Tugu Insurance Records Revenue of Rp9.1 Trillion, Oil & Gas and Aviation Sectors Provide Support

PT Asuransi Tugu Pratama Indonesia Tbk. (TUGU) recorded positive performance throughout the 2025 fiscal year, achieving a consolidated net profit of Rp711.06 billion. This achievement was supported by the strengthening of business fundamentals and improvements in underwriting quality amid the implementation of PSAK 117.

Tugu Insurance’s President Director, Adi Pramana, explained that the net profit was bolstered by the growth in insurance service results, which surged 39% year-on-year to Rp1.0 trillion.

“The company’s insurance service revenue for 2025 reached Rp9.11 trillion, an increase of 22.12% compared to the previous year. The fire & property, offshore, and aviation sectors became the main contributors to the optimisation of our portfolio,” said Adi in his statement on Monday (13/4/2026).

From a financial health perspective, this insurance issuer, a subsidiary of Pertamina, recorded a Risk Based Capital (RBC) level of 410.9%. This figure is far above the minimum requirement set by the Financial Services Authority (OJK) at 120%.

The company’s total assets as of December 2025 stood at Rp27.71 trillion, with equity reaching Rp10.17 trillion. Adi emphasised that the implementation of PSAK 117 (adoption of IFRS 17) provides greater transparency in performance based on more accurate economic value for the company and investors.

2026 Strategy: Focus on High-Retention Business

Entering 2026, Tugu Insurance has set an ambitious target to become Indonesia’s largest restoration insurance company in terms of market share and profitability.

Adi outlined several key strategies to achieve this target, including:

• Development of High-Retention Business: Focus on business lines with high retention rates to align with the latest PSAK.

• Operational Efficiency: Integration of digital systems and data centres to accelerate services and reduce costs.

• Investment Optimisation: Strengthening cash flow management and diversifying investment returns to ensure profit sustainability.

“We will also strengthen the company’s branding and value proposition, supported by strict risk management to face the increasingly complex industry dynamics,” Adi concluded.