INDUSTRY co.id - Jakarta - PT Lippo General Insurance Tbk (LGI) delivered another strong financial performance in the first half of 2026, building on its record-breaking results in 2025. Despite a challenging macroeconomic environment, the Company achieved record first-half revenue and profit and remains on track for another record year.
The year 2026 marks the first full year under Hanwha General Insurance's majority ownership. LGI joined the Hanwha Group through Hanwha Life Indonesia in 2023, with the majority shareholding subsequently transferred to Hanwha General Insurance to maximize synergies across the Group's general insurance business.
According to IFRS 17, the company booked revenue of IDR2.315 trillion in the first half 2026, raising by 33.9% compared with the same period in a year earlier of IDR1.729 trillion. The profit before tax also grew by 10.2% to IDR130.5 billion in the first six months in 2026 compared with a year earlier of IDR118.5 billion. While its equity strengthened by % to IDR1.116 trillion as of June 2016 compared with the same period in a year earlier of IDR1.091 trillion. This equity growth supports LGI’s future growth.
“Our record performance in 2025 has continued into 2026 despite a challenging operating environment,” said Agus Benjamin, the President Director of LGI.
Furthermore, he explained, with the support of Hanwha General Insurance, disciplined underwriting, and a strong financial statement, the Company’s management remains confident of delivering another record year.
LPGI further strengthened its global standing with the renewal of its AM Best Financial Strength Rating of A minus (Excellent) on 19 August 2026. The rating reaffirms the Company's strong financial statement, disciplined risk management, and ability to meet its ongoing policyholder obligations.
Looking ahead, LGI will continue to focus on profitable growth, digital transformation, and customer-centric innovation while leveraging Hanwha's global expertise to become one of Indonesia's leading general insurers.***
