AHAP Shares Surge on Capital Increase Plans and Financial Performance

Strong Market Reaction

Shares of PT Asuransi Harta Aman Pratama Tbk (AHAP) experienced a significant surge, hitting the daily upper trading limit with a 34.96% increase to Rp 166 per share on Monday (5/1/2026). This substantial rise comes as the company reported its latest financial performance and announced plans for potential capital increase.

Financial Highlights

As of November 2025, AHAP reported gross premium income of Rp 571.56 billion, representing a 5.47% year-on-year growth compared to Rp 541.9 billion in the same period of 2024. The company's claim expenses also rose 4.98% year-on-year to Rp 158.19 billion. However, underwriting income declined by 7.69% to Rp 231.8 billion during the same period.

Business Outlook

The significant increase in AHAP's share price reflects investor optimism about the company's future prospects, particularly in light of its plans to potentially increase capital. This move is expected to strengthen the company's financial position and support its growth strategies in the insurance sector.

Market Impact

The surge in AHAP's share price to the upper trading limit demonstrates the market's positive response to the company's financial performance and future plans. Investors are likely monitoring the situation closely as developments unfold regarding the potential capital increase and its implications for the company's growth trajectory.