PT Asuransi Ramayana Tbk (ASRN) has set a premium income target of Rp1.551 trillion this year.

Based on the 2020 Ramayana Insurance annual report published on Monday (31/5), the company projected net profit this year at Rp62,128 billion and equity of around Rp505,717 billion.

Twenty-seven branch offices support the plan to achieve financial performance, two units and 18 representative offices spread across Sumatra, Java, Bali, Nusa Tenggara, Kalimantan, Sulawesi, and Papua.

In addition, the company also has insurance and guarantee products, both conventional and sharia. It aims to meet the increasingly diverse needs of insurance protection and guarantees for the insured community.

The company also collaborates with banking and financing institutions to improve its business prospects.

Meanwhile, the marketing strategy the company has been pursuing is optimizing the corporate and retail market segments, adding and optimizing the compan