Asuransi Ramayana Tbk PT (ASRM)

Overview

PT Asuransi Ramayana Tbk is a comprehensive general insurance provider based in Indonesia, with operations spanning across the nation. Established in 1956, the company has built a solid foundation and reputation in the Indonesian insurance industry. It offers a wide range of insurance products and services through its two main operational segments: General Insurance and Rental of Office Buildings. Beyond its core insurance business, PT Asuransi Ramayana Tbk also diversifies its operations into the rental of office buildings and car rental services, showcasing its versatility and adaptability in the dynamic business environment of Indonesia. The company's commitment to providing reliable and diverse insurance solutions underpins its longstanding presence and growth in the market.

Products and Services

• Property Insurance: This product is designed to protect the insured from financial losses related to the ownership of buildings or real estate properties due to events like fires, natural disasters, or vandalism.
• Motor Vehicle Insurance: Offers coverage for damages or losses to the insured's vehicle caused by accidents, theft, or other unforeseen events. It can also include liability coverage for the damages to other vehicles or property, and bodily injuries or deaths that may result from car accidents.
• Personal Accident Insurance: Provides financial compensation to the insured in case of injuries, disabilities, or death caused solely by violent, accidental, external, and visible events. It serves as a financial safety net for the individual and their family.
• Marine Insurance: Covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. This category includes both Marine Cargo Insurance and Marine Hull Insurance:
  • Marine Cargo Insurance: Provides coverage for goods during transport over sea, air, and land.
  • Marine Hull Insurance: Offers coverage for physical damage to the ship or vessel itself.
• Health Insurance: Covers the cost of an insured individual’s medical and surgical expenses, providing financial relief for medical treatments, hospital stays, and sometimes outpatient care.
• Engineering Insurance: Offers coverage for the risks associated with ongoing construction projects, machinery, and equipment in industries. This includes protection from damages or losses due to accidents or unforeseen events.
• Bond Insurance: Ensures the fulfillment of contract terms or projects, providing a safety net against defaults or incomplete performance by the principal.
• Fire Insurance: Provides financial coverage against damage or loss of property due to fire, lightning, explosion, and other specified perils.
• Liability Insurance: Protects the insured in the event they are held legally liable for injuries or damages caused to another person or property, covering legal costs and payouts for which the insured would be responsible.
• Money Insurance: Covers the loss of money in transit, in a safe, or while on the business premises, due to theft, robbery, or any other unforeseen events.
• Freight Insurance: Specifically designed to protect the interests of cargo owners during shipment, covering loss or damage to cargo while in transit.
• Ship Frame Insurance: Provides coverage for the frame and structure of the ship against damages or losses from a variety of marine-related incidents.
• Aviation Insurance: Covers risks related to the operation of aircraft and the risks to aircraft passengers and cargo, including damages or loss of the aircraft itself.
• Miscellaneous: PT Asuransi Ramayana Tbk also offers a variety of other insurance products tailored to meet the specific needs of different clients, including Sharia insurance products that comply with Islamic law.