BCA Life Achieves Premium Income Of Rp 1.5 Trillion

BCA Life reported premium income of IDR 1.5 trillion for 2024, marking a 6.76% decrease. Eva Agrayani, the President Director and CEO of BCA Life, noted that the 19.44% drop in claims and benefits paid is a positive outcome of improved risk management and more selective underwriting strategies. This indicates that BCA Life's insurance portfolio is becoming higher quality, with customers having lower risk profiles.

Additionally, BCA Life saw a 29.16% increase in pre-tax profit, reaching IDR 90.39 billion in 2024. "This reflects BCA Life's success in optimizing its business strategies and investment portfolio," Eva stated in a press release on Friday, March 14, 2025. She highlighted that the company's performance is driven by strong results from its key products, including life insurance and traditional health insurance, which remain popular among customers. Eva also mentioned that BCA Life is focused on developing bancassurance products that meet customer needs and market trends, such as critical illness insurance and affordable premium plans.

As a result, new premium income from the bancassurance sales channel grew by 21% year-on-year. Throughout 2024, BCA Life's assets increased by 16% to IDR 3.33 trillion, while technical reserves rose by 20.46% to IDR 2.42 trillion. "We have a total of 503,108 insured customers," she added.

Tag: BCA Life Eva Agrayani