JAKARTA (Yosefardi) – Insurance company PT AIA Financial booked profit after tax of Rp884.34 billion in 2014, jumped 48.5% from Rp595.86 billion in 2013.
Revenue surged 75.6% to Rp11.95 trillion from previous Rp6.81 trillion. Net premium income rose 18.2% to Rp6.49 trillion from earlier Rp5.49 trillion.
Meanwhile claim and benefit expenses soared 120% to Rp8.59 trillion from Rp3.9 trillion in 2013. Its assets reached Rp35.6 trillion while liability amounted Rp26.8 trillion.
PT Asuransi MSIG Indonesia booked profit after tax of Rp138 billion in 2014, grew by 19.7% from Rp172 billion in 2013. Underwriting income rose 1.5% to Rp270 billion. Its assets reached Rp2.66 trillion while liability amounted Rp2.24 trilion.
PT Asuransi Cigna reported a 58.5% drop in profit after tax to Rp46 billion in 2014, from Rp111 billion in 2013. Revenue declined 10% to Rp1.2 trillion from previous Rp1.1 trillion.
Claim and benefit expenses jumped 57.7% to Rp328 billion from earlier Rp206 billion. Its assets reached Rp1.87 trillion while liability amounted Rp1 trillion.