MOTOR VEHICLE INSURANCE: Premium penetrating Rp10 trillion -
JAKARTA: Acquisition insurance premiums motor vehicle expected to penetrate Rp 10 trillion this year, triggered by the high growth in vehicle sales.
Budi Herawan, Chairman of the General Insurance Association Statistics Indonesia (AAUI) said the high growth in vehicle sales this year to be the main factor driving the growth of sales of motor vehicle insurance.
Based on the record business, the domestic automobile market in September return achieved record sales with growth of 32.8% from the previous month to 101,405 units.
Data while the Indonesian Automotive Industry Association (Gaikindo) shows total car sales during the first 9 months of this year reached 815,556 units, up 23.6% over the same period last year, as many as 659,854 units.
With these achievements, Gaikindo optimistic car sales target of 1 million units - that were previously predicted to occur until the next year, can penetrate this year.
"We'll see increased sales of cars and motorcycles signikan enough though today there are rules about the minimum down payment car loans. If 80% of the total sales of cars and motorcycles made by credit, then a very large impact on the insurance. Predicted the end of the year I can pass Rp 10 trillion [motor vehicle insurance premiums], "he told Business, Friday evening
Judul: MOTOR VEHICLE INSURANCE: Premium penetrating Rp10 trillion
Ditulis oleh Ira Yuniarti
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