Indonesian insurer's premiums rise 31%

Posted On: Jul. 28, 2020 7:56 AM CST

Adi Pramana, president director of Tugu Reasuransi Indonesia PT, said that the insurer's gross written premiums increased 31% year-over-year to more than 3 trillion Indonesian rupiah ($206 million) last year, Asia Insurance Review reported. Net profit surpassed IDR 107 billion, compared with a net loss of IDR 57.5 billion in 2018.