Manulife Indonesia reports 161.5% rise in after-tax profit to IDR 1.28 trillion in 2025

Manulife Indonesia reported a 161.5% year-on-year increase in after-tax profit, reaching IDR 1.28 trillion in 2025, driven by higher insurance service income and investment returns. Insurance service income stood at IDR 3.97 trillion, with net insurance service income of IDR 29.977 billion. Investment income and gains, including PAYDI, totalled IDR 5.09 trillion, with net insurance and investment income of IDR 1.28 trillion.

“In 2025, coinciding with Manulife’s 40th anniversary in Indonesia, we recorded solid financial performance supported by business growth, disciplined investment management, and strong solvency levels,” said Manulife Indonesia President Director & CEO Lauren Sulistiawati in a statement in Jakarta on Thursday.

Lauren added that the achievement underscores business resilience, customer trust, and the company’s commitment to long-term protection for Indonesian families.

Total assets reached IDR 66.17 trillion as of December 2025, with a solvency coverage ratio (RBC) of 650%, well above the regulatory minimum of 120%.

Manulife Sharia Indonesia, a subsidiary of Manulife Indonesia, also recorded positive performance growth in 2025. Total business income amounted to IDR 30.21 billion, a significant rise from IDR 6.65 billion in 2024, driving asset growth to IDR 1.55 trillion.

Solvency ratios remained robust, with Tabarru’ Fund and Tanahud Fund ratios at 797% and Company Fund at 5,433%, far exceeding OJK requirements.

Throughout 2025, Manulife Sharia Indonesia paid out IDR 8.39 billion in claims to participants, a 99% year-on-year increase, reflecting its active role in providing Sharia-based financial protection.

The company also recorded a Tabarru’ Fund underwriting surplus of IDR 766 million, indicating healthy participant fund management.

Manulife Sharia Indonesia President Director & CEO Fauzi Arfan noted rising public interest in Sharia-based protection reflects growing trust in value-driven approaches to financial security.

In its first year of independent Sharia operations, Fauzi highlighted positive market response, as reflected in the company’s rapid growth.

“Grounded in the principles of Sharing, Growing, and Impacting, we are committed to expanding Sharia protection solutions relevant to Indonesian families while delivering tangible and sustainable social contributions to the community,” Fauzi said.