Pt Asuransi Tugu Pratama Indonesia Tbk (Indonesia)

PT Asuransi Tugu Pratama Indonesia Tbk, established on November 25, 1981, is a general insurance company based in Jakarta. The company operates in the general insurance, reinsurance, and sharia insurance sectors. It offers various insurance products, including energy, fire & property, aviation, engineering, boat, transportation, and protection & indemnity, credit & collateral, and sharia-based insurance. In 2018, the company received approval from the Financial Services Authority to conduct an Initial Public Offering (IPO). As of May 28, 2018, PT Asuransi Tugu Pratama Indonesia Tbk is listed on the Indonesia Stock Exchange under the stock code TUGU. The company aims to use the funds raised from the IPO to strengthen its business development capital and increase equity participation in the reinsurance sector. PT Pertamina (Persero) holds the majority of shares in the company, followed by UOB Kay Hian Pte Ltd., Samsung Fire & Marine Co., Ltd, and the general public and others. PT Asuransi Tugu Pratama Indonesia Tbk operates through three segments: General Insurance, Reinsurance, and Leasing, Related Business, and Others. The company provides a wide range of insurance services, including energy, property, marine, aviation, and health insurance. It also engages in stock investments, real estate development and trading, and offers brokerage and reinsurance consultancy services.