Tokio Marine Indonesia Reaffirms A- (Excellent) Rating from AM Best

Choosing an insurance provider goes far beyond comparing benefits or premium costs. Equally critical is a company’s underlying financial strength and its long-term capacity to honor obligations to policyholders.

On June 18, 2026, international credit rating agency AM Best affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) for PT Asuransi Tokio Marine Indonesia, with a Stable outlook.

Understanding the A- (Excellent) Rating

Credit rating terminology isn't always familiar to everyone. What does an A- rating actually mean for an insurance company?

Within AM Best’s Financial Strength Rating scale, both "A" and "A-" fall into the "Excellent" category.

According to AM Best, insurance companies in this tier demonstrate an excellent ability to meet their ongoing insurance obligations reliably.

An A- rating is more than just a symbol—it serves as an objective, independent validation of Tokio Marine Indonesia’s financial stability.

Why This Rating Matters to Our Policyholders

Securing an insurance policy means entrusting part of your risk to an insurer. A company’s financial health and proven capability to meet its commitments are fundamental to building lasting trust.

The A- (Excellent) rating from AM Best offers policyholders added peace of mind, knowing that Tokio Marine Indonesia’s financial resilience has been rigorously evaluated by an independent agency dedicated exclusively to the insurance industry.

Financial Strength

Evaluates the company's ability to fulfill its ongoing policy obligations.

Independent Assessment

Conducted impartially by AM Best as a third-party rating agency, ensuring complete objectivity.

Stable Outlook

Reflects AM Best’s expectation that the company’s current ratings will remain stable over the medium term.

Key Drivers Behind Tokio Marine Indonesia’s A- (Excellent) Rating

AM Best does not assign ratings based on a single factor.

In its 2026 assessment, several key drivers contributed to Tokio Marine Indonesia’s ratings:

Strong Balance Sheet

AM Best categorizes Tokio Marine Indonesia’s balance sheet strength as "Strong"—a vital foundation for weathering financial risks and honoring commitments.

Strong Operating Performance

Driven by consistent underwriting profitability and investment returns. In 2025, the company achieved a net combined ratio of 84% (as calculated by AM Best), backed by favorable claims experience across major lines of business.

Strongest" Risk-Adjusted Capitalisation

Tokio Marine Indonesia’s risk-adjusted capitalisation—measured by Best's Capital Adequacy Ratio (BCAR)—was rated at the "Strongest" level at year-end 2025, a level AM Best expects the company to maintain over the medium term.

Appropriate Enterprise Risk Management

Beyond financial metrics, AM Best recognized Tokio Marine Indonesia’s overall enterprise risk management framework as "Appropriate" for its operational profile.

Strength Measured in Numbers

A- (Excellent): Financial Strength Rating
Stable: Rating Outlook
Strongest: Risk-Adjusted Capitalisation (based on AM Best's BCAR)
84%: Combined Ratio for 2025 (calculated by AM Best)

AM Best also highlighted a 21% growth in Tokio Marine Indonesia’s shareholders' equity in 2025, propelled by strong retained earnings.

About AM Best

AM Best is a global credit rating agency specializing exclusively in the insurance sector.

The agency evaluates insurers across multiple key dimensions, including balance sheet strength, operating performance, business profile, and enterprise risk management. Operating in over 100 countries with regional offices worldwide—including Singapore—AM Best’s Financial Strength Ratings are widely accepted as an industry benchmark for assessing an insurer's financial standing.

Protection Begins with Trust

Insurance is a long-term commitment.

Policyholders deserve peace of mind from an insurer that offers not only relevant coverages, but also an unshakeable financial foundation.

Reinforced by an A- (Excellent) Financial Strength Rating and a Stable outlook from AM Best, Tokio Marine Indonesia remains dedicated to maintaining your trust through financial discipline, prudent risk management, and service excellence.

Note

The Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of "a-" (Excellent) for PT Asuransi Tokio Marine Indonesia were affirmed by AM Best on June 18, 2026, with a Stable outlook. Best's Credit Ratings are independent opinions provided by AM Best regarding an insurer's financial strength and creditworthiness; they do not serve as a guarantee of individual claim outcomes or a specific recommendation to purchase an insurance product.