JAKARTA (Yosefardi) – State life insurer PT Jiwasraya booked net profit of Rp661.67 billion in 2014, grew 44.7% from Rp457.24 billion in 2013.
The company booked premium income of Rp6.18 trillion, up 8.9% from previous Rp5.67 trillion. Net revenue rose 4.5% to Rp7.76 trillion from earlier Rp7.43 trillion.
While claims increased 12.8% to Rp4.54 trillion from Rp5.21 trillion in 2013. Its assets totaled Rp20.79 trillion while liability amounted Rp18.36 trillion.
Jiwasraya mulls to launch the initial public offering (IPO) this year.