JAKARTA (Indonesia Today) – PT Panin Insurance reported net profit of Rp789.65 billion in 2012, grew 23% from Rp641.97 billion in 2011.
The company booked net premium income of Rp113.81 billion, higher than Rp104.52 billion in 2011. Underwriting expense totaled Rp30.09 billion.
It also booked investment return of Rp751.75 billion. Its assets totaled Rp6.46 trillion while liability amounted Rp288.21 billion. (hans@theindonesiatoday.com)