OJK reports insurance industry assets at Rp1.2 quadrillion in April 2026

Chief Executive of Insurance, Guarantee, and Pension Fund Supervision at the Financial Services Authority (OJK) Ogi Prastomiyono stated that total assets in the insurance industry reached Rp1.2 quadrillion in April 2026, growing by 3.39 percent year-on-year (yoy). “Insurance industry assets in April 2026 reached Rp1,202.16 trillion, or an increase of 3.39 percent year-on-year,” Ogi Prastomiyono said in Jakarta on Friday. He noted that this figure comprised commercial insurance assets of Rp984.20 trillion, up 4.65 percent yoy, and non-commercial insurance assets valued at Rp217.96 trillion, contracting by 1.95 percent yoy. Examining the performance of commercial insurance in more detail, Ogi said the sector’s premium income reached Rp116.01 trillion as of April 2026, a slight decline of 0.36 percent yoy. In aggregate, the two sectors recorded a Risk Based Capital (RBC) ratio of 476.11 percent and 311.74 percent respectively, well above the regulatory threshold of 120 percent. Meanwhile, in the pension fund industry, total assets grew by 6.12 percent yoy to Rp1.69 quadrillion as of April 2026. However, this growth was lower than the 10.54 percent yoy recorded in March 2026. This figure consisted of voluntary pension programme assets valued at Rp410.14 trillion, up 5.63 percent yoy, and mandatory pension programme assets which surged 10.13 percent yoy to Rp1.28 quadrillion. “In the guarantee sector, asset values contracted by 1.28 percent yoy to Rp46.73 trillion in April 2026,” Ogi added.