following the independence of Indonesia, its operations in the country were nationalized like those of other major Dutch financial firms, and formed the foundation for today's Asuransi Jiwasraya [id].
The Nederlandsch-Indische Levensverzekerings en Lijfrente Maatschappij was founded in 1859 by CFW Wiggers Kerchem, who later worked as President of the Bank of Java.
In 1939, NILLMIJ expanded its operations by acquiring NV Java Hypotheekbank, further solidifying its presence in the Dutch East Indies.
The NILLMIJ constructed several architecturally significant buildings in the Dutch East Indies, reflecting its prominence during the colonial period.
Notable examples include offices in Jakarta, Semarang, and Bandung, many of which have survived long after the company ceased operations in Indonesia.