Zurich Indonesia Achieves Comprehensive Growth in Insurance Premiums

Strong Performance Across Business Lines

Zurich Indonesia, comprising PT Zurich Asuransi Indonesia (ZAI), PT Zurich General Takaful Indonesia (Zurich Syariah), and PT Zurich Topas Life (Zurich Life), has reported robust premium growth across all business lines through October 2025. The company's retail business segment emerged as a key growth driver, contributing significantly to overall performance.

Retail Business Driving Growth

The retail business was instrumental in Zurich Indonesia's strong performance, with motor vehicle insurance premiums growing 8% year-on-year (YoY). This growth was achieved despite challenges in the automotive industry, thanks to customer loyalty and strategic collaborations with dealers and financing partners.

Health Insurance Surge

Health insurance products, particularly ZAI's Medicilin, recorded premium growth of over 50%. This significant increase reflects growing public awareness and demand for health insurance products in Indonesia. The rising understanding of insurance benefits among consumers has been a key factor in this growth.

Travel Insurance Expansion

Travel insurance also demonstrated remarkable growth, with ZAI recording over 40% increase in policy numbers through October 2025. Zurich Syariah similarly reported 21% growth in Gross Written Premium (GWP) for travel insurance, with umrah travel insurance policies showing an impressive increase of over 100%. This surge is attributed to the recovery in domestic and international travel.

Life Insurance Growth

Traditional life insurance products, which offer both protection and savings benefits, recorded 27% premium growth. Zurich Group Protector Absolute (ZGPA) also showed significant growth, contributing to the overall positive performance of the life insurance segment.

Outlook for 2026

Edhi Tjahja Negara, Country Manager of Zurich Indonesia, remains optimistic about continued growth in 2026. He anticipates that increasing awareness of insurance products, coupled with rising weather-related risks and natural disasters, will drive demand for comprehensive protection solutions. The company is well-positioned to capitalize on these trends and support Indonesia's growing insurance needs.