PT BNI Life Insurance or BNI Life recorded a positive performance related to credit life insurance premium income. Acting President Director of BNI Life Neny Asriany said premium income from credit life insurance until June 2024 was recorded at Rp 23.92 billion. He said the achievement grew double digits compared to the same period the previous year.

Neny did not deny that one of the factors that caused the company's credit life insurance premium income to grow significantly was due to bank credit growth which could still be maintained at a double-digit level.

For your information, Bank Indonesia (BI) recorded banking credit growth in July 2024 reached 12.40% YoY.

“Of course it has an impact on the company's credit life insurance performance. Since the end of the second quarter of 2024, there has been a significant increase in the volume of credit life insurance business. This is also in line with the changes made to the credit life insurance business at BNI Life,” he told Kontan.co.id, Friday (23/8).

To encourage the performance of credit life insurance going forward, Neny said BNI Life would implement several strategies. One of them, namely focusing on improving service quality to business partners and debtors.

“In addition, cooperation is still prioritized on strengthening relationships with existing business partners,” said Neny.