Paninvest

What Paninvest does

PT Paninvest Tbk (IDX: PNIN) is a publicly listed Indonesian entity within the Panin Group diversified financial services conglomerate. The company was incorporated on October 24, 1973 as PT Pan Union Insurance Ltd and initially operated as a general insurance underwriter. It became the first general insurance company to list on the Indonesia Stock Exchange in 1983 and was renamed PT Panin Insurance in 1992. Its current corporate form derives from a 2014 restructuring in which the entire insurance portfolio was transferred to a subsidiary, the company was renamed PT Paninvest Tbk, and its stated business focus was pivoted to the tourism sector.

In 2015, the legacy insurance subsidiary PT Panin Insurance merged with PT Asuransi Multi Artha Guna Tbk. In 2016, PT Paninvest divested its stake in the merged entity to Fairfax Asia Limited, completing the exit from operating insurance activities. The company has since continued to file periodic financial statements and annual reports, most recently through fiscal year 2025 and Q1 2026. Headquartered in Jakarta with a lean board of directors led by President Director Akijat Lukito, Vice President Director Helen Rahardjo, Director Christine Dewi, and President Commissioner Mu'min Ali Gunawan, the entity functions as a residual listed holding company.

The company's current operating footprint is not clearly documented in available materials. There is no disclosed revenue, headcount, product line, customer base, or technology stack in the input data. The 2014 pivot to tourism has not been accompanied, in the available record, by any identified tourism operating assets, transactions, or revenue streams. Effectively, PT Paninvest Tbk presents as a small, exchange-listed Panin Group affiliate whose post-divestiture operating profile is opaque.

Name

Paninvest

Legal name

PT Paninvest Tbk

Website

https://paninvest.co.id

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

PT Paninvest Tbk (IDX: PNIN) is a publicly listed Indonesian holding entity within the Panin Group conglomerate. After divesting its insurance operations in 2015-2016, the company states a tourism sector focus but discloses no operating revenue, customers, or products in available materials.

Ownership category

akta.pro rank

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Core offering

PT Paninvest Tbk operates as a publicly listed investment holding company within the Panin Group. Following the 2014 transfer of its insurance portfolio to a subsidiary, the company's stated business activities shifted to the tourism sector. In practice, the company's website serves as a corporate reporting portal publishing annual reports, financial reports, and corporate disclosures for shareholders and the public.

Product overview

PT Paninvest Tbk operates as a publicly listed investment holding company within Panin Group, a financial services conglomerate in Indonesia. The company website serves as a corporate reporting portal, providing access to annual reports, financial reports, and corporate reports (including General Meeting of Shareholders documents). The company does not appear to offer technology products or services through its website; instead, it functions as a corporate information and investor relations platform.

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

Partnerships

Five partnerships are on record, tiered core.

• Panin BankcoreOthersPanin Bank is a related entity within the Panin Group, one of Indonesia's established financial services conglomerates. PT Paninvest Tbk's headquarters is located at Panin Bank Pusat building.
• Panin Dai-ichi LifecoreOthersPanin Dai-ichi Life is a life insurance company affiliated with Panin Group. It is listed as a partner on PT Paninvest Tbk's website.
• OJK (Otoritas Jasa Keuangan)coreOthersOJK is the Financial Services Authority of Indonesia, the regulatory body overseeing capital markets and financial institutions in Indonesia.
• Anwar & RekanOthersAnwar & Rekan serves as the Public Accountant for PT Paninvest Tbk, located at Permata Kuningan Building 5th Floor, Jl. Kuningan Mulia Kav.9C, Jakarta 12980.
• Sinartama GunitaOthersSinartama Gunita serves as the Securities Administration Bureau for PT Paninvest Tbk, located at Sinar Mas Land Plaza Menara I Lantai 9, Plaza BII Menara 3 Lantai 12, Jl. MH. Thamrin No. 51 Jakarta 10350.

Recent moves11 records

Expansion highlights2 records

Direct peers

• PT Pool Advista Indonesia Tbk: Indonesian publicly listed investment holding company. Comparable as a small IDX-listed holding entity with diverse portfolio investments and similar scale to PT Paninvest.
• PT Surya Esa Perkasa Tbk: Indonesian publicly listed holding company with diversified energy and investment activities. Comparable as a small IDX-listed holding vehicle with a parent-group style governance approach.
• PT Panin Financial Tbk: A Panin Group-affiliated listed financial services entity in Indonesia. Closely comparable as another publicly traded member of the same conglomerate with shared group identity and resource base.
• PT Eureka Prima Jakarta Tbk: Indonesian publicly listed holding and investment company. Comparable as a small IDX-listed entity functioning as an investment vehicle with diversified holdings.
• PT HD Capital Tbk: Indonesian listed investment and financial services holding entity. Comparable as a small IDX-listed holding operating with financial services and capital allocation focus.
• PT M Cash Integrasi Tbk: Indonesian publicly listed holding company that has pivoted across sectors. Comparable as a small-to-mid cap IDX-listed entity operating in a holding/investment capacity with active business reshaping.
• PT Inti Bangun Sejahtera Tbk: Indonesian publicly listed holding company with diversified operating subsidiaries. Comparable as a small IDX-listed holding entity managing a portfolio of operating businesses.

Broad incumbents

• PT Panin Dai-ichi Life: Panin Group's life insurance joint venture with Dai-ichi Life. Comparable as a group-affiliated financial services entity that benefits from the same parent conglomerate support as Paninvest.
• PT Panin Bank Tbk: The flagship Panin Group entity and parent-affiliated bank. Comparable as the central operating entity within the same conglomerate, providing the governance and infrastructure that Paninvest relies on.
• PT Asuransi Multi Artha Guna Tbk: The Indonesian general insurance company that absorbed PT Panin Insurance's portfolio in 2015 and was divested to Fairfax Asia. Directly comparable via the shared business history and prior ownership link.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

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 Paninvest