Deregulation in field finance on end year 1980s cause the fall ethnic group premium insurance in Indonesia become level Which The same to countries Which No own danger disaster natural. Due to competition Which excessive cause practice market insurance give insurance without give rates Which adequate. As a result arise concern Which increase, whether insurance can fulfil his obligation to holder policy when happen earthquake earth Which big Which overwrite Wrong One city big or in a way economy And industry very vital.

Responding to matter in on through launch regulations And administration, government require all over company insurance And reinsurance Which operating in Indonesia And own permission operate For to organize And insure risks special through business together from all over company the. Business together This is Pool Reinsurance Earthquake Earth Indonesia (PRGBI). All over company insurance must follow as well as in Pool Reinsurance Earthquake Earth. PRGBI start its operation on 1 January 2003. On moment Which The same, rates insurance earthquake earth must introduced And approved by government. Effective start date 1 January 2004 PRGBI changed become company private named PT Insurance MAIPARK Indonesia.

MAIPARK abbreviation from Airlines Insurance Indonesia (MAI) And Company Insurance Risk Special (PARK). MAI is company insurance general the oldest in Indonesia And permission its stance purchased by 32 holder share founder on date 23 December 2003 through meeting general holder shares.

Disaster natural cause the amount loss treasure object And victim soul Which very big every the year. In general scale economy, in a way constant increase because of growth population And mark technology Which concentrated on areas Which potential vulnerable disaster.
Regardless to serve research knowledge, incident disaster natural Which in a way general difficult predicted And happen in a way random, still become challenge specifically disaster earthquake earth.

Because location archipelago Republic Indonesia Which prone to to disaster earthquake earth, cause Indonesia vulnerable to disaster earthquake earth, eruption mountain fire, And flood. Incident earthquake earth And tsunami Which happen in date 26 December 2016 in Coast west Sumatra become center attention media international And is a reminder Which main to the magnitude damage Which caused consequence disaster.

Industry insurance play role Which very important in support growth economy through difference risk And absorb vulnerability. Insurance act as machine recovery economy after the occurrence disaster natural Which big. The goal is For to form community insured Which pay premium Which Enough in get guarantee to the emergence loss Which due to by disaster nature.

When insurance No can prevent the occurrence disaster natural And loss to soul, insurance can help public protect consequence finance Which caused to House And his efforts with method buy insurance earthquake earth. When insurance offer protection to risk earthquake earth, No There is obligation special that consumer buy insurance earthquake earth or borrower KPR must buy it. With help reinsurance Good reinsurance local and also international, to company that's it risk disaster the transferred, industry insurance And government reduce danger risk fiscal And finance Which caused by it.

In side function MAIPARK as reinsurance, MAIPARK Also involved on activity study, mitigation to public about disaster natural, mitigation risk And Also Lots study about standard building code Which safe And right.