Jasindo's Claims Drop 22% in Q3 2025 as Premium Income Remains Strong
Executive Summary
Key insights and market outlook
PT Asuransi Jasa Indonesia (Jasindo) reported a 22% year-on-year decline in claims to Rp 1.23 trillion in Q3 2025, attributed to enhanced risk management and more selective underwriting practices. Despite tighter risk mitigation, premium income grew 11.36% YoY to Rp 3 trillion, driven by significant premium increases in certain business lines. The company's underwriting performance improved by 21.88% YoY to Rp 299.42 billion.
Deep Dive Analysis
Jasindo's Q3 2025 Performance Highlights
Claims Reduction and Premium Growth
PT Asuransi Jasa Indonesia (Jasindo) recorded a significant 22% year-on-year decrease in total claims paid to Rp 1.23 trillion by Q3 2025. According to Brellian Gema, Jasindo's Corporate Secretary, this reduction is a direct result of the company's strengthened risk control measures and more rigorous underwriting standards. Despite the conservative approach to risk, the company managed to achieve 11.36% YoY growth in premium income, reaching Rp 3 trillion.
Underwriting Performance Improvement
The company's underwriting result showed notable improvement, rising 21.88% YoY to Rp 299.42 billion. This positive development is attributed to the consistency in Jasindo's risk management practices. The growth in premium income was driven by significant increases in certain business lines, demonstrating the effectiveness of their strategic focus.
Source References
Story Info
Topics Covered
Key Events
Claims Reduction
Premium Income Growth
Underwriting Performance Improvement