Jasaraharja Putera Achieves Strong Financial Performance in 2025

Significant Growth in Premium Income

PT Jasaraharja Putera, a subsidiary of PT Jasa Raharja and part of Indonesia's state-owned insurance conglomerate, has reported a gross premium income of Rp 1.6 trillion by December 2025. This represents a 10% growth compared to the previous period, driven by the company's adaptive business strategies and strengthened product portfolio. The growth was further supported by the optimization of their distribution network, enabling better market penetration and customer reach.

Improved Profitability and Solvency

The company demonstrated strong financial management by achieving a 16.79% increase in net profit. This improvement was primarily due to effective cost management and strict underwriting discipline, which enhanced overall profitability. Jasaraharja Putera maintained a solvency level (RBC) of 346.70%, significantly exceeding the regulatory minimum requirement of 120%. This strong solvency position indicates the company's robust financial health and ability to meet its obligations.

Strong Performance in Suretyship Business

Jasaraharja Putera's suretyship business line showed remarkable performance, contributing significantly to the company's premium income with a national market share of 33.92%. The company successfully maintained its position as the third-largest player in the national suretyship market. Notably, Jasaraharja Putera achieved a loss ratio of 13.16% in Q3-2025, substantially lower than the industry average of 36%. This was attributed to the company's risk-based scoring system and strict underwriting practices, which effectively minimized potential losses.

Strategic Implications

The strong financial performance and market position of Jasaraharja Putera reflect the company's successful strategic initiatives and operational excellence. The company's ability to grow premium income while maintaining profitability and solvency demonstrates its competitive strength in the Indonesian insurance market. This performance is likely to enhance Jasaraharja Putera's standing within the state-owned insurance conglomerate and potentially create opportunities for further growth and expansion.