Jakarta - Indonesia Financial Group (IFG), an Insurance and Guarantee Holding Company, posted a consolidated profit for the year in the first semester of 2021 of Rp 1.8 trillion, an increase of 178% compared to the same period the previous year.

IFG's Director of Finance and General Affairs Rizal Ariansyah said that this profit achievement was largely contributed by the profit growth of insurance and guarantee subsidiaries with an average increase of 55 percent.

"This achievement is a significant testament to the strength of the collaboration and joint commitment between the holding and its subsidiaries so that we can still grow even in the midst of a pandemic. We believe that continuous improvement efforts in the aspects of corporate governance, business and finance can improve our performance throughout 2021," in his statement, Monday (11/10).

In addition to profit, IFG's equity value also exceeded the target, which was Rp. 43.13 tri