Indonesian insurer disburses $17.6 billion in disaster claims to Ministry of Religious Affairs

PT Asuransi Jasa Indonesia (Jasindo), leading the State Asset Insurance Consortium (KABMN), has officially handed over Rp17.6 billion in insurance claims to the Indonesian Ministry of Religious Affairs. This significant payout is designated for state assets that suffered damage from natural disasters in Aceh, North Sumatra, and West Sumatra provinces during 2025. The funding for these claims comes from the Disaster Pooling Fund (PFB) scheme.

The official ceremony took place in Jakarta on Monday, July 27, 2026, during an event organized by the Directorate General of State Assets (DJKN) of the Ministry of Finance. The symbolic handover saw Ocke Kurniandi, Operations Director of Asuransi Jasindo, present the claim payment to Damayanti Ratunanda, Director of Fund Distribution at BPDLH, and Ahmad Hidayatullah, Head of the Finance and State Asset Bureau at the Ministry of Religious Affairs. The event was also attended by Evita Manthovani, Director General of State Assets at the Ministry of Finance, and other KABMN consortium members.

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This claim payment demonstrates that planned risk management can help the government accelerate the recovery process of state assets affected by disasters, ensuring the continuity of public services.

Ocke Kurniandi emphasized that this claim payment highlights Jasindo's role, alongside the KABMN, in protecting state assets and supporting swift post-disaster recovery. "This claim payment demonstrates that planned risk management can help the government accelerate the recovery process of state assets affected by disasters, ensuring the continuity of public services," he stated. This disbursement represents the inaugural claim payment under the State Asset Insurance with Disaster Pooling Fund financing scheme (ABMN-PFB), underscoring the practical benefits of risk transfer mechanisms through state asset insurance in bolstering national fiscal resilience.

Evita Manthovani of the Ministry of Finance noted Indonesia's high vulnerability to natural disasters due to its location in the "ring of fire." She stressed that State Asset Insurance is not merely a regulatory requirement but a crucial component of strengthening the nation's fiscal resilience by expediting the recovery of disaster-affected government assets. The claims are a follow-up to losses incurred between November 25-30, 2025, affecting Ministry of Religious Affairs assets in the specified regions.

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State Asset Insurance is not merely a regulatory requirement but a crucial component of strengthening the nation's fiscal resilience by expediting the recovery of government assets affected by disasters.