JAKARTA (Yosefardi) – PT Sun Life Financial Indonesia suffered loss after tax of Rp137 billion in 2014, against profit Rp264 billion in 2013.
Income rose 41.6% to Rp1.69 trillion from previous Rp1.19 trillion. Premium income increased 9.8% to Rp882 billion from earlier Rp803 billion.
However the company’s claim expenses jumped 163% to Rp1.28 trillion from Rp489 billion in 2013. Total expenses reached Rp1.83 trillion, a 96% jump from Rp932 billion in 2013.
Its assets reached Rp6.2 trillion while liability amounted Rp5 trillion.
Sun Life Financial is a financial services company providing financial planning, life insurance, health insurance, investments and more.