Vehicle Be Biggest Contributor Premium

Vehicle Be Biggest Contributor Premium : Throughout the first quarter of 2010, the general insurance industry still relies on the acquisition of motor vehicle insurance premiums. Business vehicle insurance companies increasingly kinclong make bold to increase their premium target this year.

Examples of PT Pan Pacific Insurance (Pan Pacific). The insurance company had just occupied a new office in Jakarta Graha Pratama is raising the target premiums up to 11%, from Rp 72 billion to USD 80 billion. In fact, the target premium of Rp 72 billion had been two-fold higher than that achieved in 2009. Last year's Pan Pacific recorded a premium of only USD 24 billion.

"We see the business grow from month to month, the better.'s Why we dare to revise its business targets," said Marcel Colondam, President of Pan Pacific, Monday (26 / 4). Marcel pointed to the achievement of premiums during the first quarter of 2010 and which reached USD 12 billion. "This figure reaches 17% of target premiums," added Marcel.

Asuransi Astra Buana too optimistic to reach the target this year. Understandably, in the first quarter of 2010 alone, Astra Buana already obtained 26% of target premiums this year.

Astra Buana target premiums in 2010 grew 15% over the past year to Rp 2.2 trillion. That is, in the first quarter of 2010, Astra Buana has managed to collect a premium of USD 572 billion. "This year hopefully sunny, so we can reach the target premium," said Director Asuransi Astra Buana Hendry Yoga, Monday (26 / 4).

When comparing the same period a year ago, according to Hendry, the acquisition of first quarter 2010 premiums grew by about 25%. Unfortunately, he did not want to specify the value of that achievement.

The portion of large vehicles

From the attainment of the Pan Pacific and premium Astra Buana, the motor insurance became the biggest contributor. Understandably, the main pillar of the two company's business is automobile insurance.

Pan Pacific acquisition premium of 65% came from motor insurance, 20% of health insurance and the remainder (15%) came from property and cargo insurance. "Our customers rest 98% corporate and retail," explained Junaidi, Vice President Director of the Pan Pacific.

Astra Buana was the acquisition premium, light Hendry, still dominated by motor vehicle insurance premiums from, the same as last year. "We still focus on motor vehicles. Portion is maintained around 60% -70%," he said.

Just a note, during last year's acquisition of Astra Buana premium vehicle reaches 70% or USD 1.41 trillion. But this year, Hendry added, other than motor vehicles, Astra International Group will raise fire insurance business, heavy equipment, construction, and the order ships.

Astra Buana also will focus on developing health insurance products, Garda Medika. Until late 2009, new health insurance emerged two years ago that listed a premium of Rp 50 billion. "We hope this year is better, but I never memorized exact figures," he said.

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