Investor Presentaiton
Jan-19
Apr-19
Insurance and Pension Funds
Insurance and pension funds continue to improve, shown by adequate performance and manageable risks.
IDR Tn
40
35
30
15
10
25050
In February 2023, insurance premiums marked a total increase of
IDR23.56 Tn (mtm) with General and Life insurance added premiums
at IDR9.25 Tn and IDR14.31 Tn, respectively.
General insurance
Life insurance
Risk-Based Capital (RBC) of the insurance industry remained well above
the minimum threshold with Life Insurance at 478.21% and General
Insurance at 320.81% in February 2023.
240
220
200
180
160
140
120
100
14.31
80
60
40
9.25
20
0
%
Life Insurance (Lhs)
General Insurance (rhs)
%
IDR Tn
900
400
800
320.81
1,500
350
700
300
600
1,200
478.21 250
500
200
900
400
300
threshold Insurance RBC (rhs)= 120%
150
600
COOOOO
200
100
threshold Insurance RBC (Lhs)=120%
100
50
300
о
61-Inг
Oct-19
Jan-20
Source: Financial Services Authority (OJK)
Apr-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Apr-22
Jul-22
Oct-22
Jan-23
0
TT
Jan-19
Apr-19-
Jul-19
Oct-19
$
do
%
In February 2023, the Investment Adequacy Ratio of both Life Insurance
and General Insurance stayed well above the threshold at 121.93% and
198.63%, respectively.
Life Insurance
General Insurance
198.63
threshold Investment Adequacy Ratio= 100%
Jan-20
Apr-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Apr-22
Jul-22
Oct-22
Jan-23
In February 2023, pension fund investment values continued the upward
trend and stood at IDR337.31 Tn, whereas insurance investment values
remained steady at IDR1,447.80 Tn, respectively.
Insurance
Jan-19
Apr-19
Jul-19
Oct-19
Jan-20
Apr-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Pension Funds (rhs)
IDR Tn
1447.8
400
337.31
350
Oct-21
Jan-22
Apr-22
Jul-22
Oct-22
Jan-23
200
250
300
121.93View entire presentation