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PT Asuransi Binagriya's premiums climb 17% in 2014

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Indonesian insurer PT Asuransi Binagriya Upakara posted a 17.6% year-on-year increase in direct premium income totaling 100 billion Indonesian rupiahs in 2014, Bisnis.com reports.

The insurer's underwriting income dropped to IDR 49 billion ($3.8 million) in 2014 from IDR 53 billion in 2013. Assets increased to IDR 333 billion as of year-end 2014 from IDR 294 billion on Dec. 31, 2013.

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