Total AAJI Claims Grows 26.1 Percent
By : Wiyanto Dan Aldo Bella Putra | Friday, March 16 2018 - 23:00 IWST

Ilustrasi Asuransi (bisnisasuransiindo.com)
INDUSTRY.co.id - Jakarta - The life insurance industry remains committed to fulfilling its responsibilities in paying claims and benefits.
Head of Best Practice Sector AAJI Rianto Djojosugito said, in the fourth quarter of 2017, total claims and benefits grew 26.1%, to Rp. 121.08 trillion compared to the same period in 2016 of Rp. 96.05 trillion.
"Claims of the Reduced Value (Surrender), in the fourth quarter of 2017 increased by 28.6% compared to the previous year to Rp. 67.28 trillion, this claim has the largest proportion in payment of claims and benefits, which amounted to 55.6%," he said in Jakarta, Friday (16/3/2018).
He said the increase is expected because of the increasing public demand for cash to meet daily needs.
Partial Withdrawal claims, he continued, also experienced growth, increased by 28.9% over the same period in 2016, to Rp. 17.49 trillion and contributed 14.4%.
While health claims (medical), recorded increased 0.7% to Rp. 9.35 trillion, this increase is due to increased personal health claims by 5.3% in the fourth quarter of 2017.
"As many as 54.4% of medical claims come from health insurance products collection and the remaining 45.6% comes from individual health insurance products," he said.
Read Also
Fuse Achieved More Than Usd 200 Million Of Gwp and 150 Million Policies…
FUSE Being The Only Insurtech From Indonesia Included In "The World's…
Awareness of the Need for Enhanced Pension Funds
PT Jasa Raharja Provides Assistance to Accident Victims in Sukabumi
Make it easy for customers to access insurance solutions, AXA General…
Today's Industry

Senin, 04 Desember 2023 - 20:48 WIB
President Jokowi Attends WCAS COP28 in Dubai
President Joko “Jokowi” Widodo attended the World Climate Action Summit (WCAS) COP28 that was held at Expo City Dubai, Dubai, United Arab Emirates (UAE) on Friday (12/1). Arriving at around…

Senin, 04 Desember 2023 - 20:41 WIB
President Jokowi, Norwegian PM Discuss Investment Cooperation
On the sidelines of the World Climate Action Summit (WCAS) COP28, President Joko “Jokowi” Widodo Friday (12/11) held a bilateral meeting with Norwegian Prime Minister Jonas Gahr Støre in…

Senin, 04 Desember 2023 - 20:36 WIB
President Jokowi, President MBZ Discuss Enhancement of Indonesia-UAE Cooperation
President Joko “Jokowi” Widodo on Friday (12/01) had a face-to-face meeting with the President of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan (MBZ), at the Leadership…

Senin, 04 Desember 2023 - 20:32 WIB
President Jokowi, UN Secretary General Discuss Climate Action, Gaza Situation
President Joko “Jokowi” Widodo Saturday (12/02) reaffirmed Indonesia’s commitment to continuously support the United Nations (UN) in carrying out its functions and roles amid increasingly…

Senin, 04 Desember 2023 - 20:28 WIB
President Jokowi Unveils Indonesia’s Steps to Reach Net Carbon Sink in Forestry, Land Sectors
Indonesia is taking systematic and innovative steps in achieving a net carbon sink or net carbon absorption in the forestry and land sectors by 2030, President Joko “Jokowi” Widodo has said.…
News Comment