Good governance is the foundation of a company's commitment to its stakeholders. The Board of Commissioners and the Board of Directors are commit to design and implement governance practices to ensure PT Reasuransi Indonesia Utama (Persero) is managed with high integrity standards in order to maximize long-term shareholder value and develop the insurance market.
In the reinsurance industry, corporate governance is an important factor in maintaining the trust and assurance of shareholders and ceding companies. Good corporate governance is increasingly important in line with the increasing business risks and challenges faced by the reinsurance industry. By prioritizing Good Corporate Governance (GCG) and good risk management, Indonesia Re is expected to become a healthy company and continue to grow. The implementation of GCG is based on five basic principles, namely transparency, independence, accountability, responsibility and fairness.
In applying the principles of GCG, the management has taken steps to promote and manage GCG as an important part of the company's culture and values to be adopted by all employees at all levels of the organization. Indonesia Re's commitment to the importance of GCG is marked by owning a sufficient system and infrastructure that supports the implementation of GCG principles. Among others is by having a number of these guidelines related to GCG: