Tagged with keyword : insurance
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Insurance Industry Must Have Strong Capital
The insurance industry, just like other financial industries, is based on trust therefore should be equipped with sufficient capital.
However, unlike in the banking industry, Indonesians are...
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General Micro Insurance Gets Distribution Constraint
JAKARTA: General Micro Insurance growth constrained due to minimum distribution line so that impacted insurance company financial incriminate.
Executive Director of General Insurance Indonesia... -
General Insurance Industry May Grow by 25% a Year
JAKARTA: Indonesia's general insurance industry is optimistic to record over 25% growth in the coming years.
General Insurance Association of Indonesia (AAUI) Executive Director Julian Noor... -
Life Insurance premium might grow by 25%
JAKARTA: Life insurance’s total premium in 2012 is projected to increase by 25% to IDR117 trillion than IDR93.6 trillion in 2011.
The total premium consists of new business premiums...
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GENERALI INDONESIA’s premium grows by 93.7%
JAKARTA: PT Asuransi Generali Indonesia booked 93.7% gross premium growth in January-September amid hiking traditional and non-traditional life insurance business.
Gross premium in the third... -
MARKET MOVING: Seven insurance companies books IDR1.18 trillion net proft
JAKARTA: Around seven listed insurance companies booked a total IDR1.18 trillion net profit in January-September, rose 24.4% than IDR949.21 billion in the same period last year.
Among the seven, PT...
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Asuransi Bintang’s Net Profit Jumps 110% to IDR6.35 Billion
JAKARTA: Insurance Company, PT Asuransi Bintang Tbk net profit jumped 110% to IDR13.34 billion in third quarter of 2012 from IDR6.35 billion in 2011.
Asuransi Bintang Finance Director Jenry Cardo...
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JIWASRAYA pockets IDR700 bn from unit-linked
JAKARTA: PT Asuransi Jiwasraya (Persero) booked IDR700 billion premium from unit-linked unit in January-September.
The figure is 22.5% of the state-owned life insurance company total premium...
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AAJI eyes 30% premium growth next year
DENPASAR: Indonesia life insurance industry is eyeing 30% national life insurance growth in 2013, but it’s still considering macroeconomic policy.
Premium growth has the potential to...
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INSURANCE: Reduce Investment in Stock
JAKARTA: National life insurance businesses choose to brake investing in stocks and divert them to bonds investment and state securities (SBN) as the turmoil in the capital market due to global...
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BUMIDA Submits IDR1 Billion Insurance Claims
JAKARTA: PT Asuransi Umum Bumuputera Muda 1967 (Bumida) submitted personal accident insurance claim worth IDR1 billion to heirs of victims of the crash Cessna CN-PKIWH happened in Samarinda, August...
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Wahana Tata to expand retail segment
JAKARTA: General insurance company PT Asuransi Wahana Tata is planning to expand its retail segment by selling motor vehicle insurance products and properties insurance products for individual.
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MNC ASURANSI INDONESIA’s gross premium grows 199%
JAKARTA: PT MNC Asuransi Indonesia, a general insurance company under MNC Group, booked 199.4% growth in gross premiums in the first half of 2012, as boosted by aviation insurance business.
The... -
ANNUAL BUDGET SPEECH: All Indonesian to Have Health Insurance by 2019
JAKARTA: The government is targeting the entire population of Indonesia have health insurance by 2012 at the latest.
President Susilo Bambang Yudhoyono said that Health and Social Security... -
ALLIANZ Profit Beats Analyst Estimates on Life, Health Unit
FRANKFURT: Allianz SE, Europe’s biggest insurer, said second-quarter profit climbed more than analysts estimated after earnings increased at its life and health business.
Net...
