A total of 1000 deliveryman or retailers and newsagents in the city of Palembang, guaranteed life insurance so that in carrying out everyday activities can feel more calm and protected.
Insurance policy for residents who work as newspaper deliveryman and agents in carrying out duties given to delivering newspapers to the customers feel more calm and get protection, said H. Alex Noerdin in Palembang, Monday.
According to him, insurance policies have been handed over to the bus drivers, taxi drivers, a motorcycle, pedicab drivers, and was last submitted to the 1000 deliveryman or retailers and newsagents in Palembang on 10 August 2008.
According to Alex, the provision of life insurance is a concern for the deliveryman and the newsagent's every day without rest, either directly or go to the customer peddle from house to house so that important information can be immediately up and acknowledged by the wider community.
"They (the messenger and agent - ed), deserves our attention because the newspaper delivered to subscribers every day is a tough task especially at high risk accident on the highway, so it needs to be assisted and protected through the provision of life insurance policy," said former Regent Musi Banyuasin it.
According to him, specifically the deliveryman and targeted newsagent warranty given as many as 2,000 people have life insurance, plus more before the pedicab drivers, bus drivers, taxi drivers within the last year alone the number has reached 27 thousand people.
"Concerning a program providing free life insurance are, in the year 2008 it has been programmed as much as 100 thousand people to the bus drivers, taxi drivers, motorcycle taxi drivers, including delivering newspapers and agencies in South Sumatra," he added.
While the leadership of Islamic Life Insurance Branch, Hj. Sumiyati, separately said that each participant is given an insurance policy valued at USD 50 thousand, or a total assistance of Alex H. Noerdin reached USD 50 million with a mortgage when the accident died from Rp 10 million and injured at least secured USD 2.5 million per people.
Bumiputera Foreign Insurance Deal
Life Insurance Bumiputera (AJB) in 1912 will never be afraid to face competition from foreign companies, especially joint ventures, although there are several joint ventures is starting to equate the acquisition of total premiums.
It was announced by Managing Director of Life Insurance Bumiputera Madjdi Ali said after a meeting with agents achievement of Bumiputera in Nusa Dua, Bali, Sunday (12 / 6).
It said any competitor's behavior, we still have a powerful weapon that will never be deterred, that can mengalang togetherness among agents, management and customers.
"Togetherness is a powerful weapon for Bumiputera so it is still able to survive more than 90 years."
Among the competitors Bumiputera company that has begun to equalize the amount of the premiums, among others, AIG Lippo and Manulife.
Although now there are the same, Bumiputera still be a "market leader", said Madjdi Ali, who was greeted loud applause from the agents.
According to her, from 56 life insurance companies operating in Indonesia, Bumiputera able to achieve 20% market share, with the acquisition premium of more than Rp3, 10 trillion.
"We can only expects premium growth of up to 20%, but because we will improve financial performance and a more robust portfolio, the premium growth target for 2005 is 10% only, although its realization far above the target.
"The task ahead is, ready to pay for our promises to our customers who have run out of contracts and policies to improve efficiency and improve the financial quality better over time. The promise that we have already proved, that every year Bumiputera unable to pay insurance claims around Rp2 trillion, or Rp169 billion per month. If in one month, only 20 working days, Bumiputera already made commitments to pay claims Rp8 mylar Rp1 billion per day or per hour., "he said.
Pursuing growth in premiums is much easier than ever to meet the obligations it promised, said Ali with facial expressions Madjidi fiery.
On that occasion, he also praised the outstanding agent who has successfully won several competitions agents conducted by the Association of Indonesian Life Insurance (AAJI).
Competition agent who attended more than 1000 agents in Nusa Dua, Bali, the Bumiputera category won three out of six categories diperlombakan.
Category that peling prestigious, namely Top Agent Award of the Years for the year 2004 achieved by Andjari Yunus (54) of 1912 Insurance.
"Siapaun commissioners and directors will feel proud of the personal witness of the company's agents can reach the star's achievement. Especially that took place during four consecutive years to retain the crown champion Top Agent Of The Years," he said.
It was announced by Managing Director of Life Insurance Bumiputera Madjdi Ali said after a meeting with agents achievement of Bumiputera in Nusa Dua, Bali, Sunday (12 / 6).
It said any competitor's behavior, we still have a powerful weapon that will never be deterred, that can mengalang togetherness among agents, management and customers.
"Togetherness is a powerful weapon for Bumiputera so it is still able to survive more than 90 years."
Among the competitors Bumiputera company that has begun to equalize the amount of the premiums, among others, AIG Lippo and Manulife.
Although now there are the same, Bumiputera still be a "market leader", said Madjdi Ali, who was greeted loud applause from the agents.
According to her, from 56 life insurance companies operating in Indonesia, Bumiputera able to achieve 20% market share, with the acquisition premium of more than Rp3, 10 trillion.
"We can only expects premium growth of up to 20%, but because we will improve financial performance and a more robust portfolio, the premium growth target for 2005 is 10% only, although its realization far above the target.
"The task ahead is, ready to pay for our promises to our customers who have run out of contracts and policies to improve efficiency and improve the financial quality better over time. The promise that we have already proved, that every year Bumiputera unable to pay insurance claims around Rp2 trillion, or Rp169 billion per month. If in one month, only 20 working days, Bumiputera already made commitments to pay claims Rp8 mylar Rp1 billion per day or per hour., "he said.
Pursuing growth in premiums is much easier than ever to meet the obligations it promised, said Ali with facial expressions Madjidi fiery.
On that occasion, he also praised the outstanding agent who has successfully won several competitions agents conducted by the Association of Indonesian Life Insurance (AAJI).
Competition agent who attended more than 1000 agents in Nusa Dua, Bali, the Bumiputera category won three out of six categories diperlombakan.
Category that peling prestigious, namely Top Agent Award of the Years for the year 2004 achieved by Andjari Yunus (54) of 1912 Insurance.
"Siapaun commissioners and directors will feel proud of the personal witness of the company's agents can reach the star's achievement. Especially that took place during four consecutive years to retain the crown champion Top Agent Of The Years," he said.
Insurance Allianz Life Indonesia Offers For Weak Economy
Wednesday, March 31, 2010
Micro-insurance market (microinsurance) in Indonesia is quite large which until now still has not entered both local and foreign insurance, because the 238 million population is only about 5 million who have insurance.
"The insurance market in the country, made the Indonesian Life Insurance launches new product micro-insurance (microinsurance) for the economically weak," said Managing Director of Allianz Life Indonesia, Jens Reisch, told reporters in Jakarta, Thursday (24/08).
According to him, the launch of the first insurance product mikor it aims to bridge the gap between demand and supply of microinsurance in Indonesia.
We are optimistic that our customers can reach the market until as many as 50,000 people cope, to see the remaining time was only four months, let alone insurance has not been much coming into this segment "he said.
The launch was previously produki based on market studies GTZ-UNDP-Allianz that market demand for low-very high class, but insurance means lower economic groups is lacking.
Moreover, of the total population of Indonesia is included in group insurance programs only reached around 20 million people, he said.
He said that micro-insurance products offered in the trial at this year called "Family Umbrella" and offers Rp6.000 life insurance premiums per year.
"Umbrella asuansi soul family offers loans with a few additional benefits that customers who take out loans when meninggak, then the remaining loan balance will be covered by insurance and the family he left nothing to worry about the remaining payments continue," he said.
Products will be managed by partners such as rural banks, Credit Unions and non-governmental institutions. Loans disbursed by these institutions ranged from 500 thousand to Rp 10 million, he said.
Jen Reisch further said, there are three tujuna of this project, exploring new segments to enlarge its customer base, to support government programs to the general public gain easy access to insurance protection and social responsibility and business opportunities in the future.
Allianz is currently processing the policy set of customer credit issued totaling 18,500 Credit Unions, because Allianz is optimistic customers will be able to reach at 50,000 people this year, comprising 30,000 of life insurance and health insurance, 20,000.
This product was previously offered by Allianz in India that has had as many as 80,000 customers, he explained.
Asked about their customers, according to him, Allianz has a customer as much as 15 million people who can be achieved every year between 100,000 to 300,000 people per year.
"We are optimistic that the number of customers will be increased along with the launch of mircoinsurance a very promising market," he said.
"The insurance market in the country, made the Indonesian Life Insurance launches new product micro-insurance (microinsurance) for the economically weak," said Managing Director of Allianz Life Indonesia, Jens Reisch, told reporters in Jakarta, Thursday (24/08).
According to him, the launch of the first insurance product mikor it aims to bridge the gap between demand and supply of microinsurance in Indonesia.
We are optimistic that our customers can reach the market until as many as 50,000 people cope, to see the remaining time was only four months, let alone insurance has not been much coming into this segment "he said.
The launch was previously produki based on market studies GTZ-UNDP-Allianz that market demand for low-very high class, but insurance means lower economic groups is lacking.
Moreover, of the total population of Indonesia is included in group insurance programs only reached around 20 million people, he said.
He said that micro-insurance products offered in the trial at this year called "Family Umbrella" and offers Rp6.000 life insurance premiums per year.
"Umbrella asuansi soul family offers loans with a few additional benefits that customers who take out loans when meninggak, then the remaining loan balance will be covered by insurance and the family he left nothing to worry about the remaining payments continue," he said.
Products will be managed by partners such as rural banks, Credit Unions and non-governmental institutions. Loans disbursed by these institutions ranged from 500 thousand to Rp 10 million, he said.
Jen Reisch further said, there are three tujuna of this project, exploring new segments to enlarge its customer base, to support government programs to the general public gain easy access to insurance protection and social responsibility and business opportunities in the future.
Allianz is currently processing the policy set of customer credit issued totaling 18,500 Credit Unions, because Allianz is optimistic customers will be able to reach at 50,000 people this year, comprising 30,000 of life insurance and health insurance, 20,000.
This product was previously offered by Allianz in India that has had as many as 80,000 customers, he explained.
Asked about their customers, according to him, Allianz has a customer as much as 15 million people who can be achieved every year between 100,000 to 300,000 people per year.
"We are optimistic that the number of customers will be increased along with the launch of mircoinsurance a very promising market," he said.
Agents will still be the mainstay insurance Product Sales
Current life insurance industry has opened a lot of marketing distribution channels, including through the "bancassurance", despite that, the agent remains a mainstay in third party funds.
"The agency remains the mainstay for raising premiums. Look at the year 2003, from 76,093 agents from 50 insurance companies (17 local joint ventures and 33) managed to capture the premium Rp13, 765 billion," said Chairman of the Indonesian Life Insurance Association (AAJI) Evelina F Pietrusckha, in Jakarta, Friday (13 / 5).
For that, said Evelina, the quality of the agents as the spearhead of marketing insurance products should continue to be improved, including equipping them with the licensing agency.
"It is important to give a good image for the agency." In addition to improving quality, he said, the agents also need to get an appreciation for their hard work with such award bestowed on him.
"Giving this award to encourage the agents to collect deposits more at once to show the public that the agent could earn billions every year. If a potential agent, could have a larger income from the directors of the company where he works," said Evelina.
On that basis, AAJI back will hold a Top Agent Award for the 19th which will berlangsungkan 9-10 May 2005 in Bali as a venue for prestigious national awards in the life insurance industry.
Chairman of the Executive Committee, Walia said Jimmy TAA, TAA this time is The New Horizon of Selling. "Thema was removed because the current way of selling insurance through changes. To be able to sell a product, an insurance agent must have a license agency."
This, he says, represents a new paradigm in national life insurance industry. With the license, the insurance agent is expected to be more professional in selling or providing service to customers so that a proper selection of these themes.
Chairman AAJI Pietrusckha Evelina F fully supports the holding of TAA 2005 because this event can be used as a means of communication and improve the standardization of quality agents as well as a means of appreciation of the success of the national insurance agency.
"As the spearhead of companies, insurance agents also contribute to assist the government in social welfare of the community through family financial planning," said Evelina.
According to Jimmy, this time to prepare TAA 7 categories include Agent of the Year, Best Quality Producer, Best Productive Senior Producer, Top Income, Top Premium and Top Policy. "Special Group Insurance Premium Downloadable put up one category," said Jimmy.
In addition to giving gifts, TAA is also used as a platform to motivate the agents of life insurance through self-development seminar that presents a motivator James Gwee.
"The agency remains the mainstay for raising premiums. Look at the year 2003, from 76,093 agents from 50 insurance companies (17 local joint ventures and 33) managed to capture the premium Rp13, 765 billion," said Chairman of the Indonesian Life Insurance Association (AAJI) Evelina F Pietrusckha, in Jakarta, Friday (13 / 5).
For that, said Evelina, the quality of the agents as the spearhead of marketing insurance products should continue to be improved, including equipping them with the licensing agency.
"It is important to give a good image for the agency." In addition to improving quality, he said, the agents also need to get an appreciation for their hard work with such award bestowed on him.
"Giving this award to encourage the agents to collect deposits more at once to show the public that the agent could earn billions every year. If a potential agent, could have a larger income from the directors of the company where he works," said Evelina.
On that basis, AAJI back will hold a Top Agent Award for the 19th which will berlangsungkan 9-10 May 2005 in Bali as a venue for prestigious national awards in the life insurance industry.
Chairman of the Executive Committee, Walia said Jimmy TAA, TAA this time is The New Horizon of Selling. "Thema was removed because the current way of selling insurance through changes. To be able to sell a product, an insurance agent must have a license agency."
This, he says, represents a new paradigm in national life insurance industry. With the license, the insurance agent is expected to be more professional in selling or providing service to customers so that a proper selection of these themes.
Chairman AAJI Pietrusckha Evelina F fully supports the holding of TAA 2005 because this event can be used as a means of communication and improve the standardization of quality agents as well as a means of appreciation of the success of the national insurance agency.
"As the spearhead of companies, insurance agents also contribute to assist the government in social welfare of the community through family financial planning," said Evelina.
According to Jimmy, this time to prepare TAA 7 categories include Agent of the Year, Best Quality Producer, Best Productive Senior Producer, Top Income, Top Premium and Top Policy. "Special Group Insurance Premium Downloadable put up one category," said Jimmy.
In addition to giving gifts, TAA is also used as a platform to motivate the agents of life insurance through self-development seminar that presents a motivator James Gwee.
Will Insurance Companies Estimate Infobank falling
Infobank Research Bureau estimates that the plan the Department of Finance (MOF) to create architecture Insurance Indonesia will cause `autumn 'for insurance companies, which would be the reduction in strong companies that have capital and the demise of insurance capital is less.
"Costs of capital are becoming increasingly important because it relates to the business of insurance companies that are absorbing the risk. The role of capital will be clearer when the Indonesian Insurance Architecture becomes a reality," said Director of Research Bureau InfoBank, Eko B. Supriyanto, in the event announcement "Insurance 134 Rating InfoBank version 2005", in Jakarta, Monday (20 / 6).
Previously, insurance companies also fell after the Treasury Department as an insurance regulator stressed the importance of capital for insurance companies or so-called "risk-based capital" (RBC) or capital adequacy ratio.
Regulations are strictly enforced beginning in December 2004 has caused as many as 14 insurance companies permit has been revoked by the Ministry of Finance.
Described According to the Bureau of Research, until the end of 2004 insurance companies are not able to meet the 120% RBC is twofold. But that does not remove the balance sheet or financial statements of the publication there are nine life insurance companies and six general insurance companies.
"While that is still sanctioned restrictions on business activities or PKU there are four insurance companies," said Eko B. Supriyanto.
Apart from this, according to Eko, the insurance industry growth seen in Indonesia, where growth in gross premiums reached 33.08% of life insurance and general insurance premiums experienced perumbuhan 12.95% compared with the previous year.
"This means the insurance business continues to grow is actually still in the midst of starting the process of consolidation," said Eko.
Eko is also considered that the insurance companies getting better at choosing a strategy for its investment portfolio, where the portfolio is no longer dominated by deposits.
"The portion of these deposits is now 25.45%, followed by investments in stocks and bonds, 24.66% and marketable securities amounting to 20.46%. Meanwhile, mutual funds and direct investments respectively 10.14% and 10.74%," Eko said.
Described from a study of Bureau of Research, Insurance Rating Methodological approaches to financial statements 10 criteria: RBC, liquidity ratio, the ratio of technical reserves with current assets, the ratio of premiums to the premium reserve retention, changes in gross premium income, premium retention ratio itself with its own capital, investment ratio of technical reserves plus debt claims, the ratio of net claims expenses to net premiums, the ratio of revenue expenses with revenue, and the ratio of average income with their own capital.
"Costs of capital are becoming increasingly important because it relates to the business of insurance companies that are absorbing the risk. The role of capital will be clearer when the Indonesian Insurance Architecture becomes a reality," said Director of Research Bureau InfoBank, Eko B. Supriyanto, in the event announcement "Insurance 134 Rating InfoBank version 2005", in Jakarta, Monday (20 / 6).
Previously, insurance companies also fell after the Treasury Department as an insurance regulator stressed the importance of capital for insurance companies or so-called "risk-based capital" (RBC) or capital adequacy ratio.
Regulations are strictly enforced beginning in December 2004 has caused as many as 14 insurance companies permit has been revoked by the Ministry of Finance.
Described According to the Bureau of Research, until the end of 2004 insurance companies are not able to meet the 120% RBC is twofold. But that does not remove the balance sheet or financial statements of the publication there are nine life insurance companies and six general insurance companies.
"While that is still sanctioned restrictions on business activities or PKU there are four insurance companies," said Eko B. Supriyanto.
Apart from this, according to Eko, the insurance industry growth seen in Indonesia, where growth in gross premiums reached 33.08% of life insurance and general insurance premiums experienced perumbuhan 12.95% compared with the previous year.
"This means the insurance business continues to grow is actually still in the midst of starting the process of consolidation," said Eko.
Eko is also considered that the insurance companies getting better at choosing a strategy for its investment portfolio, where the portfolio is no longer dominated by deposits.
"The portion of these deposits is now 25.45%, followed by investments in stocks and bonds, 24.66% and marketable securities amounting to 20.46%. Meanwhile, mutual funds and direct investments respectively 10.14% and 10.74%," Eko said.
Described from a study of Bureau of Research, Insurance Rating Methodological approaches to financial statements 10 criteria: RBC, liquidity ratio, the ratio of technical reserves with current assets, the ratio of premiums to the premium reserve retention, changes in gross premium income, premium retention ratio itself with its own capital, investment ratio of technical reserves plus debt claims, the ratio of net claims expenses to net premiums, the ratio of revenue expenses with revenue, and the ratio of average income with their own capital.
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