Indonesian Political, Business & Finance News

Insurance Service Performance Exceeds Targets Driven by Transformation and Efficiency

| | Source: MEDIA_INDONESIA Translated from Indonesian | Insurance
Insurance Service Performance Exceeds Targets Driven by Transformation and Efficiency
Image: MEDIA_INDONESIA

The 2025 Annual General Meeting of Shareholders (AGMS) served as a momentum for PT Asuransi Tri Pakarta (TRIPA) to present its performance achievements throughout the past year, while outlining strategic business directions to strengthen its business foundation, increase competitiveness, and maintain sustainable growth amidst the dynamics of the national insurance industry.

Throughout 2025, the company recorded insurance service revenue of Rp1.57 trillion, achieving 131.70 per cent of the Company’s Work Plan and Budget (RKAP) target. This realisation also represents a 9.52 per cent growth compared to the previous year.

Meanwhile, net insurance service results were recorded at Rp149.44 billion, equivalent to 2_77.74 per cent of the RKAP target. The company also booked a profit after tax of Rp78.33 billion, or 112.10 per cent of the established target.

Investment performance also showed positive growth. Investment income reached Rp71.75 billion, or 127.20 per cent of the 2025 RKAP target, an increase of 13.85 per cent compared to the previous year. By the end of 2025, the company’s total assets were recorded at Rp4.37 trillion, reflecting a strong financial condition to support business development.

The President Director of PT Asuransi Tri Pakarta, G C Koen Yulianto, stated that the insurance industry faced various challenges throughout 2025. Nevertheless, the company was able to maintain performance by exceeding several set targets.

“This achievement is the result of the company’s commitment to strengthening corporate governance, increasing operational efficiency, and implementing adaptive business strategies. Moving forward, we will continue to strengthen the company’s transformation to enhance competitiveness and create healthy and sustainable growth,” he said on Tuesday (30/6).

To strengthen competitiveness, the company continues to accelerate business transformation through the development of digital services, including the TRIPA Smart platform, the refinement of operational processes, and the improvement of service quality for customers.

Furthermore, the company is strengthening the implementation of corporate governance, risk management, and business innovation to meet evolving market needs. These steps are expected to drive sustainable business growth while providing added value to all stakeholders.

In terms of business development, the company also continues to optimise its leading business lines, expand strategic partnerships, and strengthen distribution networks to reach a wider market. At the same time, improving service quality and strengthening risk governance remain the primary focus in facing increasingly competitive industry competition.

Looking ahead, the company affirms its commitment to continuing its transformation through the acceleration of digitalisation, improvement of human resource quality, innovation in products and services, and strengthening synergy with stakeholders. Through these strategies, the company is optimistic about its ability to strengthen its position as a trusted general insurance company while creating added value for customers, business partners, and the community.

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