Business · Companies · 11 hrs ago
Indonesia’s Insurance Industry Assets Reach Rp1,197 Trillion by May
Indonesia’s insurance industry assets reached Rp1,197.04 trillion by May 2026, up 2.87% from a year earlier, according to the Financial Services Authority, known as OJK.
Commercial insurers accounted for Rp977.81 trillion in assets, while their premiums totaled Rp139.54 trillion, up 0.67% year on year.
Life insurance premiums rose 5.87%, but premiums for general insurance and reinsurance fell 5.03%.
The industry’s capital levels remained well above the required minimum: life insurers had a combined risk-based capital ratio of 481.20%, and general insurers and reinsurers had 319.12%, against a 120% threshold.
CNBC Indonesia will hold its Best Insurance awards on November 3, 2026, recognizing insurers that help strengthen public trust in the industry.
An industry discussion on its prospects and opportunities is also planned before the awards are presented.
The event is part of the wider CNBC Indonesia Awards 2026 series and will be broadcast live on CNBC Indonesia TV and its website.
Indonesia’s insurance industry had total assets of Rp1,197.04 trillion through May 2026, up 2.87% year on year.
Commercial insurance accounted for Rp977.81 trillion in assets, an increase of 4.05% year on year.
Commercial insurance premiums reached Rp139.54 trillion, up 0.67% year on year.
Life insurance premiums rose 5.87% to Rp76.79 trillion, while general insurance and reinsurance premiums fell 5.03% to Rp62.76 trillion.
The Financial Services Authority said the industry’s capital levels remained strong, with risk-based capital ratios well above the 120% minimum.
- Who
- Indonesia’s insurance industry, according to figures recorded by the Financial Services Authority (OJK).
- What
- Total industry assets reached Rp1,197.04 trillion, up 2.87% year on year.
- When
- Through May 2026.
- Where
- Indonesia.
- Why
- The article says the results reflect the industry’s resilience amid economic changes and evolving public protection needs.
This story does not have two clearly opposing sides.
Indonesia’s insurance industry recorded total assets of Rp1,197.04 trillion, up 2.87% year on year.
CNBC Indonesia is scheduled to hold its Road to CNBC Indonesia Award 2026 “Best Insurance” event.
- Total industry assets
- Rp1,197.04 trillion
- Year-on-year asset growth
- 2.87%
- Commercial insurance assets
- Rp977.81 trillion
- Life insurance premiums
- Rp76.79 trillion
- General insurance and reinsurance premiums
- Rp62.76 trillion
- Minimum RBC threshold
- 120%