Indonesian Political, Business & Finance News

IFG Holding Member Records Rp4.02 Trillion in Premiums and 52.91% Net Profit Increase

| | Source: MEDIA_INDONESIA Translated from Indonesian | Finance
IFG Holding Member Records Rp4.02 Trillion in Premiums and 52.91% Net Profit Increase
Image: MEDIA_INDONESIA

PT Asuransi Jasa Indonesia (Jasindo) has recorded positive performance throughout 2024, with premium growth of 21.65% reaching Rp4.02 trillion. The company’s net profit also increased by 52.91% to Rp157.33 billion. Furthermore, the company’s financial health, reflected by its Risk-Based Capital (RBC), reached 150.40%. This achievement was supported by the performance of several leading business lines, including property, engineering, cargo, marine hull, and the energy sector.

Jasindo’s Corporate Secretary, Brellian Gema, stated that these results indicate that the company’s ongoing transformation strategy is yielding positive outcomes. “The achievements obtained by the company show that our transformation strategy is on the right track. Moving forward, our focus is to maintain the quality of this growth through disciplined underwriting, prudent risk management, and increasingly better service to policyholders,” Brellian said in a statement.

As a member of the Indonesia Financial Group (IFG) holding, Jasindo continues to strengthen its contribution to society. To date, the company has provided protection to over 464,000 farmers through the Rice Crop Insurance (AUTP) programme. Additionally, Jasindo conducts financial and insurance literacy programmes through ‘Jasindo Goes to School & Campus’ in various regions. The company also set a MURI (Indonesian Guiness World Records) record for providing collective personal accident insurance policies for high school students across Indonesia.

Entering 2025, Jasindo is strengthening the implementation of Environmental, Social, and Governance (ESG) principles as part of its corporate sustainability strategy. This commitment is realised through various programmes aimed at providing a positive impact on the environment, society, and corporate governance. This spirit of sustainability was also reflected in the 53rd anniversary celebrations of Jasindo through the Narasemesta Jasindo, Peken Jasindo, and Satyaraga Jasindo programmes held across five regions in Indonesia.

Under the theme “Together We Grow, Beyond We Serve,” Jasindo reaffirmed its commitment to growing alongside the community and stakeholders. “Moving forward, we want to continue growing with the community, partners, and all stakeholders through even better services, strong governance, and contributions that deliver real impact,” said Brellian. She added that the theme is not merely a celebratory slogan but a commitment to providing sustainable benefits and supporting Indonesia’s development.

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