Financial Highlight

 

Transparency should be prioritized to build customer satisfaction. By transparency, people can easily monitoring the growth of the company, so it can be used to ascertain the quality of the company.

And this is what we maintain to get support from our customers, shareholders, and other stakeholders. By transparency, especially in financial review, everything can be monitored. This can also be our proven track records to show the increasing performance from year to year of the company. Thus, at the end, we will encourage to continue our best performance for all parties.

This following is our financial review reports:

In Million IDR 2009 2008 2007
(At Year End)
ASSETS
Total Invested Assets 737,783 531,170 435,188
Total Non-Invested Assets 149,615 123,058 100,505
TOTAL ASSETS 887,398 654,228 535,693
 
LIABILITIES & SHAREHOLDERS' EQUITY
Total Liabilities to Policy Holder 375,457 327,958 262,894
Total Other Liabilities 98,766 86,074 74,697
Subordinated Loan - - -
Shareholders' Equity 413,175 240,196 198,101
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 887,398 654,228 535,692
 
(For The Year)
REVENUE
Gross Premium Income 848,789 703,990 523,432
Net Earned Premium 792,961 637,966 484,734
Investment Income & Other Income 57,513 34,474 35,837
Total Revenue 850,474 672,440 520,571
BENEFITS & EXPENSES
Net- Payment to policyholders 160,743 124,208 102,118
Increase in Liabilities for future policy benefits 42,053 45,389 25,250
Commission and Operating Expenses 479,275 405,092 315,155
TOTAL BENEFIT & EXPENSES 682,071 574,689 442,523
PROFIT BEFORE TAX 168,403 97,751 78,048
NET PROFIT 128,707 70,150 61,524
Solvency Ratio 365% 269% 243%