Lippo General Insurance reports record H1 2026 revenue and profit

PT Lippo General Insurance Tbk (LGI) reported record revenue and profit for the first half of 2026, continuing a positive trend from 2025. This period marks the company's first year under the majority ownership of Hanwha General Insurance, following the 2023 acquisition of a majority stake via Hanwha Life Indonesia.

According to financial reports, revenue increased by 17.5% under IFRS 4 and 33.9% under IFRS 17 compared to the same period in 2025. Pre-tax profit also saw growth, rising by 17% under IFRS 4 and 10.2% under IFRS 17. The company's equity position strengthened, reaching Rp1.09 trillion under IFRS 4 and Rp1.12 trillion under IFRS 17.

LGI President Director Agus Benjamin stated that the company is maintaining its growth momentum through disciplined underwriting and increased synergy within the Hanwha Group ecosystem, despite a challenging macroeconomic environment. The company also maintains an ‘A–’ rating from AM Best.