Bisnis.com, JAKARTA — The general insurance industry only saw a small gross premium growth in Q1 while investment returns dipped. In response, the Indonesian General Insurance Association (AAUI) reminded its members to be more prudent in allocating their portfolios and ensuring their liquidity is well-maintained.
AAUI recorded total gross premiums in the general insurance sector at IDR 30.53 trillion in Q1, which represents a modest year-on-year (YoY) growth of just 0.3% or an increase of IDR 79 billion from IDR 30.45 trillion in Q1 2024.
