syariah principles.

Eric Nemitz, President Director & CEO Sompo Indonesia said: “The establishment of Sompo Syariah allows us to serve the community with greater clarity and focus. By creating a dedicated syariah entity, we strengthen our ability to deliver protection that is compliant, responsive, and aligned with the needs of our customers. This step reflects our long-standing commitment to Indonesia and reinforces the trust that has guided our work for many years.

Sompo Syariah also represents a thoughtful evolution of our syariah services, providing a structure that supports stronger governance, more tailored solutions, and deeper alignment with national priorities. We believe this foundation will enable us to contribute meaningfully to the continued development of Indonesia’s syariah financial ecosystem.”

Ratna Indrayani, CEO of Sompo Syariah, said: “Sompo Syariah reflects our commitment to offering protection that is fair, transparent and grounded in syariah principles. Our focus is on serving the community with solutions that reflect modern needs while staying true to values that provide stability and confidence for our customers. Operating as an entity allows us to concentrate more fully on delivering services that support people in their daily lives.

We are committed to expanding access to syariah-based protection and strengthening understanding of its benefits. Through education, outreach, and responsible innovation, Sompo Syariah will continue to develop offerings that help more Indonesians engage with syariah finance in a way that is practical, clear, and aligned with their needs.”

The general syariah insurance industry has also demonstrated significant growth. According to data from the Indonesian Sharia Insurance Association (AASI), in the first quarter of 2026, general syariah insurance assets grew by 13.77%, reaching IDR 10.8 trillion.

About Sompo

We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 138 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™. 

“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.

To learn more please follow us on LinkedIn or visit sompo-intl.com.

About Sompo Insurance Indonesia ​

Sompo Insurance Indonesia (“Sompo Indonesia”) is one of Indonesia’s leading general insurers and part of Sompo International Holdings Ltd, a global provider of commercial and consumer property and casualty insurance and reinsurance. Since 1975, Sompo Indonesia has helped protect the safety, health, and well-being of individuals and businesses across Indonesia, combining deep local market expertise with global insurance capabilities.

Sompo Indonesia provides a comprehensive range of general insurance solutions including health, personal accident, travel, motor vehicles, cargo, property, fire, earthquake, and other specialty insurance products. Through an extensive distribution network that includes brokers, agents, bancassurance, leasing companies, automotive manufacturers, and direct marketing channels, the company delivers solutions tailored to the evolving needs of its customers.

Backed by strong financial strength and a commitment to excellence, Sompo Indonesia helps customers and business partners navigate risk with confidence through responsive service and long-term partnership.

For more information about Sompo Indonesia, please follow us on LinkedIn or visit https://www.sompo.co.id/about-us/about-us​

Media Contact

Ruthania Martinelly
Head of Brand & Corporate Communications
PT Sompo Insurance Indonesia
Mayapada Tower II, 19th fl.
Jl. Jend. Sudirman Kav. 27, Jakarta 12920
M: +62 811 896 1298
Email: ruthania.martinelly@sompo.co.id