Show Credibility In The Insurance Industry, Askrindo Achieves IdAA+ Ranking

Illustration of the Rupiah (Photo: Doc. Antara)

JAKARTA - PT Pemeringkat Efek Indonesia (Pefindo) gave the idAA+ stable outlook rating to PT Asuransi Kredit Indonesia (Askrindo) which is valid from May 2, 2023 to May 1, 2024.

The rating was given based on company data and information as well as Unaudid's Financial Statements as of December 31, 2022.

The idAA-ranked insurance company has very strong financial security characteristics compared to other companies, and added sign (+) shows that the rating given is relatively strong and above the average of the category concerned.

Meanwhile, Stable Outlook shows the company's future continuity is seen as stable by PEFINDO as a trusted and leading rating institution in Indonesia.

The rating reflects Askrindo's important role for the Indonesian government, has a very strong business position, and also a strong capital profile.

With this rating from Pefindo, it shows that the company is able to carry out its obligations and is able to increase public trust.

Priyastomo, Askrindo's President Director, said Askrindo showed his positive performance by maintaining the idAA+ Outlook Stable ranking for 6 consecutive years.

"The achievements achieved by Askrindo are Askrindo's transformation steps. Some of the transformations that Askrindo a.l has carried out in the transformation of governance, transformation of human resources, transformation of Information Technology (IT), business process transformation, as well as financial transformation and accounting," explained Priyastomo quoting a written statement, Sunday, May 21.

In maintaining its performance, Askrindo continues to make improvements in terms of business processes and improve service level agreement (SLA) as well as customer convenience.

"Askrindo also continues to strive to further improve Good Corporate Governance (GCG) and implement the cultural value of AKHLAK on all levels of employees, so Askrindo is able to have a positive impact on the Indonesian insurance and economic industry," he concluded.