JAKARTA (Yosefardi) – State life insurer PT Jiwasraya booked net profit of Rp190 billion in the first quarter of 2015, grew 45% from the same period of 2014.
The company booked premium income of Rp2.3 trillion, The company targets to book premium income of Rp8-9 trillion for this year.
As at December 2014, Jiwasraya’s assets totaled Rp20.79 trillion while liability amounted Rp18.36 trillion.
Jiwasraya mulls to launch the initial public offering (IPO) this year.