Reasuransi Nasional Indonesia

What Reasuransi Nasional Indonesia does

PT Reasuransi Nasional Indonesia (Nasional Re) is a privately held Indonesian reinsurance company founded in 1994 and headquartered at Jl. Cikini Raya No. 99, Menteng, Jakarta Pusat. Operating continuously for 30 years, the company provides B2B reinsurance services to primary insurance companies (cedent companies) across Indonesia through direct sales-led relationships, multi-year treaty and facultative arrangements, and structured claim and retrocession processes. Its customer roster spans state-owned insurers (Askrindo, Jasindo), private general insurers (Asuransi Ramayana, Tugu Pratama, MAG Insurance, FPG Insurance, Tripakarta, Aswata), sharia and takaful counterparts (Bank Syariah Indonesia), domestic and regional reinsurers (Garuda Re, Simas Re, IBS Re), and global reinsurance brokers (AON, Guy Carpenter).

The company's product portfolio is organized into two conventional lines — Reasuransi Umum (general reinsurance covering property, casualty, motor, marine, and other non-life lines) and Reasuransi Jiwa (life reinsurance covering individual life, group life, health, and accident) — plus a dedicated Reasuransi Syariah sharia-compliant line underwritten through a Sharia Division that has been active for over 17 years. Underlying operations are organized into functional divisions covering Treaty, Facultative, Claim & Retrocession, Actuarial, Finance & Investment, Accounting, Human Capital, Internal Audit, Corporate Planning & Evaluation, Information and Communication Technology, Corporate Secretariat, and Business Development & Data Analytic. The core technology stack is described as a reinsurance risk management and underwriting platform; the company also connects to the industry's LAPSSJK information system and has implemented an SMAP ISO 7001:2016 Anti-Bribery Management System. No proprietary AI/ML models, patents, or external software integrations are disclosed.

Commercially, Nasional Re generates revenue through recurring reinsurance premiums paid by ceding insurance companies under negotiated, risk-priced treaty and facultative contracts; pricing is not publicly disclosed and is determined quote-by-quote based on risk profile, coverage type, and treaty terms. The company embeds itself in Indonesia's insurance industry through membership in AAUI (general), AAJI (life), and AASI (sharia), and is connected to the state-aligned financial ecosystem through Indonesia Financial Group (IFG) and Danantara Indonesia. Distribution is exclusively domestic (single-country, Indonesia) and primarily direct; the company employs between 101 and 250 staff and reports revenue remains undisclosed in public sources.

Name

Reasuransi Nasional Indonesia

Legal name

PT Reasuransi Nasional Indonesia

Website

https://nasionalre.id

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Reasuransi Nasional Indonesia (Nasional Re) is a privately held Indonesian reinsurer, founded in 1994 and headquartered in Jakarta. It provides treaty and facultative reinsurance across general, life, and sharia lines to primary insurance companies, brokers, and state-owned insurers in Indonesia.

Ownership category

akta.pro rank

Product category

Reinsurance Services

NAICS

Reinsurance Carriers (524130)

SIC

Life Insurance (6311)

akta.pro primary industry

Group Benefits Reinsurance (Life, Health & Disability) (FSAIANAH)

akta.pro secondary industry

Retakaful (Life & Health) (FSAIANAM)

Keywords

• Reinsurance services
• Life reinsurance
• General reinsurance
• Sharia reinsurance
• Takaful retakaful

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Reinsurance Premiums: Nasional Re provides reinsurance services to primary insurance companies, accepting risk in exchange for premium payments. Revenue is generated through treaty and facultative reinsurance arrangements with ceding companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

PT Reasuransi Nasional Indonesia (Nasional Re) is an Indonesian reinsurance company that accepts risk from primary insurance companies in exchange for reinsurance premiums. It provides General Reinsurance (property, casualty, motor, marine), Life Reinsurance (individual life, group life, health, accident), and Sharia Reinsurance (takaful/retakaful) under both treaty and facultative arrangements. The company operates as a B2B reinsurer for ceding companies in Indonesia with a dedicated Sharia Division.

Product overview

PT Reasuransi Nasional Indonesia operates as a conventional and Islamic reinsurance company offering two core product lines under conventional reinsurance (General Reinsurance and Life Reinsurance) and one under Islamic reinsurance (Sharia Reinsurance). The company provides risk transfer solutions to primary insurers in Indonesia, with specialized divisions for treaty, facultative, claim & retrocession, and actuarial services.

Differentiator

Problem solved

Functional benefit

Products and services

• Reasuransi Umum (General Reinsurance) Conventional reinsurance services for general (non-life) insurance risks including property, casualty, motor, marine, and other general insurance lines, delivered under treaty and facultative arrangements to primary insurance companies in Indonesia.
• Reasuransi Jiwa (Life Reinsurance) Conventional reinsurance services for life insurance products including individual life, group life, health, and accident insurance, offered to life insurance companies through treaty and facultative arrangements.
• Reasuransi Syariah (Islamic/Sharia Reinsurance) Sharia-compliant reinsurance (retakaful) services operating under Islamic principles of ta'awun (mutual assistance) and tabarru' (donation), providing takaful-based reinsurance solutions to Sharia insurance companies and takaful operators in Indonesia.

Named customers17 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered strategic, core, major and supporting.

• Bank Syariah IndonesiastrategicGTM or Marketing Partner · 30 August 2022Socialization of rate and treaty conditions between Bank Syariah Indonesia and Nasional Re for Islamic insurance products.
• OJK (Financial Services Authority)coreOthersRegulatory oversight and compliance partnership with Indonesia's Financial Services Authority for insurance industry operations.
• Ministry of Finance IndonesiacoreOthersGovernment regulatory partnership for insurance and reinsurance industry supervision.
• AskrindomajorStrategic or Co-development PartnerAskrindo is a state-owned insurance company that conducts business activities and sharing sessions with Nasional Re, indicating a strong working relationship.
• AAUI (Asosiasi Asuransi Umum Indonesia)majorStrategic or Co-development PartnerIndonesian General Insurance Association membership and participation in industry events like AAUI CUP.
• AAJI (Asosiasi Asuransi Jiwa Indonesia)majorStrategic or Co-development PartnerIndonesian Life Insurance Association for industry collaboration and participation in AAJI events.
• AASI (Asosiasi Asuransi Syariah Indonesia)majorStrategic or Co-development PartnerIndonesian Islamic Insurance Association for Sharia reinsurance collaboration.
• Indonesia Financial Group (IFG)majorStrategic or Co-development PartnerState-owned financial institution partnership for insurance and financial services development.
• Danantara IndonesiamajorStrategic or Co-development PartnerInvestment management entity partnership for financial services ecosystem.
• LAPSSJKsupportingTechnology or IntegrationFinancial Services Institution Information System for insurance industry data exchange.
• AON REmajorChannel Partner/ Reseller/ DistributorGlobal reinsurance broker conducting claim reconciliation and business activities with Nasional Re.
• Garuda RestrategicChannel Partner/ Reseller/ DistributorIndonesian reinsurance company for claim reconciliation activities.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Swiss Re: Top-three global reinsurer operating across Indonesia through broker channels. Sets pricing benchmarks and capacity standards that domestic reinsurers like Nasional Re must compete against.
• SCOR: Global reinsurance group with Asia-Pacific hub in Singapore serving the Indonesian market. Competes for treaty and specialty business alongside domestic players.
• Hannover Re: Major global reinsurer with established Indonesia footprint, particularly strong in facultative and specialty lines. A direct competitive presence for complex risk cessions.
• Munich Re: Global reinsurance market leader with deep Indonesia presence through Munich Re offices and brokers (AON, Guy Carpenter). Competes for large treaties and complex risks that exceed domestic reinsurer capacity.

Direct peers

• PT Tugu Reasuransi Indonesia: Indonesian state-affiliated reinsurer offering general, life, and Sharia reinsurance. Closely comparable to Nasional Re in product mix, customer base, and domestic-only orientation.
• PT Garuda Re: Indonesian reinsurance company active in claim reconciliation and treaty business with the same ceding insurers. Directly comparable as a domestic multi-line reinsurance peer.
• PT Reasuransi Indonesia Utama: Domestic Indonesian reinsurer providing treaty and facultative reinsurance to Indonesian primary insurers. Competes head-to-head with Nasional Re for the same ceding company relationships.
• PT Maskapai Reasuransi Indonesia (Marein): One of the oldest domestic Indonesian reinsurers, founded in 1965. Directly competes with Nasional Re across general and life reinsurance lines for the same pool of Indonesian cedent insurers.

Regional players

• Malaysian Reinsurance Berhad (Malaysian Re): Malaysia's national reinsurer operating across ASEAN including Indonesia. Regionally comparable business model but with different geographic focus and Sharia division that also competes in retakaful.

Others

• Aon (Reinsurance Solutions): Global reinsurance broker acting as intermediary between Indonesian cedents and reinsurance markets including Nasional Re. Listed as a counterparty and influences placement of business to the company.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NasionalRe
• YouTubeyoutube.com/channel/UC68CxeLQ1Y6kGU7CY_rDG-Q/featured
• Facebookfacebook.com/reasuransi.nasional.5
• LinkedInlinkedin.com/company/nasionalre
• Instagraminstagram.com/nasionalre?igshid=YmMyMTA2M2Y=

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Reasuransi Nasional Indonesia