Accounting & Bookkeeping ยท KBLI 65120

General Insurance Accounting

General insurance has different characteristics from life: short-term contracts, UPR, IBNR, and reinsurance ceded. Arunika Consulting helps P&C insurers prepare compliant books.

Chat on WhatsApp All services

What usually goes wrong

  • UPR

    Pro-rata daily reserve for unearned premiums.

  • IBNR

    Claims incurred but not yet reported.

  • Reinsurance

    Ceded recoverable tracking.

What we do

  1. 01

    Reserve System

    Auto UPR calculation and chain ladder IBNR.

    • Accurate

Related regulations

  • PSAK 74

    Insurance Contracts

    PAA for short-term contracts

  • PSAK 71

    Financial Instruments

    Insurance investments

  • POJK 16/2017

    Insurance Reporting

    OJK guidelines

If the tax office starts asking questions

The team that keeps your books and files your taxes also stays with you through an SP2DK, an audit, an objection and an appeal.

How we handle tax disputes

Frequently Asked Questions

What is UPR?

Unearned Premium Reserve = (remaining coverage days / total days) ร— net premium. Deficiency tested if UPR < expected future claims.

How do accounting services improve operating cost efficiency?

Accurate, timely financial reports help you spot cost leakage, monitor margins by product or service, and make data-based decisions.

Can financial reports be accessed in real time?

Yes. We use cloud accounting systems so you can monitor cash flow, profit and loss, and business performance from anywhere.

How do you ensure reports are ready for external audits or banks?

Reports are prepared with clear documentation and traceable transaction data.

Related Industries

Tell us about your business

Send your line of business, rough annual turnover, and what is going wrong. We reply on WhatsApp.

Chat on WhatsApp