Jakarta (Antara) – Head of the supervisory supervisory supervision, warranty and pension fund (PPDP) of the Financial Services Authority (OJK) OGI Prastomiyono said that the income of the motor vehicle insurance premium reached until April 2025.
“Based on April 2025 data, the business line for motor vehicles was included on RP7.21 trillion, or fell by 5.89 percent yoj (Year by year/annually), “said Ogi Prastomiyono in Jakarta, Tuesday.
Yet he said that monthly (From month to month/MTM), The income of the operating lines of motor vehicles still recorded an increase in RP1.47 trillion compared to the performance in March 2025.
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He stated that the motor vehicles business line is still the second largest industry after a real estate insurance policy (Property) with a part of 12.91 percent.
However, OGI said that the prospect of the insurance for motor vehicles will probably slow down a bit, since the sale of vehicles also still tends to fall.
Nevertheless, he is optimistic that the vehicle insurance business line still has a healthy growth series, together with the constant increasing mobility of the community that uses vehicles.
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“Moreover, the potential for increasing public interest in vehicles that present new functions and innovations can ultimately encourage market activity,” he said.
Reporter: UYU septiyati Liman
Editor: Zaenal Abidin
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