JAKARTA (Yosefardi) – State life insurer PT Jiwasraya booked profit after tax of Rp169.58 billion in the first half of 2915 on revenue of Rp3.78 trillion. Premium income accounted for Rp3.83 trillion.
Its assets reached Rp22.16 trillion while liability amounted Rp19.63 trillion. In 2014, Jiwasraya booked profit of Rp661.67 billion on revenue of Rp7.76 trillion.
Meanwhile state pension PT Taspen booked investment income of Rp6 trillion in the first half of this year, half of this year target (Rp12 trillion).
Some 15% investment allocation to stocks were switched to time deposits. It only invested 5% funds in stocks portfolio, from intial plan of 18-20% investment.
Taspen’s investment totaled Rp133 trillion in the first half, exceeding 50% of this year target of Rp136 trillion, 60-70% invested in the government’s bonds and 30% in time deposits.