This edition of Milliman’s Indonesia Life Insurance Newsletter reviews market performance for first quarter 2026 and key industry developments from the second quarter. We also discuss new products in the traditional and Syariah markets, along with new digital features and services, regulatory developments, distribution updates, and macroeconomic news.
Highlights:
- Net premium income rose in the first quarter by Indonesian rupiah (IDR) 2.73 trillion to IDR 38.50 trillion, compared with the same period a year earlier.
- Total income fell IDR 3.53 trillion to IDR 44.76 trillion.
- Total expenses fell by IDR 6.45 trillion to IDR 36.09 trillion.
- Net profit before other comprehensive income increased by IDR 2.38 trillion to IDR 7.72 trillion.
- Total assets rose by IDR 30.42 trillion to IDR 615.35 trillion.
- Total technical reserves rose IDR 22.54 trillion to IDR 428.34 trillion.