This edition of Milliman’s Indonesia Life Insurance Newsletter reviews market performance for 2025 and key industry developments from the first quarter 2026. We also discuss new products in the traditional, unit-linked, Syariah, and microinsurance markets, along with new digital features, regulatory developments, distribution updates, and macroeconomic news.

Findings include:

• Net premium income fell in 2025 by Indonesian rupiah (IDR) 3.80 trillion to IDR 152.63 trillion, compared with the same period a year earlier.
• Total income rose IDR 9.43 trillion to IDR 206.92 trillion.
• Total expenses rose by IDR 8.71 trillion to IDR 195.79 trillion.
• Net profit before other comprehensive income increased by IDR 1.16 trillion to IDR 10.02 trillion.
• Total assets rose by IDR 44.22 trillion to IDR 629.25 trillion.
• Total technical reserves rose IDR 28.47 trillion to IDR 442.45 trillion.