Moncer's performance! Tugu Insurance profit grows 77 percent to Rp480 M in June 2026

Photo: Special

JAKARTA - PT Asuransi Tugu Pratama Indonesia Tbk (Tugu Insurance/TUGU) continued its positive performance throughout the first half of 2026 (consolidation).

The Company recorded a net profit attributable to owners of the parent of Rp480.29 billion, up 76.87 percent compared to Rp271.55 billion in the same period last year.

In line with this, the earnings per share (EPS) were recorded at Rp135, an increase from Rp76 in the first half of 2025.

This achievement is in line with the development of the Company's core business performance, as well as the implementation of the principle of prudence in portfolio management, underwriting, and risk management consistently. Tugu Insurance continues to monitor the dynamics of the economy and the insurance industry which can affect performance until the end of the year.

Director of Finance & Corporate Services of Tugu Insurance, Fitri Azwar, said the results in the first half of 2026 were an incentive for the Company to continue to maintain sustainable performance quality.

In line with the implementation of PSAK 117, the Company recorded Insurance Service Revenue of IDR 4.45 trillion in the first half of 2026. This figure increased by 16.31% compared to IDR 3.83 trillion in the same period last year.

Insurance services revenue was recorded at IDR 602.95 billion, an increase of 85.56% compared to IDR 324.94 billion in the first half of 2025. The revenue showed an increase compared to the same period last year.

Other operating income was recorded at IDR 321.29 billion, up 24.61% compared to IDR 257.84 billion in the same period last year. The contribution came from rental business, survey services, and vehicle sales carried out by subsidiaries.

The Company also recorded investment income of IDR 140.50 billion. In the midst of financial market volatility, Tugu Insurance continues to prioritize the principle of prudence in managing the investment portfolio by considering aspects of liquidity, risk, and returns.

In terms of financial position, Tugu Insurance recorded total assets of IDR 29.49 trillion as of June 30, 2026, an increase of 6.40% compared to IDR 27.71 trillion at the end of December 2025.

The total equity recorded was IDR 10.01 trillion. This position provides a foundation for the Company in maintaining business continuity and supporting business development in accordance with the applicable business strategy and conditions.

"The Company always prioritizes the principle of prudence in managing the financial and capital structure. Our focus is to maintain business continuity, fulfill commitments to stakeholders, and create incremental value gradually and sustainably," said Fitri.

The implementation of PSAK 117 continues to be part of Tugu Insurance's efforts to improve the quality, consistency, and transparency of financial reporting. The Company strives to ensure that the recording and presentation of performance is carried out in accordance with applicable accounting standards so that the financial information presented is expected to provide a more relevant picture of the business fundamentals.