As an insurance company in Indonesia you have a vested interest in the financial health of the local professional reinsurance companies (IPR).  To help you better understand the financial performance of the IPR members we have extracted relevant data from their published quarterly financial statements relating to:

  • Solvency or RBC Level
  • Investment Funds
  • Equity
  • Guarantee Funds or Assets.

The performance of each IPR member over the past two years is graphically shown below:

 

  1. Solvency or RBC Level

  • The graph shows RBC levels on a quarterly basis for 2018 and 2019.
  • Based on OJK regulation the minimum RBC level for a local reinsurance company is 120%.
  • All local reinsurance companies in the panel comply with this requirement

 

  1. Investment Funds

  • The graph shows Investment funds on a quarterly basis for 2018 and 2019

 

  1. Equity

  • The graph shows Equity on a quarterly basis for 2018 and 2019.
  • Based on OJK regulation No 67/POJK.05/2016 the minimum equity for a local reinsurance company is IDR 300 Billion
  • All local reinsurance companies in the panel comply with this requirement

 

  1. Guarantee Funds or Assets

  • The graph shows Assets on a quarterly basis for 2018 and 2019.

 

We intend to update this on a quarterly basis for your information.

If you have any issues on the above or on any other item please do not hesitate to contact:

Bernard Krova – el.krova@arbrokers.asia

Wayan Sumendra – wayan.sumendra@arbrokers.asia

Adia Adithiya – adia.pradithama@arbrokers.asia

 

To the extent this note expresses any opinion on any aspect of risk, the recipient acknowledges that any such assessment is an expression of PT Asia Reinsurance Brokers Indonesia’s opinion only, and is not a statement of fact. Any decision to rely on any such assessment of risk is entirely the responsibility of the recipient. PT Asia Reinsurance Brokers Indonesia will not in any event be responsible for any losses which may be incurred by any party as a result of any reliance placed on any such opinion.