Performance Strengthens, Tugu Insurance Maintains A- Rating
REPUBLIKA.CO.ID, JAKARTA – The performance of PT Asuransi Tugu Pratama Indonesia Tbk has shown improvement in recent years. Solid underwriting results and investment income have supported the company’s operational improvements, amidst the increasing competitiveness of the general insurance industry.
The international rating agency AM Best has assessed Tugu Insurance’s financial performance as consistently positive. Its investment portfolio is considered diversified with moderate risk, with the majority placed in bonds and fixed-term deposits.
The company’s capital structure is also said to be at a very strong level, as reflected in the AM Best’s Capital Adequacy Ratio (BCAR), which is at the highest level.
This strengthening of fundamentals is reflected in the reaffirmation of the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent), which have been maintained for 10 consecutive years. At the national level, the company also achieved a rating of aaa.ID (Exceptional) with a stable outlook.
AM Best has even upgraded the outlook for the international rating to stable. This outlook reflects the expectation that future operational performance will remain at a good and profitable level.
Tugu Insurance’s Corporate Secretary, Dudi Subekti, said that this achievement is the result of the company’s consistent efforts to maintain its fundamentals and governance. “This achievement has been made possible thanks to strong fundamentals, solid capital, and a well-defined strategy. Tugu Insurance is committed to implementing good governance, improving the quality of service, and promoting sustainability initiatives,” he said, as quoted on Wednesday (25 February 2026).
For policyholders and business actors, this strengthening of performance and ratings is an important signal. Amidst global economic risks and financial market volatility, capital resilience and the quality of risk management are crucial factors in ensuring that claims continue to be paid and protection operates optimally.