Askrindo Earns IDR 687.4 Billion Profit In The Third Quarter Of 2025
JAKARTA - PT Asuransi Kredit Indonesia (Askrindo), a member of the Indonesia Financial Group (IFG) holding, posted a profit after tax of IDR 687.4 billion until the third quarter of 2025.
"The realization of this standalone profit grew significantly compared to the same period in the previous year or year-on-year (yoy) of 591.6 percent," said Askrindo President Director M Fankar Umran quoting Antara.
According to Fankar, the main contributor to net profit growth is the adequate implementation of underwriting prudentials, with a realization of IDR 838.8 billion and growing by 172.1 percent (yoy).
Furthermore, in line with the business portfolio diversification strategy, the total premium in business suretyship and general insurance was recorded at IDR 609 billion and grew by 15 percent (yoy).
"The increase in premium certainty occurs in the new and existing business of SOEs and the general insurance business from private companies and SOEs," said Fankar.
Askrindo's premium income was also obtained from the government (KUR) program of IDR 2.5 trillion or 81 percent of the total premium until September 2025.
On the other hand, Askrindo's Finance Director, Leonardo Henry Gavaza, added that Askrindo also optimizes placements in bond instruments.
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"The results of investment asset management, until September 2025 Askrindo recorded the realization of investment returns of Rp571.7 billion or grew 13 percent (yoy)," added Leo.
Askrindo is also one of the insurance companies included in the category of the Insurance Companies Based on Equity (KPPE) 2 with Risk Based Capital (RBC) at 372.3 percent.
Looking at AAUI (Indonesian General Insurance Association) data for the quarter-II 2025 period, Askrindo is one of the largest insurance companies in terms of assets and equity and occupies second place in terms of obtaining credit insurance premiums and premium certainty.
The company believes this shows Askrindo's strong position in terms of capacity and business performance and is able to provide the best service to policyholders in the long term.