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Jakarta – PT Tugu Reasuransi Indonesia (Tugure) has achieved impressive performance throughout the first half of 2024, increasing optimism for continued business growth.
According to the unaudited financial statements for June 2024, Tugure reported gross premiums of IDR 2 trillion, a 26% year-on-year (yoy) growth compared to the gross premiums reported in June 2023.
At the same time, Tugure recorded settled claims amounting to IDR 705.12 billion, underscoring the company's commitment to fulfilling its obligations to business partners.
"Tugure has managed to maintain a sustainable business growth trend while consistently meeting its commitments to our partners," said Tugure's President Director, Teguh Budiman.
As of the end of H1 2024, Tugure also reported an underwriting result of IDR 56.65 billion, marking a significant 136% increase compared to the previous year.
In line with the underwriting result, Tugure's investment income also grew by 17% yoy, reaching IDR 67.74 billion. As a result, by June 30, 2024, Tugure posted a net profit after tax of IDR 104.55 billion.
Teguh appreciated the performance of the company's entire team, which contributed to the robust business growth amid both global and national economic challenges.
"The impressive performance of Tugure so far is a testament to the hard work and dedication of everyone at Tugure," he said.
Teguh remains optimistic that these positive results will drive Tugure to continue its sustainable business growth.
"This positive performance demonstrates Tugure's resilience and promising prospects," he concluded.
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