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Asuransi Bintang forecasts to reach Rp 410 billion in gross premium

06 December 2018 02:24 PM  Company: PT. Asuransi Bintang Tbk[ASBI]
Rp. 292  -18 (-5.81%)

JAKARTA - PT Asuransi Bintang Tbk (ASBI) forecast the gross premium will reach Rp 410.80 billion at the end of 2018, while its reassurance premium at Rp 144.17 billion. On October 2018, the gross premium was recorded at Rp 334.03 bilion and the reassurance premium of Rp 119.46 billion.

Based on the company's financial report, the company's gross premium performance has increased year on year. In 2015, the gross premium was recorded Rp 309.22 billion, rose to Rp 333.04 billion in 2016, growing to Rp 393.70 billion in 2017. The reassurance premium also shown an increase in performance, which was recorded at Rp 110.90 billion in 2015, rose to Rp 114.77 billion in 2016, and growing to Rp 145.47 billion in 2017.

To reach its target, the company was supported by 25 branches, include sharia office channeling and two unit sharia branch in Indonesia. They also support from more than 500 point of sales by business partner's network. The company equity was recorded Rp 274.54 billion, above the minimal equity of Rp 100 billion. The company's equity has recorded increasing year on year from 2014 at Rp 137.01 billion. (LK)