Insurance

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Askrindo Insurance

Askrindo Insurance was founded in 1971 and operates as a state-owned insurer headquartered in Jakarta. Its core lines include bank credit insurance, trade...

Askrindo Insurance

Askrindo Insurance was founded in 1971 and operates as a state-owned insurer headquartered in Jakarta. Its core lines include bank credit insurance, trade credit insurance, surety bonds, and customs bonds. The company is linked to Indonesia Financial Group and ultimately to the Ministry of State Owned Enterprises. The firm invests in government bonds for regulatory compliance alongside corporate bonds and equities. It holds an 8.91 percent allocation to private equity. Geographic reach is limited to Indonesia, where it maintains its head office and a branch network. Confirmed holdings include positions in PT Jaminan Pembiayaan Askrindo Syariah and PT Askrindo Mitra Utama. The firm employs no disclosed headcount figure and maintains no additional offices outside Indonesia. It participates in industry events such as the TJSL & CSR Awards in August 2024. Its CSR vehicle, Askrindo Peduli, directs activity toward education programs in Indonesia. Askrindo functions as a state-owned operating company rather than a family office or independent asset manager, with ownership ties to BPI Danantara and oversight from the Ministry of State Owned Enterprises.

General information

Firm type

Insurance

Year founded

1971

AUM

Undisclosed

Location

Region

Asia

Country

Indonesia

City

Jakarta Pusat

Corporate office

Jalan Angkasa Blok B Number 9, Kav.8 Kota Baru Bandar, Kemayoran, Jakarta Pusat, Indonesia

Sector focus

Insurance

Frequently asked questions

Who owns Askrindo Insurance?

Askrindo Insurance is a state-owned entity under Indonesia Financial Group, which itself sits within the BPI Danantara super holding structure and reports to the Ministry of State Owned Enterprises.

What asset classes does Askrindo Insurance allocate to?

The firm holds government bonds, corporate bonds, public equities, and an 8.91 percent allocation to private equity.

Does Askrindo Insurance make direct investments outside Indonesia?

No. All disclosed investments and operations remain within Indonesia.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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