IFG Life Sees Positive Growth in 2025 with Strong Premium Performance

Positive Financial Performance

PT Asuransi Jiwa IFG, known as IFG Life, is optimistic about achieving positive growth in 2025 following a strong performance in the first ten months of the year. The company's consolidated premium income reached Rp5.67 trillion by October 2025, representing an 8.19% year-on-year increase compared to the same period in the previous year. This growth trajectory is expected to continue through the end of 2025.

Key Financial Highlights

• Consolidated premium income: Rp5.67 trillion (up 8.19% YoY)
• Equity: Rp5.04 trillion (up 31.43% YoY)
• Risk-Based Capital (RBC) ratio: 217.9%, well above the OJK's minimum requirement of 120%
• Total claims paid since 2020: Over Rp22.6 trillion to more than 450,000 policyholders

Business Strengths and Regulatory Compliance

The company's financial strength is evident in its capital structure and compliance with regulatory requirements. The 31.43% YoY increase in equity to Rp5.04 trillion demonstrates effective financial management and commitment to maintaining stakeholder trust. The RBC ratio of 217.9% significantly exceeds the OJK's minimum requirement of 120%, indicating robust financial health and ability to meet policyholder obligations.

Regulatory Context

The OJK has set minimum capital requirements for life insurance companies, mandating Rp500 billion by 2026 and Rp1 trillion by 2028. IFG Life's current financial standing positions it well to meet these upcoming regulatory requirements. The company's management has expressed confidence in its ability to maintain growth while complying with evolving regulatory standards.