BRI Insurance Earns IDR 467 Billion Profit Until The Third Quarter Of 2025

BRI Insurance President Director Rahmat Budi Legowo. (Photo: Doc. BRI Insurance)

JAKARTA - PT BRI Asuransi Indonesia (BRI Insurance) recorded a positive performance until the end of the third quarter of 2025 by posting a gross premium of IDR 3.12 trillion and a net profit of IDR 467 billion. In the midst of economic dynamics and the implementation of new accounting regulations, the company is still able to maintain a profit margin of 15 percent and underwriting results 31.23 percent, showing strong operational efficiency and fundamental resilience in the midst of challenging industrial conditions.

All financial health indicators, including profit margins, loss ratios, underwriting yields, return on equity (ROE), and combined ratios, are recorded to be above the industry average, affirming consistent performance quality and risk management. This achievement strengthens BRI Insurance's position as one of the national commercial insurance companies with sustainable profitability and growth.

In terms of portfolio, the property segment is the main contributor with a portion of 49.55 percent of the total premium income. The bancassurance and corporate channels that still dominate income. Meanwhile, the micro and ultra micro segments showed strong growth of 10.30 percent, encouraging increased profit while strengthening BRI Insurance's commitment to developing national financial inclusion. As of September 2025, micro insurance has contributed 23 percent of the total business portfolio.

BRI Insurance President Director Rahmat Budi Legowo said that this achievement reflects the effectiveness of the diversification strategy carried out by the company consistently. According to him, the resilience of BRI Insurance's performance amidst economic pressure is the result of discipline in risk management and sustainable operational efficiency.

BRI Insurance's positive performance until the third quarter of this year affirmed our fundamental strength and ability to maintain profitability amid the 117 PSAK adjustment. Growth in the micro and corporate segments is clear evidence that our diversification strategy is going well," he said, Thursday, October 9.

The corporate segment also recorded solid growth of 15.62 percent, reflecting the increasing confidence of industry players in BRI Insurance's capacity and protection services. Although overall financial performance until September is still slightly below the Work Plan and Budget (RKA) due to the impact of the implementation of PSAK 117 which suppresses profit recording, prospects until the end of the year remain optimistic.

Rahmat Budi Legowo added that the company is targeting a gross premium of more than IDR 4.5 trillion by the end of 2025 with a focus on quality and sustainable growth.

We will strengthen the acquisition of agency channels, increase the renewal ratio, and expand non-agunan businesses. At the same time, we encourage the acceleration of the retail business, especially on the marine cargo and motor vehicle lines, as well as strengthen the management of the captive business to maintain the balance of the portfolio," he explained.

Looking at 2026, BRI Insurance is also preparing a spin off sharia business unit as part of a long-term expansion strategy and a commitment to the development of the Islamic financial industry in Indonesia. With the increasingly diverse solid and portfolio, BRI Insurance is committed to continuing to 'Transform into Trusted and Growing Insurance', in line with efforts to strengthen the resilience of the national insurance industry and support literacy and financial inclusion agendas.