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    Session 3 Iskandar Kemen BUMN

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    20210103154 Anita Kisni Mariatul Qifli
    1) Jasindo, a state-owned enterprise in Indonesia, has been assigned by the government to implement an agricultural insurance program called AUTP to protect farmers from risks like flooding, drought, disease and pests. 2) Through AUTP, over 8 million farmers cultivating over 5 million hectares of land have been insured from 2015-2022, with over Rp646 billion paid out in claims. 3) The government subsidizes 80% of insurance premiums for farmers with land holdings of up to 2 hectares, while farmers pay the remaining 20% of premiums.

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    Session 3 Iskandar Kemen BUMN

    Uploaded by

    20210103154 Anita Kisni Mariatul Qifli
    23 views8 pages
    1) Jasindo, a state-owned enterprise in Indonesia, has been assigned by the government to implement an agricultural insurance program called AUTP to protect farmers from risks like flooding, drought, disease and pests. 2) Through AUTP, over 8 million farmers cultivating over 5 million hectares of land have been insured from 2015-2022, with over Rp646 billion paid out in claims. 3) The government subsidizes 80% of insurance premiums for farmers with land holdings of up to 2 hectares, while farmers pay the remaining 20% of premiums.

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    1) Jasindo, a state-owned enterprise in Indonesia, has been assigned by the government to implement an agricultural insurance program called AUTP to protect farmers from risks like flooding, drought, disease and pests. 2) Through AUTP, over 8 million farmers cultivating over 5 million hectares of land have been insured from 2015-2022, with over Rp646 billion paid out in claims. 3) The government subsidizes 80% of insurance premiums for farmers with land holdings of up to 2 hectares, while farmers pay the remaining 20% of premiums.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views8 pages

    Session 3 Iskandar Kemen BUMN

    Uploaded by

    20210103154 Anita Kisni Mariatul Qifli
    1) Jasindo, a state-owned enterprise in Indonesia, has been assigned by the government to implement an agricultural insurance program called AUTP to protect farmers from risks like flooding, drought, disease and pests. 2) Through AUTP, over 8 million farmers cultivating over 5 million hectares of land have been insured from 2015-2022, with over Rp646 billion paid out in claims. 3) The government subsidizes 80% of insurance premiums for farmers with land holdings of up to 2 hectares, while farmers pay the remaining 20% of premiums.

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    You are on page 1of 8

    International Conference on

    Agriculture Insurance
    Jakarta, 8 June 2023
    The Role of The Ministry of SOE

    State-Owned Enterprises Contribution The Ministry of SOE as a Shareholder


    State-Owned Enterprise,
    an Enterprise which capital is owned by the state either majority or entirely through direct
    equity participation deriving from the Restricted State Assets.

    Value Creator Agent of Development

    Business Business Public Pioneer of


    Growth Risk Welfare Growth

    In 2020 a SOE
    Ensuring SOE Business Growth planning
    is accompanied by good risk
    Ensuring SOEs are the pioneer of
    creating public prosperity
    insurance holding was
    management , and also willing to be a lead agent formed, namely IFG and
    Insurance Holding Company Jasindo became a part
    of the holding which
    focuses on general
    insurance.
    (7%)

    General Insurance Company

    Long Term Sustainability


    Background & Purpose of Agricultural Insurance

    Background Purpose

    1 Law of The Republic of Indonesia Number 19 of 2013 Agricultural Insurance


    Article 38 The Agricultural Insurance Program provides security for Indonesian
    The Government and Regional Governments in accordance with their farmers from agricultural risks in the form of financial compensation
    authority assign state-owned enterprises and/or regional-owned for land cultivation, and the government subsidizes insurance
    enterprises in the insurance sector to perform Agricultural Insurance. premiums.

    2 Regulation of The Minister of Agriculture 40/Permentan/SR.230/7/2015 Food Productivity

    Article 22
    The government is obliged to ensure national food availability, and
    Insurance Premium Subsidy from the State Budget is performed by the
    this is driven by the productivity of food produced by Indonesian
    state-owned enterprises in the insurance sector based on assignment
    farmers.
    complying with the regulation.

    3 Assignment of the Government to Jasindo Food Security


    In accordance with the letter from the Minister of Agricultural to the Food Security is the condition in which food is available for the people
    Minister of State-Owned Enterprises regarding The Assignment of reflected by the availability of sufficient food, quantity and quality,
    Agricultural Insurance, the Minister of SOE as a shareholder assigns safe, and affordable.
    Jasindo to perform the agricultural insurance.
    Agricultural Insurance Profile

    Assignment of the Government to Jasindo


    Jasindo has been assigned to perform the agricultural insurance, namely Asuransi Usaha Tani Padi (AUTP). AUTP is an insurance
    product that protects farmers from the threat of crop failure as a result of the risk of flooding, drought, disease, and attacks by
    Plant Pest Organisms.

    Farmer Criteria Time Period Insurance Premium Guaranteed Risk


    Farmers/cultivators who own land
    One growing season starts from Flooding, drought, disease and
    with a maximum of two hectares of Government 80% and Farmer 20%
    planting to harvest. attacks by Plant Pest Organisms
    land area.

    Jasindo AUTP Realization (2015-2022)

    Number of insured farmers Gross Premiums


    8.106.844 Farmers Rp947,18 Billion Loss Ratio
    68,23%
    Insured crop area Claim Paid
    5.262.101,31 Hectare Rp646,27 Billion
    Government Funding Process

    Farmer Government Farmer Government Jasindo

    The Department of The Ministry of


    Agriculture issues a Agriculture pays the
    Decree on the remaining premium
    Definitive List of that is 80% of the
    Participants. total premiums.

    Farmers register Farmers pay the Jasindo issues the


    through the SIAP premiums as much AUTP insurance
    application. as 20% of the total policy.
    premiums.
    Challenges

    Lack of interest and literacy in


    agricultural insurance
    Program Socialization

    Farmers need to be In addition to increasing


    aware that the “AUTP” awareness, efforts are also
    program exists and needed to increase the interest
    can support their and literacy of the farmers.
    businesses.
    .

    Program Mechanism

    The “AUTP” program must have


    an optimum mechanism for all
    stakeholders.
    What’s next?

    POOLING OF INTEREST
    The mechanism of risk transfer by
    collecting the premiums into the pool
    used to cover the risks that are sudden
    and unexpected.

    RISK TRANSFER
    (existing condition)
    The mechanism of transferring the risk of
    the insured/farmers who have rice fields
    as required by the regulation,
    individually.
    Thank You

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