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BRI Insurance: Driving sustainable growth and empowering MSMEs

Insurance Asia

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Issue No. 24

It delivers strong profit growth through premium gains, innovation, and MSME expansion.

BRI Insurance: Driving sustainable growth and empowering MSMEs

As one of Indonesia's leading general insurance companies, BRI Insurance (BRINS) successfully improved its annual performance in 2024, achieving a remarkable 45.36% increase in net profit. This accomplishment was highlighted at the 2025 Annual General Meeting of Shareholders (AGMS) held at Menara BRILiaN, Jakarta.

Throughout 2024, BRINS recorded gross written premium of IDR3.90t, an 18.25% year-on-year increase compared to IDR3.30t in 2023. Its net profit reached IDR 702 billion, growing 45.36% year-on-year from IDR483b in 2023. In recognition of its strong performance, BRI Insurance received at least 23 prestigious awards in 2024.

Some of the notable accolades include Domestic General Insurer of the Year - Indonesia and MSME Insurance Initiative of the Year from Insurance Asia.

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