Jasindo Actively Monitors Global Geopolitical Risks in Marine Cargo Business

Proactive Risk Management Approach

PT Asuransi Jasa Indonesia (Persero), or Jasindo, is maintaining vigilance over global geopolitical developments that could potentially impact its marine cargo business. The state-owned general insurance company is closely monitoring risks that may affect shipping routes, logistics costs, and overall transportation risk levels.

Domestic Market Focus Provides Stability

Jasindo's marine cargo portfolio is currently dominated by domestic market activities, thanks to the strength of Indonesia's distribution and logistics sectors. According to Brellian Gema Widayana, Jasindo's Corporate Secretary, this domestic focus provides a level of stability amidst global uncertainties.

Prudent Underwriting Practices

The company continues to implement prudent underwriting practices tailored to specific cargo characteristics, shipping routes, and customer risk profiles. This approach enables Jasindo to manage potential risks effectively while maintaining business growth.

Strong Premium Growth

As of November 2025, Jasindo recorded a significant 50.34% year-on-year growth in marine cargo insurance premiums, reaching Rp71 billion. This growth demonstrates the company's successful risk management and market positioning.

Diversification Strategy

As a state-owned general insurance company with a diverse product portfolio, Jasindo is committed to strengthening its product diversification strategy. This approach aims to address the evolving risk protection needs of both domestic and international markets.

Global Geopolitical Context

Recent developments in global geopolitics, including significant events in Venezuela, have the potential to impact international trade and shipping. While Jasindo's current focus remains on the domestic market, the company is prepared to respond to any changes in the global economic landscape that may affect its marine cargo business.