Hanwha General Insurance's Indonesian unit posts record H1 results

Lippo General Insurance, the Indonesian subsidiary of Hanwha General Insurance, posted record first-half earnings, extending its record-breaking run for a second straight year. The Jakarta-based insurer recorded revenue of 2.32 trillion rupiah ($131 million) in the January-June period, up 33.9 percent from 1.73 trillion rupiah a year earlier. Pretax profit rose 10.2 percent to 130.5 billion rupiah from 118.5 billion rupiah. Both revenue and pretax profit reached record highs for a half-year peri

By The Korea Herald