Cara Tugu Insurance Mendorong Kenaikan Laba 363 Persen Di Awal Tahun
JAKARTA PT Asuransi Tugu Pratama Indonesia Tbk (Tugu Insurance) has planned business expansion, customer service development, and digital transformation this year.
This strategic step is expected to be able to maintain the momentum of its performance growth.
The Insurance Monument aggressively carries out various accurate strategies.
The company is committed to managing risk appropriately, optimizing cooperation with business partners in various mainstay sectors, and making active penetration through various new distribution channels.
The goal is to expand market reach so that companies can continue to grow and show their best performance.
On the service side, Tugu Insurance also continues to strengthen its service strategy to customers.
Various efforts to develop human resources to improve service quality, as well as carry out digital transformation with the aim of providing satisfaction and increasing customer loyalty.
The implementation of this strategy has shown a positive trend towards Tugu Insurance's performance.
This growth was marked by positive financial reports since the beginning of the year with a profit (partial only including the Sharia Business Unit) of IDR 46.02 billion in the January 2025 period.
This achievement grew significantly, which was 363 percent from the same period the previous year (year on year/yoy).
The increase in profit does not include the profit of the core subsidiary, which is supported by top line revenue.
The premium income received by the Company increased by 83.49 percent (yoy) to IDR 578.39 billion in January 2025. Underwriting results also shot up 367.93 percent (yoy) to IDR 62.29 billion.
Tugu Insurance's revenue is also still increasing from investment results which rose 15.17 percent (yoy) to Rp 26.69 billion.
Despite the high increase in income, Tugu Insurance can control operating expenses.
It was recorded that the load was relatively flat because it only rose 1.13 percent to Rp 41.27 billion.
This brilliant performance has also been seen from the achievements obtained in 2024.
Tugu Insurance successfully posted a consolidated positive performance with a core profit or core net profit recorded an increase of 62.7 percent to Rp706 billion compared to the previous year which amounted to Rp434 billion.
This success is in the spotlight in the midst of challenging industrial conditions in 2024.
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Tugu Insurance's performance at the beginning of the year was quite satisfactory and gave investors a sense of optimism.
Where the Company's ability to generate revenue growth is driven by strong capital and healthy company conditions.
This is important because the insurance business is a trust business. The healthier the company is, it will increase the trust of its customers.