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Jakarta, July 31th 2025 – PT Tugu Reasuransi Indonesia (Tugure) has once again achieved a remarkable milestone by winning the “The Excellence Performance Reinsurance Company” award at the Infobank Non-Bank Financial Industry (IKNB) 2025 event. This prestigious recognition serves as tangible proof of Tugure’s outstanding performance in supporting the resilience and growth of the reinsurance industry.
The award was received directly by Tugure’s Technical Director, R. Djoko Slamet Prasetiyo, who represented management at the event. This achievement is a form of appreciation for the exceptional performance of Non-Bank Financial Industry (IKNB) players in maintaining the quality of technical services, strengthening operational excellence, and upholding effective and integrity-driven corporate governance standards.
Tugure’s Technical Director, R. Djoko Slamet Prasetiyo, expressed gratitude and pride for the award, while emphasizing the importance of the company’s values.
“This award reflects the dedication and hard work of all Tugure personnel in upholding integrity, professionalism, and innovation as the company’s main pillars. We believe this achievement will further strengthen Tugure’s position as a key driver of national reinsurance industry growth,” he stated.
With this achievement, Tugure further reinforces its position as a resilient and trustworthy reinsurance company. This resilience is reflected in its healthy liquidity ratio of 197% and Risk Based Capital (RBC) of 183.06% as of December 31, 2024—well above the minimum threshold set by the regulator.
Djoko also added that Tugure recorded solid performance across various fundamental aspects. Underwriting results increased significantly by 227% compared to the previous year, while gross premiums reached IDR 3.3 trillion. This positive performance was further supported by a 6% growth in investment income, amounting to IDR 135 billion.
“With total assets rising to IDR 5.9 trillion and equity reaching IDR 1.5 trillion at the end of 2024, these achievements demonstrate that the company’s business strategy is on the right track. We will continue to drive healthy and sustainable growth, while enhancing added value for all stakeholders,” Djoko added.
Amid economic dynamics, this achievement reflects Tugure’s management capability in maintaining a balance between business growth and sustainable operational efficiency. This milestone not only illustrates the company’s solid performance foundation but also adds to the series of recognitions for Tugure’s positive reputation. The award marks a strategic momentum for the company to further strengthen its competitiveness and role in facing the increasingly complex challenges of the reinsurance industry.
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