Fitch Ratings affirmed the A-(idn) national insurer financial strength rating of PT Reasuransi Maipark Indonesia. The outlook is positive.

The rating and its positive outlook consider the company's strong operating performance, moderately weak capitalization, less favorable business profile and conservative investment portfolio. However, the rating is limited by the company's small market size compared with peers, as well as its focus on the Indonesian earthquake risk reinsurance, which exposes it to catastrophe risk.