JAKARTA - The Indonesian Financial Group Insurance BUMN Holding (IFG) is optimistic that economic growth can reach 5 percent year-on-year (yoy) by 2025.
This optimism arose after Indonesia's economy grew 5.12 percent in the second quarter of 2025. IFG Progress research projects that Indonesia's economic growth will be in the range of 4.7-5.0 percent.
Although inflation remains a challenge, the performance of the trade balance and public spending has begun to improve, supported by a decrease in Bank Indonesia (BI) interest rate to 5.25 in July 2025.
IFG Corporate Secretary Denny S. Adji also highlighted the contribution of the insurance sector to national economic growth. The financial services and insurance sector contributed 0.13 percent, where insurance sub-sectors and pension funds contributed 0.05 percent.
IFG believes this data confirms the positive contribution of the insurance sector even though it is faced with geopolitical challenges and climate change.
"With the spirit of synergy, national industry players need to strengthen their role in facing global geopolitical challenges, especially in an effort to open new opportunities for the growth of the insurance sector in Indonesia," said Denny, quoted from Antara, Monday, August 11.
Seeing the importance of efforts to open new opportunities for the insurance sector in Indonesia, IFG strengthens its strategic role by participating in the Indonesia Professional Insurance Forum 2025 organized by the Indonesian Insurance Management Expert Association (AAMAI).
This activity is considered a strategic event for industry players to share insights and strategies to face global geopolitical challenges that affect the insurance sector.
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"The IFG always supports forums that address important issues for the sustainability of the insurance industry. Through this event, we want to contribute to strengthening risk governance and adaptive innovation in dealing with global uncertainty," said Denny.
In line with IFG's vision as a BUMN holding that supports national economic growth, the company's participation in the forum held by AAMAI is also the company's commitment to strengthen synergies with regulators, professional associations, and other industry players.
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