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AXA Mandiri books net profit of Rp1.33 trillion in 2023.

AXA Mandiri books net profit of Rp1.33 trillion in 2023.

"Dream - PT AXA Mandiri Financial Services (AXA Mandiri) recorded a net profit after tax of Rp1.33 trillion in 2023. This represents a growth of 13.2% compared to Rp1.17 trillion in 2022."

AXA Mandiri books net profit of Rp1.33 trillion in 2023

Throughout 2023, AXA Mandiri also obtained gross premium income of Rp11.682 trillion, where there was an increasing trend in premiums from new customers, as reflected in a 5.2% growth for the first-year premium to Rp1.69 trillion.

AXA Mandiri books net profit of Rp1.33 trillion in 2023

From an investment perspective, net investment income grew by 1.3% compared to the previous year to reach Rp 1.55 trillion, supported by interest income from securities.

AXA Mandiri books net profit of Rp1.33 trillion in 2023

"As a manifestation of the Company's commitment to its customers, AXA Mandiri has paid a total of Rp10.11 trillion in gross claims in 2023. It also protects more than 3.8 million policyholders across Indonesia. This achievement strengthens AXA Mandiri's position as the number one company in the Bancassurance market."

"AXA Mandiri is always committed to bringing innovation to continuously improve market share, supported by digital transformation and developing innovative life insurance products in order to support the Company's transformation."

words from the President Director of AXA Mandiri, Handojo G. Kusuma in Jakarta, Tuesday, May 14, 2024.

               

he translation of the given 'Bahasa' text to 'English' while preserving any HTML tags is as follows: Total Company Assets until December 2023 recorded Rp 41.11 trillion, an increase from Rp 40.15 trillion in the same period last year, supported by business growth and prudent investment placement strategies

AXA Mandiri books net profit of Rp1.33 trillion in 2023

Risk Based Capital (RBC) is considered to be continuously maintained and reaches 519.24%, an increase from 477.58% in 2022 or more than four times the minimum limit set by the OJK, which is 120%.

AXA Mandiri books net profit of Rp1.33 trillion in 2023

Recently, AXA Mandiri has launched several insurance products to meet the needs of various segments of society. At the end of last March, AXA Mandiri introduced Shariah Ammanah Protection Insurance, which provides protection benefits while the participant is still alive until the end of the insurance period based on Shariah principles.

Throughout 2023, AXA Mandiri has allocated social funds of more than Rp563 million. The funds are used for social empowerment, environmental preservation, and financial literacy. Through these initiatives, AXA Mandiri has reached out and assisted 7,881 beneficiaries. One of them is providing assistance to cancer patients from a portion of the sales of AXA Mandiri Secure CritiCare critical illness insurance.

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