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K81411 - Life Insurance

Company News
Boosting the Target
Bisnis Indonesia, page 1 (13-February-2007)
President Director of Asuransi Jiwa Bersama Bumiputera 1912 Madjdi Ali mentioned that Bumiputera aimed to increase its 2007 premium income target to Rp 4.5 trillion, or 32 percent higher than last year’s premium income of Rp 3.4 trillion.
AJB Bumiputera Obtains Rp.1.6 Trillion Premium
Bisnis Indonesia, page B1 (29-August-2005)
Asuransi Jiwa Bersama (AJB) Bumiputera 1912 scored a premium of Rp.1.6 trillion by June 2005, up 6.7 percent compared to the same period of time the year before. This is slightly below the 10% target for the first half of 2005. The number of claims they have paid in the first half of this year reached Rp.899.8 billion, or increased 7.21 percent compared to the same period of time the year before. AJB Bumiputera booked a liquidity risk as much as 174.56 percent, which is above the government standard of 150 percent. Especially for mutual insurance, the liquidity determination differs from a risk-based capital for regular insurance of 120 percent.

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Latest Updates 19-December-2023
Major Businessline : Life insurance

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