Investor Presentaiton
Source: OJK
900
800
700
600
500
400
300
200
100
о
Jan-19
Apr-19
୦୧
IDR Tn
45
Jan-19
Apr-19
Jul-19
20
40
ON W WA
30
35
Oct-19
Jan-20
Apr-20
Life Insurance (Lhs)
threshold Insurance RBC (Lhs)=120%
Jul-19
Oct-19
Jan-20
Apr-20
Jul-20
Oct-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
In October 2023, insurance premiums marked a total increase of
IDR32.22 Tn (mtm) with General and Life insurance added premiums
at IDR17.74 Tn and IDR14.48 Tn, respectively.
General insurance
Life insurance
Insurance and Pension Funds
Insurance and pension funds continue to improve, shown by adequate performance and manageable risks.
Jan-22
Apr-22
Jul-22
Oct-22
Jan-23
Apr-23
Jul-23
Oct-23
240
220
200
180
160
140
14,48
120
100
80
60
17,74
40
20
0
In October 2023, the Investment Adequacy Ratio of both Life Insurance
and General Insurance stayed well above the threshold at 129.08% and
193.44%, respectively.
Risk-Based Capital (RBC) of the insurance industry remained well above
the minimum threshold with Life Insurance at 435.98% and General
Insurance at 340.54% in October 2023.
In October 2023, pension fund and insurance investment values
experienced a slight decrease and stood at IDR346.52 Tn and IDR1,520.16
Tn, respectively.
General Insurance (rhs)
%
IDR Tn
400
340,54
350
1.500
300
1.200
435,98
250
200
900
threshold Insurance RBC (rhs)=120%
150
600
100
50
300
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Apr-22
Jul-221
Oct-22
Jan-23
Apr-23
£z-\n(
Oct-23
0
Jan-19
Apr-19]
61-15
Oct-19
oz-uer
Apr-20
Jul-20
Life Insurance
General Insurance
193,44
threshold Investment Adequacy Ratio=100%
Jan-19
Apr-19
Jul-19-
Oct-19-
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-
Insurance
Pension Funds (rhs)
IDR Tn
1520,16
400
346,52
350
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Apr-22
Jul-22
Oct-22
Jan-23
Apr-23]
Jul-23
Oct-23
200
250
85
85
300
Apr-23-
Jul-23
Oct-23
129,08View entire presentation