Sun Life Premium Income Reaches USD 638 Billion
The company's total premium income reached USD 638.1 billion, an increase of 28 percent from Rp 498.3 billion in the third quarter in 2010. "We are delighted that in the third quarter of 2011 to grow our business profitably," said Bert Paterson, Country Manager of Sun Life Financial Indonesia.
Bert hope to capitalize on this momentum in the fourth quarter. Support comes from the availability of the products value-for-money is expected to meet the needs of our customers.
As of October 31, 2011, Sun Life has more than 4,800 agents in 43 sales offices in 29 cities across Indonesia, five partner banks, a non-financial institution partners, and more than 200 telemarketers.
In addition to premiums, First Year Premium income (including Single Premium) the company also rose about 44 percent to the Rp313, 1 billion. Premium Income Unit Link to Rp 424.3 billion, while in the same period last year Premium Income Unit Link is Rp207, 6 billion.
That makes the Sun Life's total assets reached Rp 4.46 trillion, up 2 percent from the third quarter of 2010.
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