JAKARTA (Yosefardi) – State insurer PT Asuransi Kredit Indonesia (Askrindo) booked profit after tax of Rp246.7 billion in 2013, declined 29.7% from Rp350.7 billion in 2012.

The underwriting revenue dropped 36.9% to Rp698.59 billion from previous Rp1.11 trillion. Premium income totaled Rp777.68 billion, lower than Rp1.56 trillion in 2012.

Its assets totaled Rp4.73 trillion while liability amounted Rp643.9 billion.