Insurance Post

Fitch affirms Tugu Pratama's 'AA-' IFS rating

Fitch Ratings has affirmed PT Tugu Pratama Indonesia's national insurer financial strength rating at 'AA-' with a stable outlook.

"The rating reflects Tugu Pratama's position as one of Indonesia's five largest general insurers, with strong support from its 65% majority shareholder, PT Pertamina, a state-owned oil and gas company

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