LIFE INSURANCE: Optimistic AAJI premiums to grow 25% -
JAKARTA: Indonesian Life Insurance Association (AAJI) optimistic national life insurance premium growth may touch the figure of 25% by the end of the first semester of the year while the performance is beyond expectations.
Chairman AAJI Hendrisman Rahim admitted life insurance premium growth during the first half of this year beyond expectations.
Over the last few years, the industry is always recorded acquisition premium growth of 20% - 30%. However, growth in life insurance premiums in the first half I/2012 only grew 16.7% to Rp49, 7 trillion.
"Despite positive growth, but it is under-estimated., However I'm optimistic business can grow 25% -30% at the end of the year because of business in the fourth quarter typically is increasing sharply," he said on Friday (09/28/2012).
Like the banking sector, he said, the growth of the insurance sector also tend to follow the development of the macro economy. Generally, he said, the money circulating in the community during the second half better than the first half so that many customers make closing an insurance policy in the second semester.
Judul: LIFE INSURANCE: Optimistic AAJI premiums to grow 25%
Ditulis oleh Ira Yuniarti
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