Indonesia Re backs national tourist ship fleet with risk guarantees

PT Reasuransi Indonesia Utama (Indonesia Re) is stepping up to support the national marine tourism industry through a new risk management initiative. The company has entered into a Memorandum of Understanding (MoU) aimed at developing comprehensive risk guarantee schemes for Indonesia's fleet of tourist vessels.

The agreement, signed during the INSA Yacht Festival (IYF) 2026 in Bali, is a collaborative effort involving the Indonesian National Shipowners’ Association (INSA), PT Biro Klasifikasi Indonesia (BKI), and PT Asuransi Jasaraharja Putera (JRP). This partnership signifies a crucial step in bolstering the safety and financial security of the marine tourism sector.

This collaboration introduces the Strategic Risk Management (SRM) concept to the marine tourism segment. SRM integrates technical risk control and financial risk guarantees into a seamless, end-to-end process, covering everything from shipowners to insurance and reinsurance. Indonesia Re's CEO, Robbi Yanuar Walid, emphasized the nation's capability to provide robust solutions for strategic industries like marine tourism when these elements are properly aligned. He stated that Indonesia Re is committed to ensuring that guarantee capacity grows domestically, aligning with the broader goal of self-reliance within the ecosystem.