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Tugure Brings Optimism for the Growth of Indonesia’s Insurance Industry at Indonesia Rendezvous 20

News
16 Oct 2025
Tugure Brings Optimism for the Growth of Indonesia’s Insurance Industry at Indonesia Rendezvous 20

Bali, October 16, 2025 – PT Tugu Reasuransi Indonesia (Tugure) once again demonstrated its commitment to strengthening the insurance industry ecosystem through its participation as a main sponsor of Indonesia Rendezvous 2025. The annual event, organized by the Indonesian General Insurance Association (AAUI), was held at the Bali Nusa Dua Convention Center from October 15–17, 2025, under the theme “Empowering Trust: Connecting the World of Insurance & Reinsurance.”

Tugure took an active role in fostering collaboration among insurance industry players, both domestic and international. Tugure’s support for this event reflects the company’s strategic role in encouraging sustainable industry growth driven by innovation and trust.

“Tugure’s participation in Indonesia Rendezvous 2025 is not only a form of support for the largest industry event in Indonesia, but also a reflection of our commitment to continuously strengthening synergy and trust among industry stakeholders,” said Erwin Basri, Director of Operations of Tugure.

“Through this forum, we hope to continue sharing insights, building strategic partnerships, and contributing to the development of a more resilient and competitive industry,” he added.

Amid market dynamics characterized by volatility and macroeconomic uncertainty, Tugure has proven its position as a reinsurance company with outstanding investment performance. As of September 30, 2025, Tugure’s investment income increased by 48.8% year-on-year, delivering an annual Return on Investment (ROI) of 7.47%, the highest among its peers.

Erwin explained that this achievement was not a matter of coincidence, but rather the result of a well-executed asset allocation strategy, tactical optimization of investment returns, and the prudent use of diverse investment instruments such as government securities, time deposits, and mutual funds, all managed with careful consideration and confidence.

This achievement marks a strategic milestone that underscores Tugure’s excellence as a leading reinsurance company in terms of investment performance.

In addition to its impressive investment performance, Tugure also recorded solid financial results throughout 2025. Based on the financial statements as of September 30, 2025, Tugure posted a Risk Based Capital (RBC) ratio of 183.9%, well above the minimum requirement set by the Financial Services Authority (OJK). Furthermore, the Investment Adequacy Ratio (RKI) stood at 123.74%, while Return on Equity (ROE) reached 9.25%, reflecting a healthy and efficient financial position.

The company’s total assets during the same period reached IDR 6.94 trillion, with equity amounting to IDR 1.72 trillion, representing an increase compared to the previous year. Meanwhile, technical reserves were recorded at IDR 3.01 trillion and retained premiums reached IDR 1.38 trillion, demonstrating Tugure’s ability to maintain a balance between business growth and prudent risk management.

As a prestigious annual event, Indonesia Rendezvous has become an important platform for industry players to expand networks, deepen understanding of strategic issues, and build trust as the cornerstone of the insurance and reinsurance business.

Through its participation, Tugure reaffirmed its role as a trusted partner for insurance companies in Indonesia, while strengthening its contribution to the advancement of the national financial industry.

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