Lippo General Insurance Total Assets Rise 23% to Rp 3.85 Trillion at End-September
Bitget2026/10/30 07:52- Lippo General Insurance’s assets rose 23% to Rp 3.85 trillion as of September 30, 2026, versus December 31, 2025.
- Total liabilities increased 28% to Rp 2.68 trillion from Rp 2.09 trillion.
- Reinsurance contract assets grew 56% to Rp 1.37 trillion from Rp 878.68 billion, driving asset growth.
- Insurance contract liabilities climbed 38% to Rp 2.5 trillion from Rp 1.82 trillion, driving the increase in total liabilities.
- Both increases primarily reflected incurred claims in the property insurance business.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US LNG exports surged to the second-highest level in history in October, with Europe accounting for 60% of demand
In October, U.S. LNG exports reached 7.92 million metric tons, only slightly below the record high of 8.01 million metric tons set in April this year, and saw a significant month-on-month increase from 7.12 million metric tons in September. Europe continues to expand its purchases of U.S. LNG, with its share surging 8 percentage points from the previous month to 60%. Analysts point out that Europe's underground gas storage facilities are nearly full; if temperatures in the Northern Hemisphere remain normal this winter, high global inventories may put downward pressure on prices.
BUZZ-Vertex Pharmaceuticals shares rise after raising 2026 revenue forecast
Tenuis: Apple achieves growth in most markets in the fourth fiscal quarter
Crypto prices
More
