Victoria Insurance

What Victoria Insurance does

Victoria Insurance is a general insurance company headquartered in Jakarta, Indonesia, founded in 1978. It is publicly listed on the Indonesia Stock Exchange under the ticker IDX:VINS, providing equity market visibility and capital access. The company operates in Indonesia's general (non-life) insurance market, underwriting policies across the standard general insurance product lines for Indonesian consumers and businesses.

The company's financial scale has expanded materially in recent years. Reported revenue grew from IDR 2.71 trillion in 2022 to IDR 3.74 trillion in 2023, then jumped to IDR 8.74 trillion in 2024, before settling at IDR 8.26 trillion in 2025. Gross profit expanded from IDR 1.29 trillion in 2024 to IDR 3.10 trillion in 2025, and net income grew from IDR 464 billion to IDR 787 billion over the same period, indicating meaningful improvement in underwriting margin and operating profitability on top of the revenue scale-up.

Beyond financial disclosures, the source data is limited. The company's public website content was not accessible during research, and product-level details, distribution channels, customer segments, and technology stack are not specified in the available material. As a 47-year-old domestic general insurer listed on IDX, Victoria Insurance operates within Indonesia's OJK-regulated insurance framework, but its specific competitive positioning, geographic footprint beyond Indonesia, and digital/technology strategy cannot be assessed from the input data.

Name

Victoria Insurance

Website

https://victoriainsurance.co.id

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Victoria Insurance is a publicly listed Indonesian general insurance company founded in 1978 and headquartered in Jakarta (IDX: VINS), underwriting non-life insurance products for Indonesian consumers and businesses.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

General Liability Insurance (FSAJAMAE)

Keywords

• General insurance
• Property insurance
• Casualty insurance
• Insurance underwriting
• Risk protection

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Core offering

Victoria Insurance is a general insurance company that underwrites and sells general insurance products to customers in Indonesia. Founded in 1978 and headquartered in Jakarta, the company is publicly listed on the Indonesia Stock Exchange (ticker: VINS) and generates revenue from insurance premiums and investment income.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Direct peers

• PT Asuransi Sinar Mas: Major Indonesian general insurer with broad property, motor, and casualty offerings. A direct peer given overlapping product portfolio and shared focus on the domestic Indonesian non-life market.
• PT Asuransi Reliance Indonesia: Smaller Indonesian general insurer offering property, motor, and miscellaneous casualty lines. A relevant peer given comparable scale and similar mid-tier positioning in the domestic market.
• PT Asuransi Tugu Pratama Indonesia: State-owned Indonesian general insurer with strength in energy, aviation, and commercial lines. Compares as a domestic general carrier operating in overlapping commercial segments.
• PT Asuransi Adira Dinamika: Indonesian general insurer with strong motor vehicle insurance focus, distributed through the Adira Dinamika finance group. A relevant peer given the motor liability overlap common to Indonesian general insurers including Victoria Insurance.
• PT Asuransi Jasindo: State-owned Indonesian general insurer offering property, motor, marine, and engineering coverage. A directly comparable peer given identical geographic and product-line footprint.
• PT Asuransi Central Asia: Established Indonesian general insurer with multi-line offerings across motor, fire, and engineering. Compares closely to Victoria Insurance as a similarly-positioned domestic general carrier.
• PT Asuransi Astra Buana: One of Indonesia's largest publicly-listed general insurers, offering motor, property, marine, and liability coverage. Highly comparable to Victoria Insurance in product mix and target customer base, though materially larger in scale.

Broad incumbents

• PT Asuransi Tokio Marine Indonesia: Subsidiary of Japanese global insurer Tokio Marine, offering property, casualty, and specialty lines in Indonesia. Comparable as a broad incumbent in the same general insurance market with deeper capital backing.
• PT Sompo Insurance Indonesia: Indonesian subsidiary of Japan's Sompo Holdings, providing general insurance including motor, property, and marine. A broad incumbent peer with multi-line offerings similar to Victoria Insurance but with international group support.
• PT MSIG Insurance Indonesia: Subsidiary of Japan's MS&AD Insurance Group, offering property, casualty, motor, and specialty insurance in Indonesia. Comparable as a broader incumbent competing for similar commercial accounts.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Victoria Insurance