Ciputra Life Records 69% Surge in Investment Returns Throughout 2025 - Finansial Bisnis
PT Asuransi Ciputra Indonesia or Ciputra Life recorded investment returns of Rp66.24 trillion throughout 2025.
Ciputra Life’s President Director, Hengky Djojosantoso, stated that the value of these investment returns grew by 69% (year on year/YoY).
“The largest portion of the company’s investments is in fixed-income instruments, namely government bonds, followed by corporate bonds,” he told Bisnis, as quoted on Monday (23/3/2026).
Hengky continued that life insurance companies are generally attracted to investment instruments with long-term liability profiles, such as government bonds, corporate bonds, and shares.
Nevertheless, he added, insurance companies typically consider their own liability profiles or obligation profiles when determining investment instruments.
“For Ciputra Life itself, the majority of investment placements are in government bonds, followed by corporate bonds, while for the stock market, we make placements selectively,” he said.
Furthermore, he noted that mining and energy are currently attractive sectors for the company. However, when investing in the stock market, the sector is not the primary consideration for Ciputra Life.
“We always pay attention to fundamental factors, as well as the future growth prospects of the company,” said Hengky.
For 2026, Hengky revealed that the company’s investment management will continue to aim to ensure the fulfilment of the company’s obligations, especially to customers, both in the short, medium, and long term.
According to him, portfolio diversification is an obligation, by placing investments in instruments with short, medium, and long durations in line with the company’s obligation durations (asset liability management).
“In the midst of high market volatility, we tend to be more cautious in placing investments in instruments with a longer investment horizon,” he emphasised.
It is known that the Indonesian Life Insurance Association (AAJI) recorded investment returns in the life insurance industry throughout 2025 rising significantly by 103.1% YoY to Rp47.32 trillion.
Ciputra Life assesses that this occurred due to the decline in the BI Rate, which drove down bond yields and caused appreciation in bond prices, both government and corporate bonds.
In addition, Hengky explained, the decline in the BI Rate also caused a decrease in banking interest rates, so the interest costs borne by companies became lower and corporate profit projections increased.
“The expectation of increased profits then drives appreciation in the share prices of companies listed on the Indonesia Stock Exchange [BEI],” he said.