This edition of Milliman’s Indonesia Life Insurance Newsletter reviews market performance for the second quarter of 2025 and key industry developments from the third quarter. We also discuss new products in the traditional and Syariah markets, along with regulatory developments, distribution updates, and macroeconomic news.
Findings include:
- Net premium income fell in the second quarter by Indonesian rupiah (IDR) 2.4 trillion to IDR 69.47 trillion, compared with the same period a year earlier.
- Total income rose IDR 1.16 trillion to IDR 94.97 trillion.
- Total expenses fell IDR 2.35 trillion to around IDR 86.70 trillion.
- Net profit before other comprehensive income increased by IDR 3.65 trillion to IDR 7.55 trillion.
- Total assets rose by IDR 9.36 trillion to IDR 595.97 trillion.
- Total technical reserves rose slightly to IDR 416.36 trillion from IDR 415.32 trillion.