Jiwasraya's premium up

Jiwasraya's premium up

JAKARTA (JP): State-owned life insurance firm PT Asuransi
Jiwasraya said its gross premium increased by 75.97 percent to Rp
462.8 billion (US$40.5 million) between January and June, from Rp
351.6 billion in the same period last year.

Company president Soedradjat Djajakoesoema said late last week
the increase was mainly due to a growth in sales of existing and
newly launched products.

"It indicates the strong response from the public to our
firm," he was quoted by Antara as saying.

He added that three of the company's 17 branches -- two in
Jakarta and one in Surabaya, accounted for about 50 percent of
the total premium.

Soedradjat said the first semester result was 44 percent of
the full-year premium target of Rp 1.04 trillion.

"Therefore, we are more than optimistic about meeting this
year's target," he said. (05)