Fallen Insurance for Greed
Health Insurance June 9th, 2010
performance that relies on life insurance unit-linked products slumped by their investment strategies are too focused on stock-based investments. As a result, the crisis at the end glonal make a profit in 2008 life insurance companies dropped 29.13 percent, due to declining investment 1.3 percent.
“Performance of investment and insurance profits in 2008 should be a lesson that greed in chasing investai insurance has been destroyed,” said Director of Research Bureau InfoBank Supiyanto Eko B, in a press conference about 126 insurance rating InfoBank version, at Hotel Sahid Sudirman, Jakarta. (29/6/2009).
Performance of life insurance this year dropped by the desires of the capital that are tempted by the investment in shares. As a result, when the stock market falls, they helped unsteadily. Eko said that the amount of life insurance rating get a very good prediket currently numbering only eight companies. “Whereas in the number 18,” he said.
Eko said, the recovery performance of the life insurance industry and will depend on the capital market trends. He predicted growth of life insurance will only be 15 percent range this year. “Maybe only 15 percent of it, related to global conditions,” he said. He added, life insurance paradigm has begun to shift from protection to investment, it makes insurance agents are like they are not financial advisers. “Unit Link overseen by the regulator needs,” he said.
InfoBank research, in addition to eight who are still very good berprediket of 23 classified as good, quite good seven, five is not good, and two absent. This assessment is based on a combination of a number of criteria in industru insurance, such as risk-based capital (RBC), liquidity, and the premium reserve.
