BRI Life was established by the BRI Pension Fund on October 28, 1987, to meet the needs and complement the keypads of BRI credit customers.

Opened for the first time a sales office to serve personnel in the Jakarta and Surabaya areas, reaching all cities in Indonesia.

BRI Life expanded its services by opening a Sharia Insurance business unit accompanied by a Sharia sales office on January 21, 2003.

BRI Life Together with Bank BRI has carried out the development of the Bancassurance business channel at BRI Bank which is spread across various bear cities in Indonesia.

BRI Life was acquired by PT. Bank Rakyat Indonesia (Persero) Tbk. BRI Life already has more than 25 sales offices in Indonesia, providing conventional and sharia products.

Strengthening the foundation with Capital Injection of 29.86% by FWD

BRI Life issued new shares as a follow-up to the shareholders' decision with the composition of share ownership being BRI 59.02%, FWD Management Holdings Limited - 35.14 & and YKP BRI - 5.84%