News Life and Health13 Jul 2018

Indonesia:Prudential tops life insurers in terms of assets

| 13 Jul 2018

Prudential Life Assurance leads life insurers in Indonesia in terms of assets, with the value of assets in its books listed at IDR71.7tn ($5bn) at the end of last year.

At the end of 2016, assets of the company reached IDR60.7tn, indicating that Prudential Life increased its assets by 18.1% over 2017, reports Kontan.

The Top Five life insurers in terms of assets in 2017 were:

Life insurer

Assets at 31 Dec 2017

IDR tn

% increase 

over 31 Dec 2016

Prudential Life Assurance

71.7 18.1

Asuransi Jiwasraya

45.7 18.3

Asuransi Jiwa Manulife Indonesia

45.6 13.7

AIA Financial

44.9 25.7

Asuransi Allianz Life Indonesia

33.3 13.6

 

There are 59 life insurance companies in Indonesia.

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