OJK Reports Reinsurance Premiums Reach IDR 20.91 Trillion by Q3 2025

Reinsurance Industry Performance

The Financial Services Authority (OJK) has recorded a total of IDR 20.91 trillion in reinsurance premiums by the end of Q3 2025. This figure represents a 2.09% Year-on-Year (YoY) increase, equivalent to a growth of IDR 0.43 trillion compared to the same period last year. According to Ogi Prastomiyono, Head of Executive Supervision of Insurance, Guarantee, and Pension Funds at OJK, this growth indicates a stable development in Indonesia's reinsurance sector.

Regulatory Oversight

The OJK continues to play a crucial role in monitoring and regulating the reinsurance industry. The authority's close supervision ensures that reinsurance companies operate within regulatory frameworks, maintaining financial stability and protecting consumer interests. The slight increase in premium income suggests that the industry is maintaining its growth trajectory, albeit at a moderate pace.

Market Implications

The reinsurance industry's performance is closely linked to the overall insurance market in Indonesia. A growth in reinsurance premiums typically indicates an expansion in the primary insurance market, as more risks are being transferred to reinsurance companies. This development can be seen as a positive sign for the overall financial services sector, reflecting increased risk management practices among Indonesian businesses and individuals.