Improvement in IFG's Performance Deemed to Have Positive Impact on Insurance Industry

JAKARTA - PT Asuransi Jiwa IFG (IFG Life) has successfully achieved positive business development throughout 2025. The company recorded consolidated premium income of Rp 6.77 trillion, an increase of 8.56% from the previous year. The Acting Director of Finance and President Director of IFG Life, Ryan Diastana Firman, stated that this achievement reflects the effectiveness of the financial management strategy. Since its establishment in October 2020 until December 2025, IFG Life has paid out claims exceeding Rp 23.4 trillion. Additionally, the company’s equity is recorded at Rp 4.84 trillion. This positive performance further strengthens the company’s capital structure, with a Risk Based Capital (RBC) of 202.95%, far above the minimum requirement set by the Financial Services Authority (OJK) of 120%. IFG Life has also met the minimum equity threshold for the life insurance industry set by OJK, namely Rp 500 billion in 2026 and Rp 1 trillion in 2028. This assessment aligns with improvements in corporate governance that are increasingly transparent and accountable. Herman stated that IFG Life is now beginning to generate profits, a sign that the public trusts the company’s insurance management. According to him, good management not only strengthens IFG Life but also increases public confidence in other insurance industries. He hopes that the trust given by the public can continue to be maintained. Herman emphasised that transparency and accountability are key to public trust. Offering realistic returns is important so that the company does not face problems in the future, especially amid uncertain global political and economic conditions. The legislator from West Java stressed that the insurance industry can only develop if governance is carried out well. Public trust becomes the main foundation, because without it, people will not entrust their money and future to insurance companies.