BCA Life Achieves 33.3% Premium Growth Amid Industry Downturn

Strong Performance Against Industry Trends

BCA Life has recorded premium income of Rp1.73 trillion until October 2025, representing a significant 33.3% year-on-year growth compared to Rp1.30 trillion in the same period last year. This achievement is particularly noteworthy given that the life insurance industry has been experiencing contraction for three consecutive months.

Key Growth Drivers

The company's strong performance can be attributed to several key factors:

1. Strong Bancassurance Synergy: Close collaboration with its parent company, PT Bank Central Asia Tbk. (BBCA), has been instrumental in driving growth
2. Focus on Traditional Protection Products: BCA Life's emphasis on relevant traditional protection products has resonated with customer needs
3. Improved Service Quality: Enhanced service quality has contributed to better customer retention and acquisition
4. Better Risk Management: Improved risk management practices have led to decreased claims, positively impacting premium performance

Strategic Initiatives for Future Growth

BCA Life is maintaining its positive momentum through several strategic initiatives:

1. Product Portfolio Strengthening: Focus on long-term protection products aligned with customer preferences
2. Digitalization Efforts: End-to-end digitalization from sales to underwriting processes
3. Distribution Channel Optimization: Strengthening partnerships with all distribution channels
4. Financial Literacy Education: Expanding insurance literacy programs to enhance market understanding

Market Outlook

The company remains optimistic about its performance through year-end, driven by increasing market literacy about health and life protection. Despite the industry-wide contraction, BCA Life is well-positioned to capitalize on emerging opportunities through its robust business strategies and support from the BCA ecosystem.