Panin Financial previously known as PT Panin Life Tbk, was established in 1974 as a company engaged in life insurance field and has been listed in the Indonesia Stock Exchange (previously Jakarta Stock Exchange) since 1983.

PT Panin Life Tbk is one of the members of Panin Group which business activities are in various financial service sectors, such as banking, life insurance, general insurance, financing, and securities.

For more than 30 years running the business in Indonesia, it is proven that PT Panin Life Tbk is able to survive in varying economic condition. It reflects the commitment of the main shareholders to become a company that the Indonesian people can rely on. All this time, PT Panin Life Tbk is able to cope with the challenges and changes in the insurance industry in Indonesia, by among others, serving the needs of the customers with insurance products associated to investment (unit linked and investment linked) and Sharia based life insurance product.

In 2010, PT Panin Life Tbk has changed its business area to become a company engaging in the field of management, business, and administration consultant. To increase its performance and focus on developing its business in life insurance field, the life insurance portfolio was transferred to its subsidiary, PT Panin Anugrah Life, and PT Panin Life Tbk changed its name into PT Panin Financial Tbk.