Arthagraha General Insurance Successfully Achieved the Tradition of
Arthagraha General Insurance has become one of the five companies that successfully continued the tradition of the "Very Good" rating in the general insurance sector according to Infobank's general insurance rating for companies with gross premiums between IDR 100 billion and 250 billion.
Arthagra General Insurance's achievement in maintaining the "very good" rating and being the second-best insurance company with a total score of 87.92% in this rating is attributed to the skill and capability of the entire management and staff in sustaining its business performance.
Under the leadership of Herry Kusnadi as President Director, the company recorded gross premiums of IDR 197.00 billion in 2023, reflecting a 13.22% increase from IDR 174 billion in 2022. This increase in gross premiums has driven investment growth to 15.06%, reaching IDR 292.51 billion from IDR 254.23 billion in 2022.
As of 2023, Arthagra General Insurance, with assets of IDR 594.08 billion, has recorded a 3.42% growth in its own capital, amounting to IDR 217.50 billion. The financial health of Arthagra General Insurance appears strong with a Risk-Based Capital (RBC) ratio of 300% and liquidity at 164%.
(Source: Widjaja, S., Infobank, July 2024 Edition - No.555, Vol. XLVI)
Arthagra General Insurance's achievement in maintaining the "very good" rating and being the second-best insurance company with a total score of 87.92% in this rating is attributed to the skill and capability of the entire management and staff in sustaining its business performance.
Under the leadership of Herry Kusnadi as President Director, the company recorded gross premiums of IDR 197.00 billion in 2023, reflecting a 13.22% increase from IDR 174 billion in 2022. This increase in gross premiums has driven investment growth to 15.06%, reaching IDR 292.51 billion from IDR 254.23 billion in 2022.
As of 2023, Arthagra General Insurance, with assets of IDR 594.08 billion, has recorded a 3.42% growth in its own capital, amounting to IDR 217.50 billion. The financial health of Arthagra General Insurance appears strong with a Risk-Based Capital (RBC) ratio of 300% and liquidity at 164%.
(Source: Widjaja, S., Infobank, July 2024 Edition - No.555, Vol. XLVI)
