Life insurance has become the need in today modern community's life. In Indonesia, the demand on life insurance grew continuously in line with the increase of people's income and awareness on the importance of risk anticipation. To fulfill this demand, the number of life insurance companies always increased as well as various products supplied in the market. However, the contribution of insurance industry, especially life insurance, on Indonesia's economy was relatively low. This research is

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... ed to analyze factors affecting the life insurance industry growth from supply side. The secondary data was collected from 15 biggest life insurance companies in Indonesia. Meanwhile, the main tools of analysis used were including descriptive statistic and dynamic panel regression. The analysis result shows that the product variety has no impact on the gross premium of life insurance growth, number of policies, and insurance funds. On the reverse, supporting infrastructures and government policy have significant and positive impacts.