JAKARTA (Indonesia Today) – Insurance company PT AXA Mandiri Financial Services posted profit after tax of Rp1.01 trillion in 2012, grew by 20% from Rp845 billion in 2011.
Revenue increased to Rp6.37 trillion from previous Rp5.28 trillion. Premium income accounted for Rp5.67 trillion, compared to Rp4.85 trillion in 2011.
Total expenses reached Rp3.82 trillion while cost of acquisition amounted Rp809.71 billion.
As of December 2012, its assets totaled Rp14.33 trillion while liability amounted Rp12.72 trillion. (hans@theindonesiatoday.com)