Home/Indonesia/AXA Mandiri Financial Services

privateFinancial Strength: S&P AA- (AXA Group)Online Signup

AXA Mandiri Financial Services

PT AXA Mandiri Financial Services

85.9Score

★★★☆☆3.8

Customer satisfaction · 2.0M members

S&P: AA- (AXA Group)(2025)OJK: Top 3 by Assets(2025)

AXA Mandiri is a joint venture between AXA Group and Bank Mandiri (Indonesia's largest bank), with total assets of IDR 42.17 trillion. It leverages strong bancassurance distribution through Bank Mandiri's extensive network and offers robust group/corporate health insurance products.

Overall Score

85.9/100

Founded

1994

Headquarters

Jakarta

Type

private

Get a Free Quote→

No obligation. Compare personalized rates.

Key Metrics

Total Assets

IDR 42.17 trillion

Partner

Bank Mandiri (largest bank)

Ranking

Top 3 by assets

Distribution

Bancassurance via Bank Mandiri

Editorial Ratings

S&P: AA- (AXA Group)(2025)

Rating: AA- (AXA Group parent) (max: AAA)

85S&P

OJK: Top 3 by Assets(2025)

Rating: Top 3 by assets (IDR 42.17 trillion) (max: #1)

86.7OJK

Coverage Highlights

✓Third-largest by assets in Indonesian life insurance
✓Strong bancassurance through Bank Mandiri (Indonesia's largest bank)
✓AXA global insurance expertise
✓Robust group/corporate health insurance products
✓Total assets of IDR 42.17 trillion

Pros

✓Strong bancassurance through Indonesia's largest bank
✓AXA global financial backing
✓High total assets
✓Good corporate health products

Cons

✗Heavily dependent on Bank Mandiri channel
✗Joint venture structure can limit flexibility
✗Less direct agent presence
✗English services limited

Frequently Asked Questions

What is AXA Mandiri's partnership structure?

AXA Mandiri is a joint venture between AXA Group (France) and Bank Mandiri, Indonesia's largest bank by assets. It distributes primarily through Bank Mandiri's extensive branch network.

How strong is AXA Mandiri financially?

AXA Mandiri has total assets of IDR 42.17 trillion and benefits from AXA Group's S&P AA- financial strength rating.

What health products does AXA Mandiri offer?

AXA Mandiri offers individual and group health insurance products, with particular strength in corporate/group health plans distributed through Bank Mandiri's banking network.

Quick Summary

InsurerAXA Mandiri Financial Services

Country🇮🇩 Indonesia

Overall Score85.9/100

Satisfaction3.8/5

Members2.0M

Typeprivate

Founded1994

Other Insurers in Indonesia

Prudential Indonesia

private

92.5

/ 100

Manulife Indonesia

private

/ 100

Allianz Life Indonesia

private

/ 100

AIA Financial Indonesia

private

89.2

/ 100

Sun Life Indonesia

private

87.5

/ 100

Ready to get covered?

Get a personalized quote from AXA Mandiri Financial Services today.

Get Free Quote→