News Releases

Chubb Life Indonesia Holds Financial Literacy Lecture at FIKOM UNPAD, Increasing Financial Literacy for Indonesia’s Youth
Jun 7, 2024

PT Chubb Life Insurance Indonesia (Chubb Life Indonesia) held a guest lecture at Padjadjaran University (Fikom Unpad) on May 8th 2024, as part of it’s committment to enhancing financial literacy and inclusion among younger generations, and in line with the vision of the Financial Services Authority (OJK). Currently, insurance penetration in Indonesia stands at only 5% compared to the Gross Domestic Product (GDB).

Mr. Kumaran Chinan, President Director of Chubb Life Indonesia said, ‘We are committed to supporting increased understanding of financial literacy and life insurance inclusion among Indonesia’s younger generations, in alignment with the Financial Services Authority’s vision to raise the financial literacy index in Indonesia. Financial literacy is the gateway to empowering Indonesia’s youth with the knowledge and ability to effectively manage their finances, making a significant impact on their financial well-being and helping them to realize their dreams.’

The Financial Literacy activity in collaboration with Hima Humas Fikom Unpad, which included a guest lecture attended by hundreds of students from the Faculty of Communication, Padjadjaran University (Fikom Unpad), exemplifies Chubb Life Indonesia's dedication to enhancing community welfare by providing financial management knowledge through the Financial Literacy program in the education sector.

‘This collaboration with Chubb Life Indonesia is important for raising awareness about the significance of financial management, and offers students valuable insight into applying effective communication and financial management in the future. We sincerely appreciate Chubb Life Indonesia for its commitment and interest in progressing financial education in Indonesia," explained Centurion Chandratama Priyatna, Ph.D., Head of the Public Relations Study Program, Fikom Unpad.

In addition to Fikom Unpad, Chubb Life Indonesia's financial literacy activities will also be carried out in various other locations across Indonesia this year, as well as various activity through social media platforms.