November 5, 2003 Pt. Asuransi Mitsui Sumitomo Indonesia was ranked first place in "Rating of General Insurance 2003 InfoBank version" Pt. Asuransi Mitsui Sumitomo Indonesia, the Indonesian subsidiary of Mitsui Sumitomo Insurance, was ranked first place in "Rating of General Insurance 2003 InfoBank version." 1. About the ranking InfoBank Magazine is the biggest financial magazine publisher (owned mainly by the Indonesian national bank) and it does an annual performance assessment every year in accord with the ways taken by Indonesian finance authority.   For this year, 96 companies out of the 103 general insurance companies were assessed and evaluated by use of quantitative data, which is based on published financial report and collected from mass media, Finance Department or even the related general insurance companies.   The factors used to evaluate the financial performance of general insurance companies in Indonesia are: 1. Ratio of Risk Based Capital (RBC) of which the best standard is equal to or more than 75%   2. Ratio of liquidity of which the best standard is equal to or more than 120% and Ratio of Obligatory Deposit towards technical reserve is equal to or more than 15%   3. Ratio of technical reserve towards current assets of which the best standard is less than 100% and the best ratio of accumulation of technical reserve and net equity towards net premium income is more than 150%   4. Ratio of premium reserve towards net premium retained of which the best standard is more than 40%   5. Alteration of gross premium income of which the best standard in each category of insurance is:     - Large-sized general insurance companies: equal to or more than 25%     - Middle-sized general insurance companies: equal to or more than 22%     - Small-seized general insurance companies: equal to or more than 23%   6. Ratio of premium retained towards capital of which the best achievement is less than 280%   7. Ratio of investment towards accumulation of technical reserve and claims payable of which the best standard is equal or more than 100%   8. Ratio of Net Claims Expenses towards net premium of which the best ratio is equal to or less than 100%   9. Ratio of accumulation of claims expenses, venture, and commission towards premium income which best ratio is under or equals to 100% Ratio of profit (or loss) before tax towards average net equity of which the best ratio is more than or equal to 13% taken from the average of annual interest rate.   < Top Ten of Large-sized insurance companies : Gross premium earned over Rp. 200 Billion> Rank Name of Company Total points   1 ASURANSI MITSUI SUMITOMO INDONESIA 93.00   2 ASURANSI DAYIN MITRA 92.07   3 ASURANSI AIU INDONESIA 91.19   4 ASURANSI RAMA SATRIA WIBAWA 88.97   5 ASURANSI ALLIANZ UTAMA INDONESIA 87.85   6 ASURANSI CENTRAL ASIA 84.00   7 ASURANSI WAHANA TATA 81.27   8 ASURANSI TOKIO MARINE INDONESIA 81.12   9 ASURANSI ASTRA BUANA 80.22   10 ASURANSI SINAR MAS 73.18 2. About the Company 1) Name Pt. Asuransi Mitsui Sumitomo Indonesia 2 ) Establishment Established in 1974, the company became licensed for all lines of general insurance business in 1970 and is one with the longest business standing of Japanese insurance companies in Indonesia. 3 ) Gross Premium Income (Million yen) Year 1999 2000 2001 2002 Gross premium 3,500 4,700 6,300 7,500 Rate of increase - 34% 34% 19% * Exchange rate : Japanese Yen 0.0134 per Indonesian Rupia * Rate of increase : Against previous year's 3. About Indonesian Insurance Market 1) Number of insurance companies Non life insurance companies : 103   Life insurance companies : 60 2) Premium volume(non life insurance companies) (Million yen) Year 1998 1999 2000 2001 Gross premium 79,900 96,800 110,300 104,200 Rate of increase - 21% 14% -6% * Exchange rate : Japanese Yen 0.0134 per Indonesian Rupia * Rate of increase : Against previous year's * Pt. Asuransi Mitsui Sumitomo Indonesia is 7th largest in gross premium in the Indonesian non-life insurance market.