INDUSTRIAL ASSET OF LIFE INSURANCE DECREASES

Security guards at Indonesia’s Life Insurance Association Office (AAJI), Jakarta, Wednesday (10/6/2020). Based on the Financial Services Authority (OJK) data on March 2020 insurance industry recorded total assets of Rp529,2 trillion in the first quarter of this year, the total assets of the life insurance industry decreased 10.4 percent (year-to-date/ytd) compared to the final position in December 2019 worth Rp590.7 trillion and decreased 7.2 percent yoy if compared to March 2019 worth Rp570,6 trillion. ANTARA PHOTO/Predipta/foc.